Colombia: New domestic link


Clearstream Banking1 informs customers that it will implement a domestic link to Colombia on

19 November 2018

with a settlement against payment custody link via BNP Paribas Securities Services Sociedad Fiduciaria S.A, Bogotá adding the Colombian Peso (COP) as a full settlement currency.

This new domestic link will provide settlement and custody services in a segregated account structure at beneficiary level for Colombian equities and corporate debt deposited with Deceval, and government debt deposited with DCV, acting as the market’s central securities depositories (CSD).

The link opening forms part of Clearstream Banking’s expansion of its custody network and aims to help foster foreign investor access to the local market.

Impact on customers

Clearstream Banking customers will be able to use the following services:

  • Segregation of beneficiary accounts at custodian/CSD level;
  • External free of payment and against payment settlement in COP;
  • Full asset and tax servicing.

Further information

The Market Link Guide – Colombia and supporting documentation will be available on the Clearstream Banking website on 16 November 2018.

For further information, please contact Clearstream Banking Client Services or your Relationship Officer.

1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for CBF customers using Creation accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.