Electronic document transfer

The electronic transfer of documents is a much safer and more efficient alternative to the physical delivery of global notes. Customers of Clearstream Banking Frankfurt benefit from our Electronic Documentation Transfer (EDT) service, which enables the electronic admission of securities. Terms and conditions are submitted automatically, after which Clearstream generates the global notes and the deposit instruction on the issuers’ behalf, and ensures immediate safekeeping in our vaults.

As a result, issuers benefit from three services in one: securities admission, issuance of global notes and the despatch of deposit instruction. The service is extremely popular in the German market and has enabled unprecedented issuance volumes.

Our ICSD in Luxembourg has a similar service for the electronic delivery of global notes and related documentation. Currently, this service is available for any issuance in the NGN (New Global Note) or NSS (New Safekeeping Structure) formats.