Asset servicing - Croatia
Income collection
| Service offered | Remarks |
| Notification to customers | |
Standard Asset Servicing reporting via SWIFT MT56x, Xact Web Portal and Xact File Transfer. | See Section 8 “Asset servicing” of the Customer Handbook. See Connectivity manuals on the Clearstream website. |
| Payment of proceeds | |
Ex-date is usually Record date -1. - Through the CDCC system, which means that the issuer pays the income to the CDCC and the money is then transferred to Erste Bank (for further credit to CBL); or Proceeds are paid to the customer's account upon successful receipt and reconciliation of funds. Proceeds will be paid with the value with which they are received. Funds under the Available for Cash Loan (ACL) concept, when applicable, are paid with good value. The payment method to be applied is reported via MT564 IPAR and Xact Web Portal IPAR. | For further details on entries qualified as ACL, please refer to the section “5.6 Financing: availability of funds” of the Customer Handbook. |
Corporate actions
| Service offered | Remarks | |
| Notification to customers | No specific deviations from standard reporting provided by CBL apply to the Croatian market. | |
Clearstream Banking advises customers of their entitlement to participate in Croatian corporate actions. | ||
| Instruction to CBL | ||
| Customers may instruct CBL to carry out options foreseen in the terms and conditions of the underlying type of security. These options include, but are not limited to, put options, conversions, exercises of warrants, exchanges, detachment of warrants etc. In addition, CBL informs customers on an “as and if received” basis of unscheduled securities events occurring on account holdings, such as rights offers, reinvestment options, exchange offers, purchase offers, mergers etc. | ||
Proxy Voting procedures
Proxy voting services are not available in CBL for this market.
Entitlement compensation rules
Please refer to the Entitlement Compensation Rules - Croatia.