General information - Netherlands

20.03.2023

CBF, CBL and LuxCSD-eligible security types

  • Equities;
  • Investment funds (except for LuxCSD);
  • Domestic bonds (including government bonds);
  • Short-term notes:
  • T-bills;
  • Domestic and foreign commercial paper (including Dutch Treasury Certificates);
  • Domestic and foreign certificates of deposit (including Nederlandsche Bank Certificates);
  • Medium-term notes;
  • Foreign bonds;
  • Stripped government bonds;
  • Warrants;
  • Multi-listed securities (Home CSD outside T2S).

Note: Some selected T2S eligible Investment funds will settle via BNP Paribas S.A. (depository 2N) in Euroclear Nederland and are not eligible in CBF and LuxCSD.

Depository

Depository

CSD/Local custodian/Agent

CBF

All T2S eligible assets

EUROCLEAR NEDERLAND
Damrak 70
PO Box 199163
NL-1000 Amsterdam

The Netherlands

Asset Servicing local agent
BNP Paribas S.A., PARIS
Les Grands Moulins de Pantin
9 rue du Débarcadère
93500 Pantin
France

CBL

All T2S eligible assets

CLEARSTREAM BANKING AG
Mergenthalerallee 61
D-65760 Eschborn
Germany
Selected investment funds

EUROCLEAR NEDERLAND
Damrak 70
PO Box 199163
NL-1000 Amsterdam
The Netherlands

Account operator/Depository

BNP Paribas S.A., PARIS 
Les Grands Moulins de Pantin
9 rue du Débarcadère
93500 Pantin
France

Physical deliveries (1F)

BNP Paribas S.A.
Attn: Jan Bras
Herengraacht 595
NL-1017 CE Amsterdam
The Netherlands

LuxCSD

All T2S eligible assets:

CLEARSTREAM BANKING AG
Mergenthalerallee 61
D-65760 Eschborn
Germany

Physical securities

For physical deliveries, please specify in any covering information that securities are for “Deposit into Clearstream’s account“.

The Euroclear Nederland deposit form is not required for deposits that are not ESES-eligible made to BNP Paribas S.A..

Physical deliveries for ESES-eligible bonds must be made to:

BNP Paribas S.A.
Attn: Jan Bras
Herengraacht 595
NL-1017 CE Amsterdam
The Netherlands

Customers that wish to credit Dutch physical securities to their Clearstream Banking S.A. (CBL) account must send:

  • The physical securities,
  • A cover letter with their 5-digit CBL account number,
  • A completed Euroclear Nederland Deposit Form and
  • A receive free instruction as specified in the relevant settlement instruction specifications.

Upon receipt of the physical securities, and provided that the physical package is in negotiable form, BNP Paribas S.A. will start the dematerialisation process with the agent. When this process is completed, the securities are delivered to Euroclear Netherlands for further credit in book-entry form to the CBL account.

Non-ESES physical securities eligible in CBL

Securities to be received in CBL must first be submitted to the depository bank at the following address:

BNP Paribas S.A.
Rue Loxum, 25
B-1000 Brussels
Belgium

Customers must ensure that a shipment advice accompanies each delivery and that the securities are of good delivery. The shipment advice must provide both:

  • A full description of the securities delivered that includes related ISINs, related denominations and attached coupons; and
  • The name and CBL account number of the beneficiary.

Physical deliveries for non-ESES-eligible bonds must be made to:

KASBANK
Attn: Euroclear Nederland
Spuistraat 172
NL-1012 VT Amsterdam
The Netherlands

Euroclear Nederland physical securities

Customers must ensure that a shipment advice accompanies each delivery and that the securities are of good delivery. The shipment advice must provide both:

  • A full description of the securities delivered that includes related ISINs, related denominations and attached coupons; and
  • The name and CBL account number of the beneficiary.

Important notes:

BNP Paribas S.A. reserve the right to return the physical package to, and at the expense of, the delivering customer if the physical package is not in negotiable form.

The book-entry securities will not be credited to the CBL account if the receive free instruction is not received.

When delivering physical securities to Euroclear Nederland for the account operated by BNP Paribas Securities Services customers must use a Deposit Form (see Euroclear Nederland Deposit Form).

CBF Cash correspondent details

Currency:

Euro (EUR) via T2 RTGS

CCB name:

Bundesbank

CBF account:

RTGS DCA of a direct T2 RTGS participant

CBL Cash correspondent details

Currency:

Euro (EUR) via T2 RTGS

CCB name:

Banque centrale du Luxembourg

CBL account:

See T2 RTGS payment instructions

SWIFT address:

TRGTXEPMRTG

LuxCSD Cash correspondent details

Currency:

Euro (EUR) via T2 RTGS

CCB name:

Banque centrale du Luxembourg

LuxCSD account:

RTGS DCA of a direct T2 RTGS participant