Transferring securities
Through this service, custodian entities are allowed to transfer securities between accounts within a single entity or between securities accounts kept in different entities.
Types of transfers
Entities offering this service may engage in the following types of transfers:
- Transfers with a change of bondholder: Bonds are transferred between different holders’ accounts. SUGEVAL has issued regulations restricting the reasons for these types of transfers.
- Transfers without a change in bondholder: In these cases transfers do not involve a change in bondholder. Therefore, for example, an investor may change the custodian entity.
Working hours
The bond transfer service is offered within the working hours established by System of Payments Regulations.