Custody Services

Securities Custody 

The Bank provides custody services to high net worth individuals utilising its’ international network of brokers and correspondent banks. All custody accounts are in the name of Caledonian Bank (Nominees) Limited (a wholly owned subsidiary of the Bank), to ensure that these accounts are not co-mingled with the Bank’s operating accounts.

Fund of Fund Custody 

The Bank also offers custody services for fund of funds that are administered by Caledonian Fund Services (Cayman) Limited and certain highly qualified customers. The Bank’s custody services integrate seamlessly with our credit facilities since the collateral needed to provide financing is already registered in our name as custodian. In addition, we are accustomed to providing custody for leverage financing arrangements and familiar with the associated controls and reporting required by lenders.

Custody services include:

• Processing subscriptions, redemptions and transfers into and from underlying funds
• Processing purchases and sales of financial instruments
• Reconciling holdings
• Customised reporting