Finland: Settlement of securities transactions with counterparties in CASCADE

23.09.2013

We hereby provide guidelines for the settlement of transactions in Finnish domestic securities eligible in Clearstream Banking S.A.1 with counterparties in the CASCADE system of Clearstream Banking AG2.

To facilitate the transfer of Finnish domestic securities between customer accounts in CASCADE and accounts in Creation, CBF maintains account 18757 in Creation.

Guidelines for customers with account in Creation are as follows:

  • Customers can instruct free of payment receipts and deliveries of Finnish domestic securities with counterparties in CASCADE;
  • Customers are requested to include in their settlement instructions the CBF customer account number in CASCADE.

Further information

For further information, customers may contact Clearstream Banking Customer Service or their Relationship Officer.

------------------------------------------
1. Registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Register of Commerce and Companies under number B-9248 (CBL).
2. Registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500 (CBF).

As a registered customer, subscribe to our free email alerts service to receive immediate, daily and/or weekly notification of the latest customer publications on our website. Unsubscribe at any time; we respect your email privacy.