Global Custody

CMB Wing Lung Bank, based in Hong Kong, commits to build an international asset custody service platform. CMB Wing Lung custody team provides high-quality and tailored-made asset custody service for institutional clients (clients), enhancing and satisfying clients’ needs on asset management business from time to time.

Core Business:
Custody for offshore bond:
  • Custody and hold bond shares in offshore market on behalf of bond investors.
  • Collect bond interests on behalf of bond investors.
  • Process corporate action.
Fund Custody and Administration Services:
  • Custody services: securities depository, cash management, trade transactions, trade settlements, and corporate actions.
  • Administration services: issue monthly fund statements, support auditing, maintain comprehensive account records and books, valuation and accounting, and calculate performance fee.
  • Transfer agency service: receive redemption and subscription orders; prepare and issue monthly and other periotic statements to all shareholders and distributors/agents.
RQFII:
  • Cooperate with China Merchants Bank and its subsidiaries to provide convenient integrated custody and clearing services.
Bond Trustee and Agency Services:
  • The trustee is usually a professional trust company and enters into a trust deed and agency agreement with the issuer. The duties of trustee include monitoring the obligations of issuer and related service providers, monitoring the charged accounts and the coupon and principal repayment to bondholders.
Agent of H Shares Dividend Distribution
  • Assist listed companies to distribute H shares dividend to shareholders in Hong Kong for fulfilling the requirement of the Listing Rules of the Stock Exchange of Hong Kong Limited.
Escrow Agent Services
  • Escrow Agent Service is a financial arrangement that involves an independent third party, or custodian institution. The custody team holds and regulates payment of the funds required for two parties in a given transaction. It helps make transactions more secure by keeping the funds in a secure escrow account which is only released when all of the terms of an agreement are met.

CMB Wing Lung Bank also provides clients a convenient, safe, and efficient U-BANK@CMBWLB Global Custody Service, supporting clients to enquiry about the real data of account holdings, cash transaction history, securities transaction history and etc.; download custody account reports and fund administration reports; submit security settlement instruction, and check the status of instructions at any time. If you would like to learn more about U-BANK@CMBWLB Global Custody Services, please click here.

Should you have any enquiries, please contact the Bank’s staff RM or call our Customer Services Hotline at (852) 230 95555.

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