Direct Account Holder

Direct Account Holder
In the ESES context, this is a Party that holds one or more Securities Accounts and that is able to transfer securities in the CSD System, using either free of payment instructions or delivery versus payment instructions.

Euroclear glossary. 2008.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • Direct Account Holder — In the ESES context, this is a Party that holds one or more Securities Accounts and that is able to transfer securities in the CSD System, using either free of payment instructions or delivery versus payment instructions. Euroclear Clearing and… …   Financial and business terms

  • Direct debit — A direct debit or direct withdrawal is an instruction that a bank account holder gives to his or her bank to collect an amount directly from another account. It is similar to a direct deposit but initiated by the beneficiary. It is also called… …   Wikipedia

  • Direct holding system — The direct holding system is a traditional system of securities clearance, settlement and ownership in which owners of securities had a direct relationship with the issuer. Investors would either be recorded on the issuer s register or be in… …   Wikipedia

  • direct debit — A form of standing order given to a bank by an account holder to pay regular amounts from his cheque account to a third party. Unlike a normal standing order, however, the amount to be paid is not specified; the account holder trusts the third… …   Big dictionary of business and management

  • Direct democracy — Part of the Politics series Democracy History · Vari …   Wikipedia

  • ING Direct — is a marketing name for a branchless direct bank with operations in Australia, Canada, France, Germany (branded ING DiBa ), Austria (branded ING DiBa ), Italy, Japan, Netherlands (branded Postbank ), Spain, United Kingdom and the United States.… …   Wikipedia

  • Transactional account — Banking A series on Financial services …   Wikipedia

  • Health savings account — A Health Savings Account (HSA) is a tax advantaged medical savings account available to taxpayers in the United States who are enrolled in a High Deductible Health Plan (HDHP). The funds contributed to the account are not subject to federal… …   Wikipedia

  • Individual Retirement Account — An Individual Retirement Account (or IRA) is a retirement plan account that provides some tax advantages for retirement savings in the United States.Legal basisThe individual retirement account and related vehicles (see Definitions) were created… …   Wikipedia

  • Medical savings account — Taxation An aspect of fiscal policy …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”