RMB Custody and Trustee Services

RMB Custody and Trustee Services, a division of FirstRand Bank Limited, provides securities settlement services and banking facilities to local and foreign financial institutions. We understand that the world has become more complex, more interconnected and more dependent on electronic information processing. At the crux of the Custody business model is this understanding of your needs.

RMB Custody and Trustee Services is a Central Securities Depository Participant (CSDP) and a shareholder of Strate — the licensed Central Securities Depository (CSD) for the electronic settlement of financial instruments in South Africa.

Our wide range of sub-custody competencies is tailored to service local and foreign institutional investors trading on the Johannesburg Stock Exchange (JSE).

Trustee Services provides investment and accounting compliance services to management companies. This offering is complemented by a state-of-the-art accounting, reporting and reconciliation package to meet the trustee duties and responsibilities, as prescribed by legislation.

Basics done well for you

  • Safekeeping and trade settlement of local equity, bond and money market instruments
  • Registration (custody share registers of listed companies)
  • Asset servicing (including corporate actions administration, collection of interest, allotments, redemption proceeds, distributions and payments), income collection and proxy voting
  • Management information reporting
  • Trustee services