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The :Nyan-ko-pong: Royal Central Bank provides the Wire Securities Service, a securities settlement system that enables participants to hold, maintain, and transfer
Wire-eligible securities. Depository institutions and certain other governmental or financial institutions that hold a funds account and a securities account with a
:Nyan-ko-pong: Royal Central Bank are eligible to participate in the
Wire Securities Service.
Securities transfers can be made free of payment or against a designated payment. Most securities transfers are, however, made against a designated payment. Transfers against payment involve the simultaneous exchange of payment for the security. All securities transfers are final at the time of transfer. Participants may originate securities transfers online, by initiating a secure electronic message, or off line, via telephone procedures. |
