Cross Border Asset Services
globeSettle provides the widest range of corporate actions services applicable to eligible securities.
globeSettle leverages the highest European standards of corporate actions for Cash Distributions, reorganizations and transaction management as recognized by the European Central Bank in the framework of the participation of globeSettle’s sister company (Monte Titoli) in the T2S project.
globeSettle processes dividends and interest for assets held on the “upon receipt of fund” basis not anticipating any fund transfer in favor of any participants. Incoming funds received in favor of globeSettle’s multicurrency accounts with settlement agents and cash correspondent banks are transferred in favor of the participants’ accounts pursuant to the procedures defined in the Operating Instructions.