Hitch-Free Payment And Settlement
Escrow Group works with you and for you to ensure your transactions settle on the specified settlement date.
- All clients need to do is submit an instruction telling us when, which transaction and with which counterparty you have agreed a trade for us to settle
- The counterparty to your trade will also provide an instruction
Our systems seamlessly match the two instructions and ensure the seller is in possession of the securities and, if against payment, the buyer is in possession of the appropriate funds for the settlement of the transaction to be completed.
Efficient & Inexpensive
With our reliable, mission-critical systems client risk is minimized, settlement efficiency is maximized and costs are reduced.
Delivery against payment (DAP) settlement:
- - Ensures the concurrent transfer of funds to the vendor and assets/securities to the purchaser
- - Eradicates the inherent risk of paying a counterparty and not receiving the asset/security being purchased
Bespoke solutions to accommodate your requirements include:
- The flexibility to settle on a free of payment (FOP) basis
- Settlement of non-matched instructions (provided the possibility exists in the specific market)
Clients take advantage of:
- - Automated, STP (straight-through processing) and standardized communications protocols to increase settlement efficiency
- - Settlement-integrated securities lending and borrowing
- - Settlement in central bank money and/or commercial bank money
- - Strong asset protection