Securities Account
The Securities Account is an account for depositing securities and for making payments pertaining to securities transactions. After opening a Securities Account the customer may buy securities independently or through the bank's brokers, and invest in Latvian and global securities markets.
Customers with a Securities Account may also instruct the Bank to buy or sell securities by telephone or via Internet banking. Each completed transaction is entered into the customer's Securities Account without additional instruction. The customer is informed on the current prices of owned securities/shares and the course of general meetings of shareholders and their agenda. Securities owned by the customer are held separately from securities owned by the Bank, and they may not be used to cover the bank's creditors' claims.
Possibilities and advantages
- Sell and purchase securities,
- Effect reliable and timely payments for all transactions,
- Effect reliable and timely payments for all transactions,
- Invest the free funds in securities of various risk profiles and yields,
- Use Swedbank Securities Account for holding all publicly available securities of the Baltics and the world,
- De-register or receive the shares obtained during privatisation of the company to the customer's Securities Account. It is also possible to de-register own shares to a Securities Account of another person. In such event the customer signs a de-registration application indicating that the recipient of securities is another customer of the bank,
- Receive a unified Securities Account statement on all transactions performed and the status of the securities portfolio.
 
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