Digital Transfer of Global Certificates

“Digital Transfer of Global Certificates” or DTG, provides an electronic interface for the deposit of global certificates.

So far, the deposit of securities was only physically possible. For this purpose, the master data of the securities had to be submitted in advance in the online client of OeKB CSD. Subsequently, the securities certificates were deposited in the vault of OeKB CSD.

From now on, the issuer or its selected paying agent can transfer the securities conditions and the basis data for the issue of the global certificate electronically to OeKB CSD. 

There are two options to do so:

• Secure File Transport Protocol (SFTP) or
• Web service

For legal reasons, the issue of the physical global certificates remains in existence. It will be proceeded by OeKB CSD according to separate instruction from the issuer.

Purpose:

The DTG service only applies to

• certificates
• options
• certain types of bearer bonds.

Prerequisite:

To be able to use the DTG service, a previously concluded agreement with OeKB CSD is required. This is considered the basis for the electronically deposit.

Profit:

Issuers gain a comfort in bulk deposits because of the state-of-the-art digital interface. Due to no longer needed physical deposit, they benefit from time- and cost-saving.

Process: