Release of Securities Pledge through Electronic Pledge System
The SDC developed a special electronic system for pledgee banks to release pledge in their favor on the securities belonging to their clients directly.
Persons benefiting from the service
Banks (Pledgee).
Conditions of obtaining the service
- The pledge to be released is proven through the electronic pledge system.
- The pledgee Banks have to be connected to the electronic pledge system.
Required Documents
None.
Procedures
The pledgee releases the pledge through the Electronic Pledge System directly.
Estimated Time
Directly.
Location
The pledgee Banks that is connected to the electronic pledge system.
Partner institutions
Banks that are working on the Electronic Pledge System.
Estimated Fees
No fees.
