NIC Bank Limited is registered by the Retirement Benefits Authority (RBA) as a custodian and by the Capital Markets Authority (CMA) as an authorized Depository Agent. We have a fully functional Custodial Services Unit.

Our Custodial team consists of skilled and experienced professionals who execute instructions on a timely manner and ensure that all entitlements and income received are promptly credited into the clients account and properly reconciled.

We offer the following services

• Safe keeping of securities
• Settlement and processing of transactions
• Registration of Scheme assets
• Corporate action on behalf of clients
• Provision of accurate and timely reports
• Income collection on investments
• Proxy voting
• Facilitating foreign exchange transactions
• Tax reclamation

Our services are open to:

• Pension and Provident Funds/Schemes
• Savings and Credit Co-operative Societies (Saccos)
• Insurance Companies
• Foreign Institutional Investors
• Unit Trust Managers
• Mutual Funds
• Investment Clubs
• High Net-worth Individuals

For all custodial needs call us today on 2888000 or email
custody@nic-bank.com