Custodian Banks
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Custodian Banks

The Custodian Bank is unlike any other banks that provide retail as well as the commercial banking solutions to its customers. These types of banks or the financial institutions take care of the financial assets either of the individual or of a company.. These banks are also known by the name of global custodians. These banks are spread all over the world like in Singapore Standard Chartered is the largest custodian bank, in Canada CIBC Mellon local.

If you are what is the work of a custodian then given below are the various types of functions that is performed by the bank.
  • Safekeeping of domestic as well as foreign assets or securities like bonds, stocks, commodities like metals and currencies (cash).
  • Arrangement for settling any type of sales and deliveries.
  • Collection of information on income from assets like stocks, equities and coupons.
  • Administering voluntary and involuntary actions on securities like stocks/equities and coupons.
  • Conduct foreign exchange transactions and provide information on securities.

Custodian Banks List

Given below are the names of some of the custodian banks in USA.

Bank of AmericaBank of New York MellonBBVA Compass
BNP Paribas Securities ServicesComerica BankCredit Suisse
Deutsche BankFifth Third BankGoldman Sachs
JPMorgan ChaseStandard Chartered BankState Bank of India
Wells Fargo BankUBSU.S. Bank
KeyBankEuroclearDeutsche Bank
Bank of Ireland Securities ServicesNorthern TrustState Street Bank and Trust Company
Banco de Oro Unibank  

Custodian Banks in India

Are you searching for the names of the Custodian Banks in India? Well, your search ends here as you will get here a complete list of the Custodian Banks in India along with the addresses of the same.

Name of the banksAddressPhone number
Axis Bank LimitedSolaris �C� Wing, 9th Floor, Saki Vihar Road, Opp. L & T Gate No. 6, Powai, Mumbai � 400072.022-40754264/83
BNP Paribas62, Homji Street, Fort, Mumbai � 400 001022-66501300
Citibank N. ACitibank, N.A., Securities & Fund Services Trend House, 3rd Floor, �G� Block, Plot No. 60, Bandra Kurla Complex, Bandra (East), Mumbai � 400051022-40296300
Edelweiss Custodial Services Limited14th Floor, Express Towers, Nariman Point, Mumbai-400021022-22864400
JPMorgan Chase Bank, N.A.6th Floor, Paradigm Towers, Wing B, Mindspace, Malad, Mumbai - 400 064.022- 66506000

You can also find out the name of the custodian banks in London, Manchester City in the internet.

Types of Banks
Advising Bank
Central Banks
Commercial Bank
Custodian Banks
Investment Banks
Islamic Banks
Public Banks
Retail Banks