Links to other CSDs

(1) IBERCLEAR makes the legal conditions of the link arrangement available to its participants, allowing them to assess and manage the risks involved.

To do so, the participant needs to request this information to the email address

entidadesiberclear@grupobme.es

Cross Border Services

The aim of the Cross Border Services project is to offer IBERCLEAR participants a single point of access both to settlement and custody services in foreign markets in partnership with a global custodian.

After migration to T2S, IBERCLEAR's value offer must include all of the T2S markets and, in this way, leverage the the use of the accounts open by the participants in IBERCLEAR, not only for domestic securities but also for those coming from other markets in this environment, with the advantages that imply a centralised access via IBERCLEAR.

One of the advantages which this service implies lays in the use of the securities in the accounts in IBERCLEAR, available for auto-collateralization in T2S as well as for pledges in front of the Bank of Spain, a CCP or any other entity with which the participant may engage in any similar collateralization agreement, something to be rolled out only in the securities accounts within a Central Securities Depository like IBERCLEAR, which are now suitable for domestic and also for foerign securities.