International Links

Links with Central Depositories

With the aim of facilitating the cross-border mobility of securities registered with IBERCLEAR to other systems of registration and settlement, and to enable in the IBERCLEAR registry the book-entry of foreign securities, links or connections have been established for the transfer of securities with other depositories in Europe and Latin America.

Existing Agreements with Central Securities Depositories

The features of these Agreements are as follows:

• Customized access connection: enriched link (allows for delivery of securities versus payment).
• Implementation of links between CSDs in central bank money.
• Use of local infrastructures.
• Absorption of differences between market standards.
• T2S calendar and timetables.