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 service is to offer IBERCLEAR participants a single point of access to both to settlement and custody services in foreign markets in partnership with a global custodian.

After migrating to T2S, IBERCLEAR's value offer aims to include all the T2S markets and, in this way, leverage 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 T2S, with the advantages of a centralized access via IBERCLEAR.

One of the advantages of this service lays in the use of the securities held in the accounts in IBERCLEAR, for auto-collateralization in T2S as well as for pledges in favour 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 foreign securities.