WebRelated to Bond/PC Custodian. Repo Custodian shall have the meaning set forth in the preamble of this Agreement.. DTC Custodian means the custodian of the DTC Notes on behalf of DTC, which initially shall be the Global Agent.. Sub-Custodian means and include (i) any branch of a “U.S. bank,” as that term is defined in Rule 17f-5 under the 1940 Act, … WebA bank custodian has physical possession of its clients' financial assets. These could include cash, stock certificates, bonds, and other financial instruments. A bank custodian is responsible for safeguarding these types of assets. The assets are usually held at one of the custodian's premises, a sub-custodian facility, or an outside depository.

Custodial Definition & Meaning - Merriam-Webster

Webbond. A bond refers to an obligation to pay a specified amount of money. In the field of business, a bond functions similar to a loan and is sold by entities seeking an inflow of … WebActivity Code 2- Custodial Bonds. Custodian of Bonded Merchandise: This type of customs bond is required for operations which carry or hold merchandise not yet entered into the … dkny white tote bag

Avalon Transportation Bonds

WebMay 31, 2024 · Custodial fees are payments to the person or entity that manages your investments, called "custodians." When you invest in stocks, bonds, and mutual funds, … Webregulation (19 CFR Part 18). The cargo must be covered by a custodial bond while being transported. The bond protects the interest of CBP and other agencies in the cargo by obligating the carrier to pay a penalty or liquidated damage assessment for noncompliance with the regulations governing the movement of in-bond merchandise. WebSep 29, 2024 · A custodian typically handles a variety of activities, including physically holding equities and bonds, settling purchases and sales, reporting the status of assets, tax compliance and reporting, and management of the client's accounts and transactions. crazy aaron white christmas putty