Overview
The Industrial Investment Fund Custody is a service where ABC performs as custodian to safeguard assets kept in its custody, protect legitimate rights and interests of the investors, and provide industrial investment funds with services such as account opening, funds settlement, accounting, investment oversight and preparation of custody reports under the custody agreement made between ABC and the industrial investment fund management company and pursuant to relevant laws and regulations.
ABC provides the following detailed custody services:
1. ABC opens a fund custody account for the industrial investment fund customer.
2. ABC performs its duties as custodian to safeguard assets kept in its custody and to protect legitimate rights and interests of the investors.
3. ABC goes through settlement and review processes under the fund manager's funds transfer instructions pursuant to the custody agreement and retains relevant data for at least 15 years.
4. ABC oversees the use of the industrial investment funds pursuant to the custody agreement and reviews the genuineness, legality and completeness of any instructions before executing the instructions. ABC will refuse to execute the instructions and immediately notify the trustor if the manager's instructions are found in violation of the law or the contract.
Features
The custody departments of ABC maintain a team with adequate expertise in fund custody and have instituted a sound technical safety system as well as a quick processing system for funds settlement, accounting and transaction oversight, thereby ensuring high safety and efficiency. With regard to hardware facilities, the encrypted high-speed one-way satellite broadcast reception system is used to receive real-time data from stock exchanges in Shanghai and Shenzhen, thereby ensuring timeliness and security of the settlement. Additionally, the dual-server mode provides uninterrupted functioning of the system.
Procedures
1. The industrial investment fund management corporation enters into a custody agreement with ABC.
2. Investors sign the partnership agreement during the fund offering.
3. Proceeds of the offering are transferred into the custody account of the corporation.
4. ABC performs such duties as funds custody, funds settlement, review, investment oversight, and preparation of custody reports during the term of fund investment pursuant to the custody agreement.
Application Channels
The custody departments of ABC as authorized by the Head Office.
Tips
By providing Industrial Investment Fund Custody services, ABC does not make any guarantee or commitment on the principal or returns to the investors.Customer Service Center : 95599
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