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Central Depository Systems (Pvt) Limited

Settlement Banks

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  2. Post Trade Settlement
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  4. Settlement Banks
Settlement Bank Phone Number
BANK OF CEYLON (Corporate Branch) 2203116/ 2203118
COMMERCIAL BANK (Foreign Branch) 2486028/2486090
HATTON NATIONAL BANK (Custody & Trustee Services) 2660682/ 2661505

All CDS Participants have to open a settlement bank account for the trade settlements with one of the CDS settlement banks.

The Participant should also obtain a confirmation letter from the settlement bank that a bank account has been opened for the CDS settlement. This confirmation letter should be submitted to the CDS along with a letter from the participant mentioning the Trade commencement date.

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