What is a sub-custodian?
A sub-custodian is an institution that provides custody services, with respect to securities traded in a particular market or jurisdiction, on behalf of another custodian who may not have an operation/office in that jurisdiction. ASB Securities has engaged BNY Mellon as the global custodian for non-Australasian investments.
You can find our rates and fees at https://www.asbsecurities.co.nz/section253.asp
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