What is a custodial service?
A custodial service is when an entity or individual holds a client’s property or money on their behalf. The custodian is responsible for the safety of the financial products. If you are a custodial client, you are still the beneficial owner of the financial products but are held on your behalf by the custodian.
At ASB Securities, the registered owner of the financial products can be ASB Nominees Limited, ASB Securities or the nominated offshore custodian who holds them in custody on your behalf. You are always listed as the beneficial owner.
Find out more information on our nominee or custodial service.
You can find out the custodial charges on the ASB Securities rates and fees page. Find out more information on ...
Why did I get sent to the ASB Securities home page when I tried to visit the Online Share Trading log in page?We have recently made some changes to the way you log in to Online Share Trading as part of some ...