3. FEES: For the delivery and/or transfer of Foreign Securities



Similar documents
Santiago Stock Exchange (SSE) Chilean Capital Market 2014

EXAMPLE LETTER OF CREDIT Updated September 18, 2014

Deutsche Bank Global Transaction Banking. Securities Services. Overview

New Fee Structure. July/2011

Tanner Investor Information 1Q 2014

THE GUIDE OF ONLINE MONEY TRANSFER

No additional processing fees will be incurred in opening the foreign trading account.

FRIEDLAND CAPITAL INC. GUIDE TO AMERICAN DEPOSITARY RECEIPTS

BDR. Unsponsored Level I. International investment made as easy as trading in Brazil

Making Adjustment and Returning Funds to ASAP October 2013

BULK CUSTOMER ACCOUNT TRANSFER INITIATIVE PHASE 1 - STANDARDIZED NAME & ADDRESS FILE

In a two-for-one stock split, shareholders receive one additional share of stock for every one share they own.

Custody Services - Advantages and Disadvantages

An Introductory Startup Guide for NRB

Customer Account Information

Evaluation of the Securities Settlement System

db x-trackers S&P 500 UCITS ETF (DR) Supplement to the Prospectus

MAIN CHARACTERISTICS OF PILOT PROGRAMME SECURITIES

VII International Seminar San Pablo, Brasil November 8th-10th, 2006 The Securities Registrar System and the Investors Rights The Argentine Model

International Investing get the facts

UNDERSTANDING INVESTMENT BASICS

An Update from: Americas Central Securities Depositories Association (ACSDA) Payments Week November 17, 2009 in Punta del Este, Uruguay

INSTRUCTIONS AS TO USE OF URANIUM RESOURCES, INC. SUBSCRIPTION RIGHTS AGREEMENT CONSULT THE INFORMATION AGENT, YOUR BANK OR BROKER AS TO ANY QUESTIONS

Central Securities Depository Regulation

CSD Member s Profile Organization Name: Country/ Region: Name of CEO: Capital (US$): Number of Officers and Employees: Ownership and Governance :

Air Products and Chemicals Inc. INVESTORS CHOICE. Dividend Reinvestment & Direct Stock Purchase and Sale Plan

DTC Tax Services Product Guide

Cash Letter Funds Settlement for Direct Presentment of Checks Between Collecting and Paying Banks

new incentives... We are motivated to maintain our reporting to be accurate, valid, reliable and relevant to the reader. Annual Report

27 August Dear Shareholder,

How To Pay Out Of Plan Money

UPDATING OF THE SETTLEMENT ACCOUNT FOR FREE OF PAYMENT INSTRUCTIONS WITH THE SWISS CSD SIX-SIS; TEST PLAN

IRA APPLICATION STEP 1. IRA Type. Traditional IRA. Roth IRA SEP-IRA. Complete, sign, and mail to the above address

What are Shares? What is a Stock Exchange? Why do Companies go Public? IPO explained.

How To Execute A Financial Instrument Of Landesbank Hessen-Th\U00Fcringen For Private Clients

How To Buy And Sell On The Stock Exchange

Table of Commissions and Fees for Enterprises

1. What are American Depositary Shares and American Depositary Receipts?

FEDERAL RESERVE SYSTEM [Docket R-1014] Federal Reserve Bank Services. Board of Governors of the Federal Reserve System.

Investors Choice. General American Investors Company, Inc. Direct Stock Purchase and Sale Plan. Investors Choice offers you the ability to:

New Fee Structure. Aug/2011

About US. Residential; Commercial (Retail & Offices); Industrial Storage; Properties Administrations.

Disclosure Statement For D.A. Davidson & Co. Cash Management Programs (effective as of July 1, 2014)

CHAPTER 11 NOMINEE SERVICES

Operational Guidelines for Account Conversion Investors Related to the Stock-for-stock Merger of China Merchants Property Development Co., Ltd.

LETTER OF TRANSMITTAL

NEW 0,2% TRANSACTION TAX (FTT) ON FRENCH BLUE CHIPS UPDATE

Account structure. OTC and onexchange. settlement flows. Settlement

Questions and Answers for Stockholders of Spectra Energy

Unclaimed Property Relating to Brokers and Dealers

3. Securities Services Local Securities (The following service fees are charged according to the transaction currency)

5. I already have a CDP account. How do I trade my shares using my Linc Energy Shares?

Dear Plan Participant:

PROCEDURES FOR ISSUANCE OF DEPOSITARY INTERESTS ( DI ) FOR ELECTRONIC SETTLEMENT IN CREST TO SUPPORT TRADING ON THE LONDON STOCK EXCHANGE

Appendix D Fundamentals of the

FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C Report of Foreign Issuer

Wendy s International, Inc.

CANADIAN PAYMENTS ASSOCIATION ASSOCIATION CANADIENNE DES PAIEMENTS

ASSET TRANSFER FORM. (Please see the SPECIAL INSTRUCTIONS DISCLOSURE on page 2 of this form.)

Global Market Trading on Hong Kong Stock Exchange

CERTIFICATE OF DEPOSIT DISCLOSURE STATEMENT April 2014

FREQUENTLY ASKED QUESTIONS

Board of Governors of the Federal Reserve System.

AIFMD means Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011 on Alternative Investment Fund Managers, as amended.

FAQs:Conversion from ADSs to Shares 15 May 2012

Federal Act. Intermediated securities. (Federal Intermediated Securities Act, FISA) Chapter 1: Purpose, Scope and Definitions

International Capital Markets Association. Operations Certificate Programme. Programme Syllabus

FIRST SECURITY TRADABLE IN DUAL CURRENCIES ON SINGAPORE EXCHANGE ( SGX )

Transfer of Assets Form For use for account transfers from non-us brokers and banks

CHESS. Clearing House Electronic Subregister System

FOUNDATION MODULE 1) FINANZANALYTIKER UND VERMÖGENSVERWALTER 2) FINANZ- UND ANLAGEEXPERTEN 3) EXPERTEN IN FINANZMARKTOPERATIONEN. Copyright 2014, AZEK

Foreign Individual Investors Investments In Mutual Funds. By -: Sanjiv Shah Benchmark Asset Management Company Pvt. Ltd.

Different Kind of Accounts

Settlement Monitoring

Transcription:

FOREIGN SECURITIES IN CHILE (VECH) TRADED VIA THE INTERNATIONAL SEGMENT OF THE SANTIAGO EXCHANGE PROCEDURES, COMMISSION SCHEDULE AND CUT OFFS/DEADLINES FOR INSTRUCTING RECEIPT/PURCHASE, DELIVERY/SALE OR TRANSFERS ABROAD FOR TRADES DONE VIA THE INTERNATIONAL SEGMENT OF THE SANTIAGO EXCHANGE Deutsche Bank New York (DBNY) is the custodian of DCV (Deposito Central de Valores) for all the foreign securities listed by Deutsche Securities Corredores de Bolsa Limitada (Deutsche Securities Chile) on the Santiago Exchange. The procedures to be followed for the settlement of the purchase, sale and/or transfer of VECH and the related movement of the underlying securities are as follows: 1. TABLE OF INSTRUCTIONS, CUT OFFS AND DCV FORMS: TRANSACTION TYPE CUT OFF TIME IN NEW YORK WILL INSTRUCTIONS BE RECEIVED AFTER THE CUT OFF TIME? SHOULD THE "FROI" FORM FROM DCV BE COMPLETED? (for Chilean DCV participants) SHOULD DCV DEPOSIT/DELIVER ORDER BE COMPLETED? (for Chilean DCV participants) SHOULD "DBNY VECH PREADVICE FORM" BE COMPLETED AND DELIVER? Receive/Foreign Securities Buy(RF) 18.00 Chilean time in SD-1 YES, BUT UNDER THE BEST EFFORT BASIS YES, SEE ANNEX I (DELIVER VIA FAX)* YES, SEE ANNEX II (DCV SYSTEM INPUT)* YES, SEE ANNEX III (DELIVER VIA E- MAIL)* Deliver/Foreign Securities Sale (DF) 18.00 Chilean time in SD-1 YES, BUT UNDER THE BEST EFFORT BASIS YES, SEE ANNEX I (DELIVER VIA FAX)* YES, SEE ANNEX II (DCV SYSTEM INPUT)* YES, SEE ANNEX III (DELIVER VIA E- MAIL)* * The details entered on the relevant forms should be consistent with the details of the transactions advised to the foreign brokers, and should include the beneficiary account number at the counterpart DTC (or other clearing depository) participant to help avoid issues on the settlement date. The receipt of VECH will be reflected in the account of the local Chilean intermediary with DCV once DBNY sends confirmation that the underlying securities have been received. The delivery of VECH will be reflected in the account of the local Chilean intermediary with DCV on SD+1 as DBNY will only be able to provide definite settlement confirmation at 6pm NY time that the delivery has been accepted by the receiving foreign broker.

The STANDING SETTLEMENT INSTRUCTIONS (SSI) for the delivery of the underlying securities by the foreign broker as a free delivery in favor of the DCV custody account with DBNY are as follows: Deutsche Bank AG, New York Branch Custodian Re: (VECH) c/o Depository Trust Company DTC #: 2024 ACCT: 153 02510 14 Attn: VECH Depositary Telephone: +1 212 250 3723 Fax: +1 212 797 0510 3. FEES: For the receipt and/or transfer of Foreign Securities For the delivery and/or transfer of Foreign Securities US$ 0.02 per unit* US$ 0.02 por unit* */ Minimum fee per transaction: Usd 20. (the fee will be calculated based on number of shares or units irrespective of the market value of the security 4. FEES PAYMENT METHOD The fees mentioned will be credited to DBNY on actual settlement date by way of SPO charge in Depository Trust Company ( DTC ), or via fedwire transfer in favor of Deutsche Bank AG New York The payment of fees for the Receipt or Delivery can be settled in the following ways: A) DB will execute an SPO Charge via the DTC system to the relevant foreign broker B) The broker executes a fedwire transfer in favor of the following account with Deutsche Bank AG in New York: Deutsche Bank AG, New York (DEUTUS33) ABA #: 026003780 Acct Nr. 100578980008 Acct Name: Custody Issue/Cancel Income

Ref: VECH fees Attn Floris Vreedenburgh IMPORTANT NOTE: Deutsche Bank New York reserves the right to hold back the settlement of transactions if the due fees have not been received in a timely, or pre arranged manner. It is recommended that all the local intermediaries in Chile that trade abroad the securities listed by Deutsche Securities Chile send a copy of their instructions via fax or e mail to DCV as well as Deutsche Bank AG NY to the below mentioned contacts. These instructions should also include the contact persons at the local intermediary in Chile, as well as the contacts at the foreign broker. In this way, all interested parties will be aware of the transactions and avoid any issues or delays in the settlement of the same. 5. CONTACTS: DB New York: (Foreign Custodian) SETTLEMENT TEAM IN THE FOREIGN MARKET: General Product s Inquiries: Floris Vreedenburgh Teféfono: +56 (2) 337 7817 o + 1 212 250 3723 (en NY) Fax.: +1 212 797 0510 (en NY) E mail: Floris j.vreedenburgh@db.com Settlement Team: Alex Hidalgo Javier Britos Lupe Valdiviezo Smalls Settlement Team Phone: +56 (2) 337 7818 o 1 904 520 5499 Settlement Team Fax : +1 201 477 6838 Settlement Team E mail : dss.us@db.com Depósito Central de Valores (DCV ) LOCAL DEPOSITARY IN CHILE General DCV E mail : intermac@dcv.cl Contacts: Mirna Fernández E mail: mfernandez@dcv.cl

Phone: 56 (2) 393 9236 Claudia Soto E mail: claudia.soto@dcv.cl Phone: 56 (2) 393 9366 Asta Meiszus E mail: ameiszus@dcv.cl Phone: 56 (2) 393 9307 Lorena Pérez E mail: lorena.perez@dcv.cl Phone: 56 (2) 393 9368 Bolsa de Comercio de Santiago (Santiago Stock Exchange) Juan Carlos Ponce E mail: jponce@bolsadesantiago.com Phone: 56 (2) 399 3000 56 (2) 399 3152 SALES & CLIENT MANAGEMENT CONTACT FOR INVESTORS Claudio Curtius Phone: +56 (2) 337 7815 E mail : claudio.curtius@db.com

DEUTSCHE SECURITIES CORREDORES DE BOLSA LIMITADA (DEUTSCHE SECURITIES CHILE) Jorge Pacheco Díaz E mail: jorge.pacheco@db.com Phone: + 56 (2) 337 7770