• Sovereign funds
• Investment funds
• Holding companies
• Pension funds
• Brokerage firms
• Commercial and investment banks
How can institutions apply for this service?
By contacting the dedicated team at Muscat Clearing and Depository via email at csd@mcd.om
How can institutions apply for this service?
By contacting the dedicated team at Muscat Clearing and Depository via email at csd@mcd.om
How is the service agreement established?
After an initial agreement with the client, a formal contract is signed specifying the type of sub-account and its management mechanism, as follows:
Account Type: (e.g., securities account, fund account, or pledge service).
Management Mechanism: Either self-managed by the client or managed by MCD on the client’s behalf.
Does MCD provide training or workshops to help clients use their Euroclear sub-account?
Yes. MCD’s team provides training and support to help clients utilize the sub-account for settlement, reporting, and other services available through Euroclear.
How is the Euroclear sub-account activated?
After approval from Euroclear Bank, the sub-account is activated, and the client is notified of the account details and access credentials.
