Custody transfer is the transfer of custody between two custody accounts opened by same investor, or transfer bond on hand from one custody account to another under the same investor.
The domestic custodian shall open settlement account for overseas use of foreign exchange insurance funds and securities custody account at the overseas escrow agent for fund settlement and securities custody with overseas securities registration and settlement institutions.
Article 34 a QDII shall open a custody account at the custodian for the custody of all the assets of a fund or pool plan.
