23 Securities Transfer Across Locations

Depending on customer specification you may need to withdraw a specified quantity of securities, from one particular safe keeping location and lodge them in another location. To transfer securities from one SK location to another you need to specify certain essential details. They can include details such as the quantity of securities to be transferred, the date on which the settlement is to take place, the codes assigned to the SK locations involved in the transfer and SK account numbers. In addition to transferring securities from one SK location to another, you can also transfer securities from one account to another, within the same SK location.

This topic has the following sub-topics:

• Transfer Securities Across Locations
  This topic describes the systematic instruction to transfer securities across locations.
• Specify the SK locations and accounts
  This topic describes how to specify the SK location and accounts.