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Custodian bank

The financial definition for Custodian bank:

Applies mainly to international equities. Bank or other financial institution that keeps custody of stock certificates and other assets of a mutual fund, individual, or corporate client. See: Depository Trust Company (DTC)




Similar Matches

Mutual fund custodian

Mutual fund custodian
A commercial bank or trust company that holds securities owned by a mutual fund and sometimes acts as transfer agent for the mutual fund.




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