How to open a depo account in Sberbank. Opening a depo account

Sberbank offers a wide range of custody services, including:

• opening of all types of custody accounts required for accounting and transfer of rights on Russian and foreign securities;
• storage and accounting of ownership rights to securities, including storage and accounting of documentary/non-equity securities;
• carrying out depositary operations on transactions with securities, including using correspondent depo accounts of Sberbank of Russia in the international settlement and clearing centers of Clearstream Banking and Euroclear Bank;
• encumbrance of obligations of securities: registration and accounting of collateral transactions;
• carrying out corporate actions of issuers: consolidation, conversion, splitting, participation in meetings of shareholders by proxy;
• payment of income on securities, redemption of securities and securities coupons.

The depositary of Sberbank PJSC acts as a custodian bank for the international depository banks The Bank of New York Mellon, J.P. Morgan and Citigroup for the storage and accounting of the underlying asset for the issuance and redemption of depositary receipts (ADR/GDR).

As of 01/01/2019, the Depository of Sberbank maintains 50 programs for the shares of 29 Russian companies issuing the underlying asset, including: Sberbank, PJSC Magnit, PJSC MTS, PJSC NK Rosneft ”, PJSC MegaFon, PJSC Tatneft named after V.D. Shashin, PJSC Surgutneftegaz, PJSC Gazprom Neft, PJSC Rostelecom, PJSC MMK, PJSC NCSP, PJSC AFK Sistema, PJSC LUKOIL, etc.

Advantages

Sberbank Depository is one of the largest bank depositories in Russia and offers its clients (residents or non-residents of the Russian Federation) a full range of depositary services with securities of Russian and foreign issuers in all regions of the Russian Federation. Depository activities have been carried out by PJSC Sberbank since 1997.

PJSC Sberbank has a wide branch network in Russia and services more than 1.7 million depo accounts.

Clients of the Sberbank Depository can submit depository orders and receive reports on the execution of transactions at more than 40 depository service points throughout Russia. To exchange information with customers, the Bank uses various types of remote services, including Sberbank Online and SWIFT systems.

Depositary accounting is carried out in the centralized automated information system "Depository" (developed by PJSC Sberbank), which meets the requirements for maintaining depository accounting set by the regulatory documents of the Russian Federation, and also has a high degree of security and fault tolerance.

The information security measures applied to the system correspond to the highest category and ensure the safety and confidentiality of the stored information. Its high efficiency has been repeatedly proven, in particular, during the “popular” IPOs of Rosneft Oil Company and Sberbank PJSC.

Assessment of the Depositary of Sberbank of Russia by clients

Over the past few years, the Sberbank Depository has been participating in the annual study of the level and quality of services conducted by the international specialized magazine Global Custodian. Due to the high ratings received from our clients in terms of the level of service, reliability and technological effectiveness of services, the Sberbank Depository consistently confirms its leading position relative to competitors in the Russian market, and is also recognized as one of the best depositories in emerging markets in the world. The depositary of Sberbank consistently demonstrates high ratings in all categories of services for which the study is conducted and has been awarded the highest research awards:.

2018	2017	2016	2015	2014

You will need

• For all clients:
• - depository agreement;
• - questionnaire of the depositor;
• For individuals:
• - the passport;
• - certificate of assignment of TIN.
• For individual entrepreneurs:
• - the passport;
• - certificate of state registration;
• - certificate of assignment of TIN;
• - certificate from Rosstat;
• - extract from USRIP;
• - a card with samples of signatures and seal imprints.
• For legal entities:
• - certificate from Rosstat;
• - decisions on the establishment of the enterprise and the appointment of the first persons;
• - extract from the Unified State Register of Legal Entities;
• - copies of passports of persons indicated in the card;

Instruction

First of all, decide on a depository to record ownership of securities. Examine the offers of different banks: a list of services provided within the framework of custody services, tariffs for their provision. Choose the most favorable conditions for you. Pay attention to the fact that credit institutions have a license of a professional participant in the securities market for implementation.

Then request from the bank or download from its official website the forms of documents on the basis of which depositary accounting is maintained and a depo account is opened:
- Application for opening a depo account;
- depository agreement;
- questionnaire;
- power of attorney for the account manager.
Fill out the forms and sign them from your side.

If you want to open a depo account for an individual, please contact the depository with a passport or other identification document, a certificate of registration as a taxpayer (TIN) and signed documents in the form of a bank.

When opening an account, an individual entrepreneur, in addition to a passport, will need notarized copies of a certificate of state registration, registration with the tax authorities, a letter from Rosstat on the assignment of statistical accounting codes. In addition, submit to the bank a card with samples of signatures and a seal and an extract from the Unified State Register of Individual Entrepreneurs, valid for 1 month from the date of issue, certified by a notary.

To open a depo account for a legal entity, certify the following documents with a notary:
- charter, memorandum of association with all changes and additions;
- certificate of state registration (OGRN);
- certificates of amendments to the constituent documents;
- certificate of registration with the tax authority (TIN);
- a certificate from Rosstat on the assignment of codes of all-Russian classifiers;
- a card with samples and signatures of the seal;
- powers of attorney for account management.

Obtain an extract from the Unified State Register of Legal Entities from the tax authority. Prepare and certify with the signature of the head and the seal of the organization copies of decisions on the establishment of the enterprise, the appointment of a director and chief accountant, as well as passports of persons who have been granted the right to manage an account and conduct depository operations.

Submit the prepared documents and forms for concluding an agreement on custody services and opening an account to the bank. After checking the completeness and signing the agreements on the part of the depository, a depo account will be opened for you. Do not forget to notify the tax office, the Pension Fund and the Social Insurance Fund within 7 days.

Interdepository depo account- one of the types of accounts that is opened in one depository for another depository. On the inter-depository depo account, the first one records the assets (securities) owned by the clients of the second depository.

An interdepository depo account is an account, the right to open which is held by national depository centers (NDCs). A mandatory requirement when opening such an account is that NDC has legal grounds to perform the functions of a depository.

Essence of an interdepository depo account

In the process of opening such a depo account, the main depository takes over the responsibility of the second party to the transaction (depositor). The task of the depository is to ensure the safety of share certificates and other securities that were provided to the depositor to persons upon conclusion of the following (one or group) types of agreements:

Depo accounts of securities holders;
- asset manager's depo account;
- interdepository depo account.

Also, the depository may keep records of information about the securities of owners who are clients of the depositor and have open depo accounts, which imply the storage of certificates and accounting for the totality of rights.

Investing in the stock market for most of us is a little-studied and unattractive business. But recently, I began to feel a slight excitement in the depths of my soul, hearing the words: “stocks”, “bonds”, “MICEX index”. And I realized: it's time! It's time for me to become a real investor and co-owner of the riches of the Russian land.
But seriously, I want to offer my readers a story about how a simple Russian woman entered the stock market (again, I was drawn to a humorous tone).
I share the information that I managed to collect.
In order to be able to trade on the stock exchange, first of all I need a Depo account. The generally accepted procedure for working with securities is that accounting of information about the owners of securities and transactions with them, storage of securities certificates, certification of rights to them is carried out by specialized organizations - Depositories by opening and maintaining a Depositor's account. This is the Depo account.
Let me explain easier. When a security was paper, it was clear who its owner was: whoever had the paper was the owner. But over time, the securities became uncertificated [i]. There was a need for an independent organization to keep records of the ownership of securities. This is how Registrars and Depositaries appeared. In fact, a depository is similar to a bank, only on its accounts it reflects not the movement of funds, but the movement of securities.
If interest has arisen in only one type of shares, then they can be purchased without a Depo account by opening an account with the Registrar. The register of shareholders is obligatorily kept by the issuer himself (or entrusts it to the registrar). In this case, a personal account is opened for the shareholder directly in the register with the status of "owner". If these shares need to be sold, the owner himself looks for a buyer, concludes a contract of sale with him, i.e. gets a lot of trouble. For trading on the stock exchange, this form is not acceptable.
If the shares are kept in a depository, then a personal account in the register is opened for a depository with the status of "nominal holder", and the owner's rights are recorded on the Depo account.
The advantage of holding shares with the Registrar is the low cost: only the purchase and sale of securities is subject to commission. Maintaining a Depo account will cost more: more expensive commissions for buying and selling are usually accompanied by a commission for holding securities. Some Custodians charge a fee for opening and maintaining an account. Let's call it a payment for mobility: the purchase and sale of securities through the Depository is carried out within one or two business days.
I chose Bank Petrocommerce as the Depositary. I am sure that if you search, you can find Depositaries cheaper, but for me there is already too much new in this business, it is still difficult to choose. I decided that I would start on the principle of serviceability and proximity, and then we'll see.
I haven't really figured out the Tariffs yet. I understood one thing: they open a Depo account for free. To open an account, they only demanded a passport from me and took a copy of it. I have signed the following documents:

• Deposit agreement in 2 copies;
• Instruction for the execution of an administrative depository operation (it was written in it that I instructed to open a depo account) in 1 copy;
• Questionnaire of a depositor - an individual in 1 copy;
• Instruction on the appointment of the Bank as the operator of the Depo account in 1 copy. (something like a power of attorney to the Bank for the execution of depositary operations).

The account will be opened after the documents are signed by an authorized representative of the Bank. For review, they gave me the Client Regulations - a document on 138 pages. I will study.
The first step has been taken. I would be very grateful if one of my more advanced readers in this matter would give advice.