Global Securities Business Department ("GSBD") provides innovative custody, clearing and settlement, collateral management, BOJ cash clearing in regard to securities clearing and settlement, issuing and paying agent services to foreign investors both inside and outside of Japan.
SMBC also provides a wide range of services related to Securities Services.
GSBD provides a wide range of custody services based on a highly advanced system. Not satisfied with the success we have achieved over the last 50 years, we have continuously made additional investments into our resourses to provide top quality services to meet our client's needs.
As one of the leading industry players, SMBC's custody services have achieved the "Global Outperformer" and "Category Outperformer" status in the Agent Banks in Major Markets Survey conducted in the year 2014 by the Global Custodian Magazine.
GSBD annually receives an independent SAS 70 (ISAE3402 / SSAE16) audit.
GSBD provides Clearing and Settlement Services to process large volume of transactions.
GSBD provides collateral management services through the dematerialized environment. These include:
GSBD offers the BOJ ("Bank of JAPAN") Current Account Settlement structure. With this structure, customers will be able to execute JPY cash payments on an RTGS basis through the BOJ-Net without opening it's own BOJ current account.
GSBD offers exceptional services to Samurai bond issuers because of our abundant experience and know-how cultivated in the domestic corporate bond market.
SMBC has over ninety years of experience in providing agency service in the domestic corporate bond market and entered the Samurai bond market more than thirty years ago, the outset of the market, taking advantage of its experience cultivated in the domestic corporate bond market.
As a result, SMBC has consistently won Samurai bond mandates by matching issuer needs under severe competition.
Sumitomo Mitsui Banking Corporation (SMBC) is committed to providing speedy and accurate Japanese Yen clearing services, making us one of the most competitive banks in the industry. SMBC actively participates in industry organizations such as SWIFT, CLS Bank and is a direct member of local networks (BOJ Net, Foreign Exchange Yen Clearing System (FXYCS), Zengin System, etc.). Combining professional expertise and vast experience, we serve over 2,500 correspondent banks. Of these banks, approximately 1,000 have Yen accounts with SMBC.