Payment and Collection Service for Online Subscription and Offline Placement of New Share
Introduction of Functions
It refers to services that while new share being issued at domestic stock market, IB, as the designated collection and payment bank of online subscription and offline electronic placement for institutional clients, provides collection, verification and transfer of the capital for new share subscription according to the needs of institutional clients such as trust companies and financial companies.
As one of the first designated banks for settling securities capital of Shanghai Stock Exchange and Shenzhen Stock Exchange, capital verification banks of new share subscription, capital verification banks of offline electronic placement and host escrow banks for transaction settlement, IB has extensive experience in the capital settlement of new share online subscription and offline placement.
IB assigns commissioned personnel to be responsible for the capital transfer of new share online subscription and offline placement, and provides institutional clients such as trust companies and financial companies with professional settlement services in which business staff of headquarters and branches are entirely responsible for capital transfer and settlement. The transfer of new share subscription capital can be handled at IB Internet banking, ensuring safety and timeliness.TOP