Introducing New US custody arrangements - BMO Harris Bank

Report date

Circular No.

LCH Circular No 3936


15th March 2018

To: All LCH Ltd Members

Dear Member,

At LCH, we are constantly looking to expand our collateral services so that we can provide members with new opportunities to 1) provide a broader range of collateral, 2) provide collateral in new settlement locations and; 3) provide collateral via different methods.

That’s why we are pleased to announce that members can now provide U.S. eligible securities collateral to our new custody account at BMO Harris Bank.

From Monday 19th March, BMO Harris will be available in addition to current arrangements.

Member will notice that the new account SSIs for LCH’s accounts with BMO Harris will be displayed in CMS and on the website from this date.

Only US Owners will be able to use the new arrangements.

Any questions on the above should be directed to:

Kind regards,

Collateral Services