SEB is a leading partnership bank in Northern Europe thanks to our strength in custody and other bank-related transaction services. We have bridged the differences in how our home markets operate and turned similarities into strengths for our clients.
SEB recognises that transaction banking is a business based on people and trust. We have over 100 years of experience in providing custody services for clients. This, combined with our recognised foreign exchange capabilities and strong commitment to this industry, makes us a perfect partner.
Products and services
Cash Clearing services
Cash Clearing services are offered in the Nordics and the Baltics within the areas of payments, liquidity and reporting to banks. Furthermore, our clients can benefit from our Nordic infrastructure in order to access local clearing and direct debits through our white label services.
Read more about cash clearing
White Label Services
White Label Services are a cost effective way to gain access to local payment infrastructure in the Nordic countries – we allow clients to rent a piece of our infrastructure and history. The clients use their own brand, is in full control of their own clients where SEB acts as an invisible service provider in the Nordic markets.
CLS Nostro Agent
SEB is the CLS Nostro Agent for a large number of settlement members in the Scandinavian countries. We are member of the Scandinavian Cash Pool, which facilitates collateral use across the Scandinavian markets with centralized CLS team in Europe and coverage in Asia so we have round the clock processing. Selected third-party services are also available.
Within Sub Custody, SEB provides post trade services in the Nordic and Baltic markets to primarily foreign banks, incl. universal banks, global custodians, and broker dealers that do not have their own custody business in market. The offering includes safekeeping of assets, settlement with an auto-borrow service, income collection, tax administration, corporate actions, and issuing & paying agent services.
Read more about sub custody