Transferring Securities

Among the transactions available to you, is the transfer of securities within the framework of SEB banka, or else to a client of another bank.

SEB banka provides for DVP (Delivery Versus Payment) settlements.

A DVP settlement is the transfer of securities with payment settlement, which is the most secure way to conclude transactions between clients of different banks. The securities transfer and the corresponding monetary settlement take place simultaneously, thus excluding the risk of non-delivery of the securities or of non-payment of money. Both the buyer and seller of the securities have to instruct their bank as to the DVP settlement, other wise it will not be executed.