Special Pledge -Description
WE SIMPLIFY THE PROCESS OF CONSTITUTION OF GUARANTEES WITH SPECIAL PLEDGE
The amendment of Law 18,876 made it possible to simplify the establishment of guarantees on securities deposited in custody companies incorporated under this Law. A new type of pledge is then created, called Special Pledge on securities on deposit registered in the account entry system. This pledge complies with international standards and incorporates key elements such as the automation of the establishment, lifting and execution processes, with clear benefits in terms of time and cost reduction.
The service is developed so that depositors or constituents, the latter through their depositors, can establish guarantees with any security on deposit in DCV, national or foreign.
For all legal purposes, the special pledge is considered established from the moment it is registered in DCV system.
SPECIAL PLEDGE BENEFITS
For more information, check the following documents:
Contact us to sign up