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Significant increase in the number of pledges registered after the agreement between DCV - ABIF

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Dear Participants

After the joint work between Depósito Central de Valores and the Association of Banks and Financial Institutions for the use of the Electronic Pledge Registry (REP) Service announced by the entities last July (we attach a copy), pledge registry instructions have experienced significant growth in number, increasing nearly 40%.

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An substantial number of Banks and their counterparties have decided to subscribe to the REP service and thus obtain significant savings in cost and time for the constitution of collateral over securities held in custody with DCV and subsequent electronic communication to DCV.

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We invite you to be part of this significant step forward and evident sign of the modernization that DCV has promoted for the securities market.

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If you wish to see detail flow information, please see the letter sent by the ABIF (Spanish Only)

Join the nearly 50 customers who have seen the benefits of operating with the Electronic Pledge Registry (REP) Service.

CONTACT US

In the event of requiring further information, please contact DCV Commercial area at the email This email address is being protected from spambots. You need JavaScript enabled to view it., or the telephone (+56) 223 939 345.

Sincerely yours,

Depósito Central de Valores; Depósito de Valores S.A.

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