To: All Clearing Members of Indian Clearing Corporation Ltd (ICCL),
Clearing Members are hereby requested to note that, with effect from July 02, 2018, collateral management charges will be levied for all the segments of ICCL. Details of the charges are as follows:
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Particulars
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Charges
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Fixed service charges
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* Rs. 200/- (Rs. Two Hundred only) per active member per month.
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Same day withdrawal of cash deposited by members towards collateral requirements with ICCL.
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# 0.01% of the amount withdrawn by the member or Rs.5,000/- (Rs. Five Thousand only) whichever is less.
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* The above mentioned collateral management charges of Rs.200/- per month will be collected from all the active clearing members of ICCL for their membership in all segments put together. (i.e. a member having membership in more than one segment would not be required to pay any additional charges for each segment separately. Such member would be required to pay Rs. 200/- per month for all segments).
# Charges for the same day withdrawal of cash collateral will be levied for each segment separately.
The aforesaid collateral management charges will be collected by ICCL from members on monthly basis.
For any clarifications, members may contact their respective Relationship Managers or on any of the following Contact Nos. :
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Sr. No
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Query Type
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Co-ordinates
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1
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ICCL Collateral Management
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022 22728467
022 22728185
022 22728785
022 22728567
022 22728843
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For and on behalf of the Indian Clearing Corporation Ltd
Hitesh Shah
Asst. General Manager
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