International standard services provided by a Saudi-based custodian provide a unique resource for institutional investors, banks and companies - whether they are operating in the Kingdom, the wider Gulf region, or beyond. As custodian, Itqan assumes responsibility for the settlement, safekeeping, and reporting of customers' marketable securities. Services also extend to asset valuation, dividend collection, administration of secondary trading records, and advising on sub-custodians in other jurisdictions. Detailed periodic reporting provides consolidated, easy-to-understand data, tailored to meet client needs.
Overall, this service enables clients to reduce or eliminate administrative control procedures, while lowering the total costs entailed in this area of operation.
Our highly competitive fee structure is based on differing rates for each asset type and role, instead of a fixed rate or percentage of gross value.