Details for posting cash funds in Default Funds
The Default Fund is collective clearing collateral, formed by the Clearing House from the contributions of Clearing Members to secure fulfillment of obligations under Partially Secured Trades.
| Beneficiary bank: | Operation Department of the Bank of Russia, Moscow |
|---|---|
| Russian BIC: | 044501002 |
| Correspondent account number: | 00000000000000000000 |
| Beneficiary: | CENTRAL COUNTERPARTY NATIONAL CLEARING CENTRE |
| Beneficiary account number | 30415810000000000001 |
| Tax reference number: | 7750004023 |
| Purpose of payment: | Posting funds to the Default Fund FRFRКХХХХХ. VAT free |
where ХХХХХ - Settlement Account of the Clearing Member, designed for recording contributions to Default Funds
The NCC does not place funds of collective clearing collateral in deposits.