Bison Bank’s paying agent services secure expedite payments to and from security investors on behalf of issuers, on a wide range of financial instruments.
Our services increase the safety and efficiency of payments, expediting processes to maximize the issuer’s convenience, structuring and processing of all required documentation while providing the safe custody of securities.
By undertaking tasks that are noncore to its customers’ activities, but do require accuracy and risk minimization, Bison Bank provides:
- Control of events such as covenant breaches and calculation of the issuances’ underlying payments;
- Coordination with the issuer over regulatory documentation to be submitted to Regulators”
- Control and event execution with CSDs (central securities depository);
- Execution of financial and physical settlements including primary’s and partial reimbursements;
- Centralized execution of complex payments and fulfills the guarantor’s role of financial execution with CSDs;