Global Custody and Nominee Services

Meeting your global custody needs

The safety of your assets is always of paramount importance to us. Our award-winning team fully understands the global custody business, offering a comprehensive range of services tailored to meet your specific requirements.

We provide secure and reliable global custody facilities for both UK and international securities. For those individuals who trade in multiple jurisdictions around the world, we have well-established relationships with recognised overseas depots.

Whether under our direct control or placed with a sub-custodian, your assets are in safe hands. Our Clearstream custody account in Luxembourg, for instance, is used for the majority of international securities, including eurobonds and European equities.

And, of course, we always adhere strictly to the stringent rules and guidelines of the Isle of Man Financial Services Authority and the London Stock Exchange.

Advantages of using a nominee account

For efficient management of your assets, our nominee service reduces the administration associated with investing and share trading. This eliminates the need for you to receive laborious paperwork and company correspondence.

Should you choose to use our nominee service, your investments are registered and safeguarded in the nominee company, Rene Nominees (IOM) Limited.

This a separate non-trading company with insurance backing to ensure that your individual assets are safeguarded at all times. It is independently audited as well as being obliged to report regularly to the Isle of Man Financial Services Authority to demonstrate compliance and complete reconciliation of the holdings registered to it. Although the investments are registered to our nominee company, the beneficial ownership remains yours.

When are my dividends paid out?

Dividends are collected on your behalf and credited to your separate income account held with us. These can be paid out at any frequency you require or reinvested when requested.

Most clients investing for income purposes elect to receive an automated monthly payment direct to their bank account.

At the end of the financial year, we will provide you with a complete consolidated tax voucher. This details all dividend payments together with any interest you may have earned on your cash deposits held with us. This can easily be transposed on to your annual tax return or passed on to your accountant or tax adviser.

Taking away the hassles of corporate actions

If you were previously accustomed to dealing with certificated shareholdings, you will be used to receiving large bundles of paperwork direct from the companies in which you invest.

From time to time, certain corporate actions require you to make a decision – ranging from takeovers, rights issues, consolidations, dividend options and more.

Failure to respond to this paperwork will often result in a pre-determined course of action that may not have been the most beneficial outcome for you.

Of course, when you elect to register your holdings in the nominee account, we receive all company notifications on your behalf.

We will then contact you to explain the options available and advise accordingly where appropriate. Once a decision as to the most appropriate course of action has been made, we will then do the rest of the administration work on your behalf.

A fast and efficient settlement process

As the nominee service eliminates the need for certificates and transfer forms, electronic delivery can take place much more quickly. Standard settlement is T+2 (two working days) which is when clients receive cleared funds direct into their bank accounts.

If you would like to find out more about how we might be able to help you, please call +44 (0)1624 673 171 or fill in this simple contact form and an advisor will be in touch as soon as possible.


Specialists in trust and probate

Our investment management services extend to portfolios held under trust. We liaise closely with solicitors and accountants with regard to establishing and running a trust fund or charity, as well as the ongoing tax reporting.

We understand the need to work within the administrative framework and requirements of trustees. We are also familiar with the workings of trustee meetings and are pleased to attend as required.

In matters of probate, Ramsey Crookall offers an efficient and comprehensive service, advising when required. In addition, we can:

  • Arrange disposal of shares
  • Assist in the dealing and apportionment of the estate
  • Verify each of the holdings on your behalf with the appropriate registrar
  • Obtain letters of indemnity for any missing share certificates
  • Draw up the necessary transfer forms for sale or transfer
  • Arrange for re-issue of outstanding dividends
  • Supply all documentation


Treasury and foreign exchange management

At Ramsey Crookall, clients may hold cash as part of their investment portfolios for strategic reasons, pending investment or following a sale or dividend.

It may also be important to separate cash into either an income or capital account. Interest is paid on the balances held and account holders receive statements plus a consolidated tax voucher at the end of each tax year.

Thanks to the experience of our treasury team, we offer a personalised and flexible solution to your cash investments. We will typically place your cash on deposit in a pooled client account with a major clearing bank.

Senior members of our treasury team have over 50 years’ experience in the industry and their relationships, coupled with our ‘buying power’, allow us to negotiate competitive prices for our accounts. For our clients, this equates to superior rates of interest and highly competitive foreign exchange rates for currency transactions.

Clients wishing to access their cash accounts are not subject to any penalties and can contact us at any time to draw from their funds. Please call us on +44 (0)1624 673 171 to discuss interest rates and FX rates. Our current ‘on call’ interest rates as of June 2018 are:

GBP sterling

Balances up to 100,000 – nil
Balances over 100,000 – 0.15%

US dollars

Balances up to 100,000 – nil
Balances over 100,000 – 0.15%


0.00 to 999,999 – -0.4%


Valuations can be provided on a regular or an ad hoc basis and back-dated valuations can be produced upon request. These can be received either by phone, email or post.

Clients who have registered for our Discretionary or Advisory Services receive a free hard copy valuation of their holdings every 6 months, and also have access to our Online Client area where holdings can be tracked in real time over the internet.

We can maintain a record of a client’s transactions made through our Dealing Service and/or other advised changes to an investment portfolio and provide valuations as required.

We can also provide a range of written statements and reports, including information required for annual tax returns.

Online Valuations

To view your portfolio online simply log in to the client area using the login facility at the top of the page. If you have forgotten your username, password or require assistance please email here or call us on +44 (0)1624 662088.

Being able to track your portfolio and stay up-to-date with your investments is very important to us.