DLT asset account information

The CSD Prague allows the owner of securities to open and maintain an asset account via an internet and mobile application.

The contract for opening and maintaining the asset account is concluded electronically, without the need to visit a branch of the CSD Prague. The authentication and AML process is based on the use of the BankID service.

Only one type of asset account can be opened in the DLT Register, namely the owner’s account. An owner account means that the account holder is also the owner of the securities held in the account and can thus exercise shareholder or other rights associated with the security.

The main functions of the asset account include the maintenance of securities, the possibility of crediting this account in the context of a primary subscription of securities or an increase in the issue. The owner has the possibility to make transfers of securities by agreement with the counterparty and these transfers may be without or with simultaneous transfers of cash.

The web or mobile application then informs the account holder of the balance in the asset account, changes, fees for maintaining the asset account or transactions made and sends notifications of any changes to the asset accounts to the mobile phone.

The web and mobile apps are available 24/7.

Procedure for opening an asset account in the DLT Register

Natural person

  1. Verification of account holder via bank identity (accessed via My Depository)
  2. Payment of the fee for verification of the account holder through the payment gateway (180 CZK including VAT)
  3. Opening an asset account in the DLT register
  4. Login to your account using your bank identity (accessed via My Depository)
  5. Pair the mobile app for easy control and management (including transaction confirmation) of your asset account (My Settings section)
  6. The contract for opening an account in the DLT Register can be found in the Downloads section

Legal entity

  1. Authentication of the person acting as the legal entity’s account holder via bank identity (accessed via My Depository).
  2. Payment of the fee for verification of a natural person acting as an account holder of a legal entity through a payment gateway (180 CZK including VAT)
  3. Creating access to the DLT web application (accessed via My Depository)
  4. Completing the AML Legal Entity Questionnaire (option Corporate Governance)
  5. Opening an asset account in the DLT records (after AML approval)
  6. Login to your bank identity account (accessed via My Depository)
  7. Pairing the mobile app for easy control and management (including transaction confirmation) of the legal entity’s asset account (My Settings section)
  8. The contract for opening an account in the DLT records of a legal entity can be found in the Downloads section

How to manage the web and mobile application

The web application consists of the following parts and provides the following information or services when you log in: