DLT asset account information

Opening a owner assets account for natural persons or legal entities in the DLT register is only possible electronical way by using Bank iD in the My Depository – DLT Account Holder.

The owner can pair their asset account to a mobile app. The internet and mobile app then inform the account owner about the status of their asset account, changes, asset account maintenance fees, or transactions made, and send notifications about all changes to asset accounts to their mobile phone.

The issuer may credit securities to this account to the owner as part of the primary subscription. 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 and mobile apps are available 24/7.

Look at the video how to create an holder account in DLT register and how to pair the account with the mobile app:

Instructions

Video tutorial

QR code

Creating an account in the DLT register

How to pair the app with your DLT account

Procedure for opening an asset account in the DLT register

Natural person

  1. You can open a DLT account at www.cdcp.cz/?lang=en in the DLT – Enter the DLT section.
  2. Select the “DLT Account Holder” tile, then choose “Create account”.
  3. Select the bank through which you will verify your identity in the next step using the Bank Identity service.
  4. Select “Open an account for an individual“ and consent to identification via Bank Identity.
  5. Agree to the terms and conditions of the contract for opening an account in the DLT registry and pay the fee for verifying a natural person in the amount of 180 CZK (payment via the payment gateway).
  6. Set your consent to receive marketing communications and specify your country of residence for tax purposes.
  7. If you have multiple accounts, select your primary bank account and confirm.
  8. The process of opening an asset account in the DLT registry is complete.
  9. You can find the agreement for opening an account in the DLT registry in the ”My Settings“ section.

Legal entity

The process of opening an asset account for a legal entity consists of three main phases:

  1. Setting up access for the administrator of the legal entity’s asset account
    • You can open a DLT account at www.cdcp.cz/?lang=en in the DLT – Enter the DLT section.
    • Select “DLT Account Holder” tile, then choose “Create account”.
    • Select a bank for identity verification via Bank Identity, choose to ”Open an account for a legal entity“, and confirm your identification.
    • Pay the 180 CZK fee for verifying the authorized natural person.
    • Set your consents, specify your country of tax residence, and, if applicable, select the administrator’s primary bank account.
    • The administrator’s access to the DLT application is now set up.
  2. Opening an Asset Account for a Legal Entity
    • Log in to the DLT web application and select “Manage Legal Entities” in the settings.
    • Create a user account for the new legal entity, specify the country of incorporation and the ID number; for foreign entities, enter the name manually.
    • Fill out the CRS and AML questionnaires, confirm the accuracy of the information, and submit the AML form to CDCP.
    • This completes the administrator’s part of the process.
  3. Opening an Asset Account in the DLT Registry
    • The asset account will be opened after the AML questionnaire is approved by the CSD Prague.
    • The administrator will receive a notification regarding the account opening, or, if applicable, information regarding the reason for non-approval or a request to provide additional information.
    • The account opening agreement is available in the DLT web application under the “My Settings” section.
    • The process is complete once the account is opened.

Tip: You can pair the mobile app for account management and transaction confirmation in the “My Settings” 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: