|BANK OF CEYLON (Corporate Branch)
|COMMERCIAL BANK (Foreign Branch)
|HATTON NATIONAL BANK (Custody & Trustee Services)
All CDS Participants have to open a settlement bank account for the trade settlements with one of the CDS settlement banks.
The Participant should also obtain a confirmation letter from the settlement bank that a bank account has been opened for the CDS settlement. This confirmation letter should be submitted to the CDS along with a letter from the participant mentioning the Trade commencement date.