Resources · Security · Custody of assets

Your assets are held at your banks and in accounts opened in your company's name, not at Mundi

Your bank balances stay at your banks. The Automated Treasury Account is opened in your company's name at Tacirler Yatırım. Your fund assets are held at Takasbank and recorded at MKK. Mundi never holds customer money in its own accounts.

Where each asset is held

Bank Your banks Your current and time deposit accounts
Brokerage firm Tacirler Yatırım Automated Treasury Account, in your company's name
Custody Takasbank Fund assets, in your company's name
Registry MKK Record of fund assets in your company's name
Mundi You see your accounts here and send your approved instructions to your bank from here. Mundi does not hold any of your assets.

Bank balances

Where
At your banks
In whose name
Your company's
Protection
Under your bank's responsibility. The Savings Deposit Insurance Fund (TMSF) covers bank deposits, not the investment account.

Cash in the investment account

Where
In the Automated Treasury Account at Tacirler Yatırım
In whose name
Your company's
Protection
The Investor Compensation Center (YTM), within the applicable limits. TMSF does not cover this account.

Fund units

Where
Held at Takasbank, recorded at MKK
In whose name
Your company's
Segregation
In custody accounts separate from the balance sheet of the institution that manages the fund

  1. Banks

    Your bank balances stay at your banks

    Your bank accounts are held at your company's banks, in your company's name. You see these accounts in Mundi and send your approved instructions to your bank through Mundi, and your bank executes the transfer.

    TMSF covers deposits at banks. The investment account is not covered.

  2. Account

    The Automated Treasury Account, at Tacirler Yatırım in your company's name

    The Automated Treasury Account is opened in your company's name at Tacirler Yatırım. Tacirler Yatırım Menkul Değerler A.Ş. is a broadly authorized brokerage firm licensed by SPK, and investment transactions are executed through it.

    Cash balances in the account are protected by the Investor Compensation Center (YTM) within the applicable limits. TMSF does not cover the investment account.

    Your cash beyond the reserve moves to this account at the end of every business day, through the sweep rule your company sets up. You set up the rule: from which accounts, to which account, with how much reserve, and on which days and at what time it runs.

    Automated Treasury Account

    Account holder
    Customer A A.Ş.
    Institution
    Tacirler Yatırım
    Fund units
    Takasbank · MKK
    End-of-day sweep On

    Bank A and Bank B · Every business day at 16:00 · Reserve ₺500,000

  3. Funds

    Fund assets are held at Takasbank and recorded at MKK

    Your fund assets are held at Takasbank in your company's name and recorded at MKK. These assets sit apart from the balance sheet of the institution that manages the fund, in segregated custody accounts opened in your company's name.

  4. Mundi

    Mundi provides the technology and does not hold the money

    Mundi is a treasury management platform offered to companies by Mudi Finansal Teknoloji Hizmetleri A.Ş. Mundi is not a bank or a brokerage firm and never holds customer money in its own accounts.

    Your company decides which products to use. Mundi does not give investment advice.

  5. Institutions

    Institutions and their roles

    Tacirler Yatırım Menkul Değerler A.Ş.
    The broadly authorized brokerage firm, licensed by SPK, where your investment account is opened
    Takasbank
    Istanbul Settlement and Custody Bank Inc., the settlement and custody institution where fund assets are held in your company's name
    MKK
    Central Securities Depository of Türkiye, the institution where fund assets are recorded in your company's name
    Investor Compensation Center (YTM)
    The institution that protects cash balances in the investment account, within the applicable limits
    TMSF
    Savings Deposit Insurance Fund, the protection scheme set up for bank deposits, which does not cover the investment account
    SPK
    Capital Markets Board of Türkiye, the authority that regulates and supervises brokerage firms and the capital markets

You

Let's map out your account structure together

In a 30-minute call we talk through your banks and your investment account and show you where each asset will be held.

Book a demo

Mundi is not a bank and does not give investment advice. Investment transactions are executed through Tacirler Yatırım Menkul Değerler A.Ş., licensed by SPK.

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