Opening a securities account for the safekeeping of your company shares

In order to acquire company shares on Companisto, it is necessary to open a securities account for the custody of securities. We have compiled the most frequently asked questions about securities accounts that we regularly receive from first-time investors on Companisto and answer them in detail in the following article.

Why do you need a securities account for an investment with Companisto?

Securities trading is nowadays primarily processed digitally. For example, if you purchase shares on the stock exchange, they must be held in a securities account. The custody and administration of securities for others, known as custody business, is regulated in Germany under Section 1 (1) No. 5 of the German Banking Act (Kreditwesengesetz) and requires a banking license from the custodian service provider, i.e., a custodian bank.

With which custodian banks can you book the securities?

With us, you acquire pre-IPO securities. As not all banks currently book these securities, we are happy to support you with a list of banks with which we have had good experience so far.

If you are interested in opening an account with a bank that is not listed below, please ask your bank whether "pre-IPO profit participation rights/certificates or shareholdings" can be booked. You can directly inquire using the following security identification numbers (WKN / ISIN) of Companisto Holding GmbH to check whether the bank can book these securities.
 
Companisto Holding GmbH
National: WKN A2P3PT
International: ISIN DE000A2P3PT7
 
If the bank supports the security identification number, it can be used for a securities account and the corresponding transfer of securities by Companisto.

Banks with which Companisto investors have had good experiences

The Top 4 banks used by Companisto investors

The list is ordered by frequency of use.

1. Comdirect (DE)
2. ING-DiBa (DE)
3. Consorsbank (DE)
4. DKB (DE)

Additional custodian banks suitable for holding shares

 D-A-CH

• FlatEx (also suitable for companies and investors outside the DACH region)

Germany

• Commerzbank
• Volksbank (also suitable for companies)
• HypoVereinsbank
• Postbank
• Raiffeisenbank
• Consorsbank
• ING-DiBa

Austria

• Bank Austria
• Raiffeisenbank
• Schellhammer
• Oberbank
• Landesbank Oberösterreich

Switzerland

• Swissquote
• Postfinance
• Glarner Kantonalbank, Glarus
• Zürcher Kantonalbank
• UBS
• VZ-Depotbank
• Julius Bär
• Migros Bank
• Raiffeisenbanken

International

• Boursorama
• BIL Banque Internationale à Luxembourg
• UniCredit
• Fio Banka
• HSBC

Banks where transfer of our securities is not possible

• Savings banks (Sparkassen) – If you hold an account with a savings bank, please inquire whether it is suitable for booking. Different types of securities accounts are offered.
• Trade Republic
• Interactive Brokers
• Solaris
• Justtrade
• Smartbroker
• Baader Bank
• DeGiro
• Hellobank
• BNP Paribas
• ebase
• Erste Bank
• Scalable Capital
• FIL Fondsbank
• DEKA Bank
• Union Invest

What does the Clearstream connection mean?

Through the Clearstream connection, the shares receive an ISIN (International Securities Identification Number) and are eligible for custody, meaning they can be held in any securities account at a bank or online broker.

This allows you to transfer the securities directly to a potential buyer via a securities account transfer. However, the buyer must join the respective pooling agreement of the issuer. Certain regulations must be observed, so please contact our Investor Service in advance at service@companisto.com.

When will the security be transferred to your account?

Capital increases must be notarized under German corporate law. The notarization takes place several weeks after the end of the respective financing round. In the case of stock corporations, the process may take up to 2–3 months due to regulatory requirements. Afterwards, the account data is transmitted electronically to our service provider for the transfer, who then distributes the securities.

Due to the initial distribution and issuance of securities, certain regulatory requirements must be observed. For example, all notarized agreements must be submitted in original form to our service provider as proof. Sending these documents by post or courier may take several days, which is why booking does not occur immediately.