SMTBUSA Portal
About Us

Who we are

Sumitomo Mitsui Trust Bank (U.S.A.) Limited, ("SMTBUSA"), was originally established in 1987 as a New York State chartered trust and banking company, insured by the Federal Deposit Insurance Corporation. SMTBUSA is a wholly-owned subsidiary of The Sumitomo Mitsui Trust Bank, Ltd. of Japan, which is one of Japan's major trust banks. In May 2002, SMTBUSA relocated its office to New Jersey and became a New Jersey State chartered trust and banking company, insured by the Federal Deposit Insurance Corporation. SMTBUSA's mission is to provide world-class global custody services and securities lending* services for mainly Japanese institutional investors, their overseas branches and affiliates, and to the financial institutions responsible for their investments.

SMTBUSA began its securities lending services in US fixed income market in 1988 and has since expanded to include non-US fixed income markets, as well as, equity lending in over 20 major markets worldwide. On the global custody services, SMTBUSA has expanded its network to cover approximately 90 markets and focuses on providing value-added services both in English and Japanese, which include, but not limited, to corporate action events, newsletters and reporting.

* As used throughout this site, the term "securities lending" refers to both securities lending and repurchase transactions.

 
Corporate Name Sumitomo Mitsui Trust Bank (U.S.A.) Limited
Scope or Business Global Custody, Securities Lending, Corporate Trust, Investment Advisory
Chairman & President Hiroshi Nagasaki
Date of Registration September 10, 1987
Capital 56,000,000 USD
Credit Ratings


 
  Long-term Outlook Short-term
S&P A Stable A-1
Moody’s A1 Stable -
Fitch A- Stable F1

Global Presence

Asia

Sumitomo Mitsui Trust Bank, Limited
 

The following teams provide consulting for custody products/services and handle daily operations-related inquiries during Japanese business hours, delivering speedy, high-quality service in the language of the local market.

 The Securities Services Promotion Department Global Asset Services Team:
 To present and introduce custody products and services

 The Asset Service Department Global Custody Services:
  To provide client support for daily operations

* As of December 2012, all operations pertaining to global custody services handled by SMTB Global Investor Services Co., Ltd, which had served as the Company's Tokyo base since 2006, have been reassigned to Sumitomo Mitsui Trust Bank Limited.

 
Corporate Name Sumitomo Mitsui Trust Bank, Limited
Date of Registration July 28, 1925
Capital 342.0 Billion JPY
URL https://www.smtb.jp/tools/english/
 
Europe

Sumitomo Mitsui Trust Bank (Luxembourg) S.A.
 

Sumitomo Mitsui Trust Bank (Luxembourg) S.A. (SMTBLUX), a 100%-owned subsidiary of Sumitomo Mitsui Trust Bank Limited, is a sub-custodian of SMTBUSA which operates the settlement business for Euroclear reserve securities and handles clients inquiries related to global securities transactions for SMTBUSA.

 
Corporate Name Sumitomo Mitsui Trust Bank (Luxembourg) S.A.
Date of Registration April 22, 1985
Capital 30,000,000 USD

Sumitomo Mitsui Trust (UK) Limited
 

Sumitomo Mitsui Trust (UK) Limited (SMTUK), a 100%-owned subsidiary of Sumitomo Mitsui Trust Bank Limited, provides operational support primarily for European markets such as providing cash dividend information and monitoring cash/securities settlement instruction at the European time.

 
Corporate Name Sumitomo Mitsui Trust (UK) Limited
Date of Registration March 6, 1986
Capital 1,780,000 GBP
 

The global presence of 4 offices in Asia, Europe, and USA allows SMTBUSA to respond to client inquiries in a timely and accurate manner.

 

Notes:

 

Sumitomo Mitsui Trust Bank (U.S.A.) Limited ("SMTBUSA") is the actual contracted partner for customer relationships and transaction processing related to the Global Custody and Securities Lending services provided by SMTBUSA.

 

The Securities Services Promotion Department Global Asset Services Team of Sumitomo Mitsui Trust Bank, Limited and Financial Institutions Department of Sumitomo Mitsui Trust Bank, Limited ("SMTB"), under a service agreement with SMTBUSA, may introduce and explain services and products acting as its agent. The Asset Service Department Global Fund Services Team of SMTB provides customer support functions including answering customer inquiries in connection with the administrative process of custodial businesses in Japan. In addition, branch offices of SMTB transmit information and documentation between SMTBUSA and its customers in Japan. However, SMTB, including its departments and branch offices, is not a party to the transactions or contracts with customers for the Global Custody and Securities Lending services offered by SMTBUSA.

 

Sumitomo Mitsui Trust Bank (Luxembourg) S.A. ("SMTBLUX") provides certain services consigned by SMTBUSA. Among the services consigned to SMTBLUX are functions such as providing customer support, primarily for transactions executed in European markets. SMTBLUX separately serves as a sub-custodian of SMTBUSA for Euroclear and the South African market and provides services such as safekeeping and transaction processing of securities held in these markets.

 

With regard to custodian FOREX services, SMTBTKY, acting through its Market Making Business Unit, Global Markets, provides certain FOREX services for Asian currencies as SMTBUSA's agent in the Tokyo time zone.

 

Sumitomo Mitsui Trust (UK) Limited ("SMTUK") provides certain services consigned by SMTBUSA. Among the services consigned to SMTUK are functions such as providing operational support primarily for European markets (i.e. providing cash dividend information, monitoring cash/securities settlement instruction at the European time).

 

SMTBUSA may share certain information related to its customers with the above mentioned parties in order for them to better perform their responsibilities as consigned by SMTBUSA in addition to explaining SMTBUSA's Global Custody and Securities Lending services.

Locations

Japan Corporate Name Sumitomo Mitsui Trust Bank, Limited
  Office Address

1-1-1 Shiba-Koen, Minato-ku, Tokyo

 
USA Corporate Name Sumitomo Mitsui Trust Bank (U.S.A.) Limited
  Office Address 111 River Street,Hoboken,NJ 07030
U.S.A
 
Luxembourg Corporate Name Sumitomo Mitsui Trust Bank (Luxembourg) S.A.
  Office Address 2, rue Peternelchen, L-2370, Howald, Grand Duchy of Luxembourg
 
United Kingdom Corporate Name Sumitomo Mitsui Trust (UK) Limited
  Office Address 1st Floor, 155 Bishopsgate, London EC2M 3XU, U.K.
 

Anti money Laundering Website Statement

SMTBUSA is committed to the international fight against money laundering and has implemented a number of anti-money laundering ("AML") policies, procedures and practices. SMTBUSA trains its employees in appropriate compliance practices and controls and strives to enhance its anti-money laundering policies and procedures. Specifically, SMTBUSA:
 

  • Has established a special committee of the Board of Directors to oversee SMTBUSA' AML policies, practices and procedures;
  • Has established a culture that, with the full commitment and support of senior management, values and rewards the implementation of appropriate controls and compliance procedures;
  • Uses independent compliance, audit and legal functions to provide guidance and help evaluate businesses compliance with applicable AML laws, rules and regulations;
  • Has in place appropriate policies, procedures and practices to ensure that the business it conducts on behalf of its customers is proper;
  • Has developed and continues to update policies and procedures, and provides appropriate training to its employees;
  • Has invested in technology that assists in the monitoring of transactions for the purpose of identifying possible suspicious activity;
  • Recognizes that preventing money laundering and identifying possible terrorist financing activities is an ongoing process that involves constant diligence.

 

The fight against money laundering is an evolving and never-ending process. SMTBUSA must be able to identify and understand the potential risks of money laundering and implement appropriate processes to prevent such risks from occurring. SMTBUSA must also continually evaluate the strength of its existing policies and procedures and update them, as necessary, to address the evolving AML requirements. By updating its policies and procedures, systems and technology, and training its employees, SMTBUSA seeks to remain well equipped to combat money laundering and other financial crimes and assist governments in the war on terrorism.
 

Please see Standard AML Questionnaire.

 

 

NOTICE OF FDIC INSURANCE COVERAGE FOR ACCOUNTS

By operation of federal law, beginning January 1, 2013, all of a depositor's accounts at an insured depository institution, whether interest-bearing or noninterest-bearing accounts, are insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

 

 

Careers

SMTBUSA is a leading world-class custodian bank that offers employees a dynamic, exciting and growth-oriented environment. Please visit our career opportunities site page for current job openings within the bank.

 

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