BNY Mellon is one of the leading companies in the areas of investment services. Germany is one of BNY Mellon's five core growth markets throughout the world. We have been continuously expanding our business ever since our German business started back in 1931 and now have approximately 600 employees at our Frankfurt and Düsseldorf locations.

Our Commitment

Our goal is to support client growth using a four-pronged approach:

  • Trust
  • Teamwork
  • Client Focus
  • Outperformance

The services we provide meet the highest quality standards every single time thanks to our efficient combination of technical expertise and customer orientation. This is how we achieve sustainable results and generate long-term added value.

Key data for Germany:

  • #2 Assets under Custody, #4 Assets under Depotbank*

*dpn Survey Custodians / Depot Banks September 2013

Offices

Düsseldorf

Meriten Investment Management GmbH
Herzogstr. 15
40217 Düsseldorf
Germany

Phone:  +49 211 23924 01

 

Frankfurt

BNY Mellon Service KAG

MesseTurm
Friedrich-Ebert-Anlage 49
60327 Frankfurt am Main
Germany

Phone: +49 69 12014 2000

 

The Bank of New York Mellon

Frankfurt Branch
MesseTurm
Friedrich-Ebert-Anlage 49
60327 Frankfurt am Main
Germany

Phone:  +49 69 12014 1000

 

The Bank of New York Mellon SA/NV

Asset Servicing, Niederlassung Frankfurt am Main
MesseTurm
Friedrich-Ebert-Anlage 49
60327 Frankfurt am Main
Germany

Phone:  +49 69 12014 1000

 

 

 

Contacts

If you would like to speak with a BNY Mellon professional in Germany, please contact:

BNY Mellon in Frankfurt - Switchboard
+49 69 12014 1000

Regional Executive    
Werner Taiber
+49 211 23924 100
+49 69 12014 1010

Investment Management        
Werner Taiber
+49 211 23924 100

Global Client Management
Rene Boettcher
+49 69 12014 1014

Investment Services
Thomas Brand
+49 69 12014 1030

Asset Servicing
Andrea Sturm
+49 69 12014 1070

Corporate Trust
Chris Strakosch
+49 69 12014 1771

Depositary Receipts
Nadja Schliebener
+44 20 7163 7473

Foreign Trade and Payments
Rudolf Schiffer
+49 69 12014 1020

Treasury Services
Simone Satan
+49 69 12014 1822

Investment Services

 

BNY Mellon offers institutional clients a full range of administrative and operational solutions in the investment services area, allowing them to efficiently settle their deals, investments and transactions worldwide..

Our investment services cover the following areas:

Key data worldwide:

  • 28.5 trillion USD assets under custody and/or administration*
  • 2.1 trillion USD average tri-party repo balances **

* As of 30 Juni 2014

** As of 31 March 2014

Alternative Investment Services

BNY Mellon supports a wide range of alternative investment vehicles throughout the world with more than USD 610 billion in assets under administration and custody* — including hedge funds, funds of hedge funds, private equity funds and infrastructure funds. We partner with our customers to find integrated administrative and operational solutions using state-of-the-art technologies.

We work with an integrated platform that fully meets all the administrative requirements of alternative investment funds. This seamless service allows us to organise operational processes efficiently and to minimise administrative costs. As a result, alternative investment managers can focus fully on their core business.

*Information as of 1st Quarter 2013

Asset Servicing

BNY Mellon offers its clients leading-edge products, technologies and services in the depot banking, securities settlement and custody, and service KAG areas. Our goal is to manage your portfolio and control your investment process efficiently and effectively. We do this by combining a client-centric relationship management concept with innovative technology in order to provide you with individual solutions.

Products and services offered by BNY Mellon in Germany include:

  • Global securities settlement and custody (global custody)
  • Depot banking services for mutual and special funds
  • Fund administration
  • Master KAG for administering funds and direct investments
  • Launch of private label funds
  • Outsourcing solutions for back- and middle-office activities
  • Performance and risk analytics
  • Transaction cost analysis
  • Securities lending

We offer our clients access to more than 100 markets around the world.

Key data:

  • #4 depot bank in Germany*
  • One of the leading providers of outsourcing solutions for fund management companies in Germany

*2013 dpn Custodians Survey

Collateral Services

We understand today's rapidly changing world and work closely with broker-dealers and institutional investors to help them navigate new regulations, market dynamics, demand for high-quality collateral, and a heightened focus on risk. Our global perspective of the financial markets helps our clients, whether on the buy-side or the sell-side, improve the way they manage their collateral.

Tools and Expertise to Help You

We leverage our collateral, liquidity and securities lending services to develop insights with the objective of helping you to:

  • Optimize the use of collateral
  • Enhance operations and risk management practices (credit, liquidity, operational) across the market and product spectrum
  • Transform and finance your investment portfolios, converting idle assets into eligible collateral
  • Focus on your core competencies and sustain, as well as expand, investment strategies

Comprehensive Collateral Capabilities

Our services fully support the segregation, optimization, financing and transformation of collateral. We can help you more effectively and efficiently manage your collateral through our SOLVESM approach focused on:

  • Segregation – Safekeep collateral with third-party custodian and help increase transparency around your counterparties exposure
  • Optimization – Dynamically manage inventory, taking into account exposures and collateral eligibility requirements
  • Liquidity – Provide sophisticated real-time tools to assist clients in managing their liquidity and margin requirements
  • Value – Offer you optimization and transformation services for your financial assets
  • Efficiency – Derive efficiency and speed through centralized collateral portfolios

Now is the time for discerning collateral solutions. Let's start a conversation.

Key data*:

  • 3.1 trillion USD in inventory of total lendable assets for securities lending¹,²
  • 2 trillion USD tri-party repo collateral serviced globally¹,³
  • 330 billion USD average daily loans outstanding in securities lending¹,²
  • 120 billion USD average balances invested through the Liquidity DIRECTSM investment portal¹
  • 20 billion USD in derivatives collateral assets¹

1 - As of March 31, 2014

2 - includes assets of CIBC Mellon clients. CIBC Mellon is the brand name for CIBC Mellon Trust Company and CIBC Mellon Global Securities Services Company, each a joint venture between BNY Mellon (50%) and Canadian Imperial Bank of Commerce (50%). Securities lending for CIBC Mellon clients is transacted through The Bank of New York Mellon as agent, and is part of The Bank of New York Mellon Agency Lending Program.

3 - Approximately $2 trillion – see page 19 of http://www.bnymellon.com/investorrelations/financialreports/2014/2014q1.pdf for further details.

Corporate Trust

Your Trusted Partner for Debt Market Services

At BNY Mellon Corporate Trust we deliver a full range of debt issuer and related investment services customized to your needs.

We have been providing trust and agency services for the participants of the debt capital markets for over 100 years.

Drawing on this extensive experience we collaborate with you to create customised solutions to your debt related needs, delivering a range of core services, including:

  • Trustee
  • Paying agent
  • Escrow
  • Custody and account bank

We provide the infrastructure, technology and processing services to help you navigate the debt capital markets.

Why Choose BNY Mellon?

We partner with clients to understand the challenges they face, then provide the administrative, operational and infrastructure services to support your debt issuance and other capital markets-related needs.

Global Reach with Local Presence

BNY Mellon can offer you a wealth of multi-jurisdictional knowledge, critical in helping our clients operate in today's global markets, teamed with local experts delivering regional-specific services.

At BNY Mellon we leverage our global footprint and expertise to deliver customised and market-driven solutions across a full range of debt issuer and related investor services. We offer you a distinctive, high quality and personalised service wherever you choose to do business.

Credit Ratings

Please inform yourself about our excellent credit ratings.

Safest Bank in the USA
2009, 2010, 2011, 2012, 2013
BNY Mellon keeps the first place for five years in a row.
(Global Finance Magazine)

Supporting You Throughout the Lifecycle of the Transaction

For those accessing the capital markets, we are the optimal choice. Every issue we manage is supported by the industry's most comprehensive range of services and innovative applications of technology. Our team of experts have experience with all debt types, from the traditional to the most specialised asset class or financing structure. We understand and support all stages of a deal from the minute it closes through to its final payment. By delivering expertise at every stage of the transaction, we provide flawless administration, key processing efficiencies alongside critical legal and regulatory compliance monitoring. We are positioned to leverage the breadth and depth of our services, expertise and solutions to help you achieve your business goals.

Products and Services

Products:

  • Auto Receivables
  • Synthetic CDOs
  • Cash Flow & Market Value CDOs
  • Leveraged Loan CLOs
  • CMBS
  • RMBS
  • CRE
  • Consumer Loans
  • Credit Card Receivables
  • Equipment Leases
  • Future Flows
  • Diversified Payment Rights
  • Export Receivables
  • Trade Receivables
  • Non Performing Loans
  • Whole Business Securitisation /
    Operating Company

Services:

  • Account Bank
  • Cash Manager
  • Calculation Agent
  • Collateral Agent
  • Common Depositary
  • Custodian / Safekeeper
  • DTC Depositary
  • Facility Agent
  • Investment Agent
  • Listing Agent – Luxembourg, London, Ireland and Channel Islands
  • Principal Paying / Fiscal Agent
  • Portfolio Administration
  • Registrar
  • Security / Note Trustee
  • Specialised Investor Reporting
  • SPV Administration
  • Transaction Administrator
  • Transfer Agent

Industry Solutions Tailored to Meet Your Needs

BNY Mellon Corporate Trust offers a comprehensive range of debt related services to a variety of clients including:

  • Financial Institutions
  • Investment Banks
  • Investment Managers
  • Pension Funds
  • Private Equity Firms
  • Insurance Companies
  • Multi-national Corporations
  • Governments and their agencies
  • Central Banks

 

Depositary Receipts

BNY Mellon's comprehensive depositary receipt (DR) services cover everything from efficient administration through support for investor relations strategies down to specific secondary market support. Our excellent understanding of the needs of issuers, investors and brokers is based on proactive cooperation with them. This three-pronged approach enables us to generate sustainable added value by taking into account the needs of everyone involved.

As a depositary agent, we create the technical environment for trading securities issued by non-U.S. companies on the U.S. market (ADRs) and in financial centres worldwide (GDRs). We also provide a wide range of services for issuers, investors and intermediaries in this area.

Stock corporations use depositary receipts to increase awareness of their brands beyond the borders of their domestic markets. In addition, depositary receipts often have a positive influence on securities prices. Depending on the type of depositary receipts involved, issuers can also use them to raise capital (Level III DR programme). Depositary receipts are a practical way for international investors to diversify their portfolios to include global investments.

BNY Mellon*:

  • Is depositary for 2.206 sponsored depositary receipt programs worldwide.
  • Our sponsored depositary receipts business has an estimated 60% global market share.

*All information as of 30. June 2013.

Derivatives

The modular, flexible Derivatives360SM platform allows BNY Mellon's clients to use some or all of its elements, as required. This means that you can focus your time and resources on your core activities.

At present, derivatives clients are increasingly looking for outsourcing solutions for tasks that they used to perform themselves. There are various reasons for this, ranging from credit considerations and increasing product complexity down to substantial investment costs associated with highly specialised systems, staff shortages, increased regulation and increasing standardisation.

Derivatives360SM offers issuers and investors a broad service offering for trading and settling derivatives, regardless of whether you use derivatives for hedging or as an independent investment strategy. These services comprise:

  • Outsourcing of middle- and back-office activities
  • Collateral management
  • Invoicing and accounting
  • Reporting
  • Performance and risk analytics

Derivatives360SM also offers the following services:

  • Confirmation of OTC transactions
  • Trade settlement
  • Independent valuation by third parties
  • Assignment to counterparties and investment managers
  • Settlement of corporate actions
  • Margin management

Global Markets

Achieve your investment, financing and cross-border objectives using BNY Mellon's premier range of global markets services. Driven by experience, innovation and reliability, we provide services that enable you to achieve the best possible results in the following areas:

  • Foreign exchange
  • Capital markets*

We offer you services and solutions to:

  • Reduce your risk
  • Maximise your portfolio value
  • Successfully navigate today's global markets

We have been meeting the financing, investment banking and trading needs of large and small investors on the capital markets for 25 years.

Key data:

  • Ten trading rooms on three continents executing foreign exchange transactions in more than 80 currencies
  • Winner of five top rankings in Global Investor's 2012 FX Survey (#1 Hedge Funds, #1 Technical Research, #1 Capital Flows, #1 Overall Asia weighted and #1 Overall Asia Real Money weighted)
  • Winner in four categories in Global Finance Magazine's 2012 awards (Best FX Research, Best Forecasts, Best Technical Analysis and Best FX Provider - Honourable Mention in the USA)

*BNY Mellon Capital Markets EMEA Limited is authorised and regulated by the Financial Conduct Authority under number 580200

Capital Markets EMEA Disclaimer

 

Liquidity Services

Our clients are focused on minimising their risk while simultaneously safeguarding profitability and monitoring counterparty risk. Ensuring same-day liquidity, central access to fund data, investment positions and investment income as well as efficiently settling payment flows are other client requirements.

As one of the market leaders in the area of liquidity management, BNY Mellon developed Liquidity DIRECTSM to meet all these needs. Our clients can use this central platform to either manage their investments and counterparty risks themselves via an online portal or take advantage of our fully automated cash service.

Liquidity DIRECTSM

  • Gives you access to a wide range of AAA-rated money market funds* from leading asset managers (MoneyFunds DIRECTSM).
  • Lets you invest directly in individual money market instruments (Securities DIRECTSM).
  • Lets you segregate your collateral margins away from counterparties (Margin DIRECTSM).

Existing accounts can simply be linked to this platform, ensuring settlement of daily payment flows and making it easy and efficient to invest excess liquidity. This helps ensure your liquidity is working for you every single day.

Liquidity DIRECTSM provides you with the tools you need to meet the current challenges on the markets, increase transparency and optimise your cash flow.

*Daily price risk is eliminated by a stable net asset value (NAV) of 1.

Treasury Services

BNY Mellon operates a global network of branches, representative offices and correspondent banks that provide its clients with extensive international payment and liquidity management services. We developed this offering to help you to conduct transactions, optimise cash flow and mitigate risk in capital markets around the world.

Thanks to our substantial investments in technology, our innovations and our broad specialist expertise, we can provide strategic solutions that are specifically tailored to meet your business needs.

The services offered by the Treasury Services area include:

  • International payments
  • Global cash management and multicurrency payments
  • Trade finance services
  • Strategies for currency hedging and increasing returns
  • Working capital solutions

Key data worldwide:

  • Fifth largest participant in CHIPS funds transfer volume*
  • Fifth largest Fedwire payment processor**
    • More than 2,000 correspondent bank accounts worldwide
  • Cash management services
    • 7th largest provider of cash management services***

*The Clearing House, May 2014

**The Federal Reserve Bank, June 2014

***Ernst & Young CMS Survey, 2013; rank is based on reported fee-equivalent revenue

Investment Management

BNY Mellon Investment Management is a leading global provider of asset management products and services. We build on our extensive experience and broad expertise to help clients implement their investment objectives using a wide range of strategies in all key sectors and asset classes.

Our clients include globally leading companies, financial institutions, governments, unions, foundations, pension schemes, fund management companies and high net worth individuals.

Our independent investment boutiques provide asset management services that are tailored to the needs of our clients, based on transparent processes and focused consistently on achieving the investment results that our clients want. Each of these companies is dedicated exclusively to asset management and has its own investment philosophy and typical investment process.

Our structure promotes an entrepreneurial, focused investment approach that enables our specialist asset managers to identify market trends early, making them some of the best in the investment management business. This creates an environment in which every single asset manager can devote themselves to developing new products and achieving top investment results by drawing on their experience and strengths. This means that we can offer a broad range of investment opportunities across all asset classes.

Facts and figures about BNY Mellon Investment Management*:

  • USD 1.4 trillion in assets under management
  • #7 asset managers in the world   (Pensions & Investments, 2012)
  • Top 10 U.S. wealth manager   (Barron's Top Wealth Management Firms, 2012)
  • 8th largest European asset manager   (Institutional Investor, 2011)

The products and services offered by BNY Mellon Investment Management include:

  • A number of investment boutiques with a comprehensive asset management services offering
  • Please also see Meriten Investment Management GmbH at: www.meriten.de

*All information as of 30 September 2012

Press Releases

Date

Title

CME Clearing Europe Goes Live with BNY Mellon CSD

BNY Mellon signs trade processing partnership with Helaba (Landesbank Hessen-Thuringen) & the G25 German Sparkassen

Marble House Capital Appoints BNY Mellon as Custodian for Range of German Alternative Investment Funds

BNY Mellon and Deutsche Asset & Wealth Management in Exclusive Negotiations for Real Estate Fund Administration Outsourcing

BNY Mellon Appoints Werner Taiber as Country Executive for Germany

BNY Mellon Appointed Account Bank and Paying Agent by Volkswagen Financial Services on a EUR 3 Billion Asset-Backed Deal

BNY Mellon Launches New Era in Global Payments Service Delivery

Global Companies Returned to the Capital Markets in 2013, Led by Emerging Market Firms, says BNY Mellon's DR Yearbook

BNY Mellon and Alceda sign depositary agreement for alternative investment funds

BNY Mellon Appoints Lars Hella as Head of Depotbank Services in Germany

BNY Mellon Appointed Account Bank and Paying Agent to SC Germany Vehicles 2013-1 UG

BNY Mellon Selected by NASDAQ OMX As Settlement Bank for CCP Clearing

BNY Mellon Strengthens Global Collateral Services Team With New Appointment in Germany

BNY Mellon Supports Philip-Lorca diCorcia Exhibition at Schirn Kunsthalle Frankfurt

BNY Mellon Classic ADR Index(SM) 18% Return in 2012 Beats S&P 500, Led by Europe

BNY Mellon Appointed as Depositary by HUGO BOSS AG

BNY Mellon Establishes Central Securities Depository

BNY Mellon Enhances Trade Director Post-trade Processing Offering in Germany

BNY Mellon's German Investment Boutique WestLB Mellon Asset Management to be Renamed Meriten Investment Management

BNY Mellon Appointed Global Custodian by Allianz Bank Bulgaria

BNY Mellon to Provide Allianz Global Investors with Outsourcing Solutions for Discretionary Mandates

BNY Mellon Acquires 100% of WestLB Mellon Asset Management

BNY Mellon Service KAG appointed by VVO Haberger AG to launch and manage new fund range

BNY Mellon appoints Wim Hautekiet as CEO of The Bank of New York Mellon SA/NV

BNY Mellon Launches German-Language Version of Workbench™

BNY Mellon-Sponsored Study by Consultants itechx & FAROS Highlights Increasing Demand Among German Institutional Investors for Sophisticated Services

Investor Demand for World's Energy and Mining Companies Drives Depositary Receipt Trading and Capital Raisings in 2011, Says BNY Mellon

BNY Mellon Top Rated in Germany in Annual Global Custodian Major Markets Agent Banks Survey

Hamburger Sparkasse Appoints BNY Mellon Service KAG as Service Provider

BNY Mellon Celebrates First Anniversary of BHF Asset Servicing Acquisition by Taking #1 Custodian Position in Germany

BNY Mellon Asset Servicing Wins $16.4bn Mandate from Stichting Rabobank Pensioenfonds in The Netherlands

BNY Mellon Appointed as Successor Depositary Bank by AIXTRON SE

BNY Mellon Asset Servicing Appoints Jurgen Scharfenorth as New Head of Relationship Management for Germany

BNY Mellon Research Into OTC Derivatives Shows Significant Gaps in Implementation of Managing and Mitigating Counterparty Credit Risk

BNY Mellon Completes Acquisition of BHF Asset Servicing GmbH

BNY Mellon Agrees to Acquire BHF Asset Servicing GmbH

BNY Mellon Asset Servicing and BHF Asset Servicing GmbH confirm new cooperation agreement

Events

Representatives of BNY Mellon participate regularly in industry events.

TSI Congress 2014

1. – 2. October 2014
Radisson Blu Hotel, Berlin
Karl-Liebknecht-Straße 3
10178 Berlin
Learn more

 

Internet Security

The Internet is one of the most powerful communication tools available, making it possible to share information instantly, any time of the day or night, around the globe.

Criminals have capitalized on the broad power and wide availability of the Internet and electronic mail (e-mail) to defraud unsuspecting people. It is critical that each of us maintain constant vigilance over the way we use the Internet and all forms of electronic communication.

The Bank of New York Mellon maintains active oversight of all of our systems as part of our efforts to protect the security and privacy of client information.

If you have any concerns or questions, please contact your Bank of New York Mellon representative.

The Bank of New York Mellon does not contact its clients or anyone else by e-mail to confirm credit card or financial transactions, or to confirm or request personal account information or any other type of sensitive information.

Protect Yourself

To help protect yourself and your personal data, do not trust any e-mail communications that request your personal information.

Criminals can be convincing. They make their fraudulent e-mails look like they come from legitimate sources. They publish fake Web sites that use designs, information and programming stolen from their rightful owners. Cyber criminals use methods to impersonate you over the phone to arrange funds transfers, or imitate communications from the financial institution to verify transactions, or initiate other changes to your account. Don't fall for their ploys.

 
E-mail and Web Site Scams

E-mail is by far the most popular way for criminals to try to get your attention — and your personal information. An e-mail may direct you to a Web site designed and operated by criminals to trick you into revealing such information. Therefore, treat e-mail from someone you don't know the same way you would treat a telemarketing call from someone you don't know: don't necessarily believe what you're being told.

Fraudulent e-mails and Web sites are created every day to attempt to steal personal information. It's called "phishing" — a variation of the word "fishing." There are limitless variations of these online scams, so the best defense is education and a healthy dose of skepticism. A few misleading and deceptive techniques in use include the following:

  • The e-mail or Web site may appear to be genuine.
  • It may include a logo that appears legitimate.
  • It may ask you to click on a link to go to a Web site — the Web site address may, at first glance, appear legitimate and imply importance.
  • The e-mail or Web site may ask for you to supply account numbers, Social Security numbers, personal identification numbers (PINs), passwords or credit card numbers.
  • The e-mail or Web site may even already contain some of this information and is asking you to confirm the data.
  • You are right to be suspicious of any e-mail or Web site asking you to supply or confirm any personal information.

As technology and one's ability to detect these scams improves, so, unfortunately, do the criminals. The latest attacks do not even require you to do anything. Merely opening the e-mail can launch "hidden" software — a virus, "spyware" or other malicious code — that will download to and reside on your computer. Should they go undetected, any of these programs could compromise your computer in a variety of ways, including stealing private information, redirecting your Web surfing to unscrupulous sites and transmitting information that you type on your computer directly to the criminals. Therefore you should delete all unwanted and potentially fraudulent e-mails without opening them.

Some fraudulent e-mails, spear-phishing attempts for example, can be very well done and very convincing. These are often created by more sophisticated and more determined criminals who are highly motivated to succeed. More generally, however, most fraudulent e-mails and Web sites established for fraud may frequently be characterized by the following:

  • Misspellings and other typographical errors
  • Poor grammar
  • Urgent messages in the e-mail subject line
  • Random characters in the e-mail subject line or body
  • "Fuzzy" logos, or logos that are distorted

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Tricks of the Trade

There are a number of common e-mail scams of which you should be aware. While this list is by no means exhaustive, recent e-mail tricks include:

  • Creating a sense of panic. E-mails threatening loss of account access, loss of credit, foreclosure, etc., are trying to get you to panic enough to lose your common sense and fall for their scam. Don't panic; when in doubt, call your financial institution.
  • Referencing a recent transaction. Vaguely worded e-mails referring to a "recent transaction" that you need to go online and verify, or for which you need to provide additional account information, are also just trying to get you to fall for their scam.
  • Confirming your account information. It's possible that the criminals think they already have your account numbers, password, etc., and all they need is your confirmation. They could have guessed, they could have bought it, they could have stolen it. Don't give them the help they need to use it. Do not respond to confirmation-of-information requests received via an e-mail that you are not expecting or that could possibly be fraudulent. This includes both not responding via e-mail and not visiting a Web site to confirm the information.
  • You're a winner! "Just send money to cover the costs/fees/taxes and you can claim your prize." If you do respond to this solicitation, the thief will have your money as well as your credit or debit card information if you pay online, or your checking account number and bank routing information if you pay by check. A legitimate contest will never make you pay to receive the prize.
  • Your donation is needed. Many criminals act like they are actually charities and request your donations, appealing to your emotions and taking advantage of tragedies and natural disasters. Be careful when making charitable donations. Many legitimate organizations now accept donations online. But exercise caution and only donate via a non-profit organization's Web site directly, or if you are absolutely sure of the company through which you are donating.

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Web Site Spoofing

"Spoofing" is another trick used by criminals. Criminals steal a Web site's code — the technical programming that makes the Web site work — and use it to create a fake Web site that "spoofs" or appears to be the legitimate site.

The difficulty for unsuspecting consumers is that these sites look legitimate. To help protect yourself, be aware of how you're accessing the site.

  • Don't follow a link in an unsolicited e-mail if you have any doubts about the sender (see "phishing", above).
  • Type all Web site addresses carefully, or use Favorites or Bookmarks to store frequently accessed sites — especially financial-related sites. Misspelling, even by one letter, the address of the Web site you are trying to access may send you to an incorrect, possibly fraudulent, Web site.

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Lottery / Sweepstakes Letter Scams

If you receive a letter, accompanied by a check with a The Bank of New York Mellon brand, that claims you have won a lottery, a sweepstakes, have been chosen to be a paid "secret shopper" or a similar variation of a popular contest, be advised that these are scam letters and fraudulent checks. If you contact the sender as requested, you will be instructed to negotiate the check and forward the sender money through a wire transfer or money order. Please do not negotiate these checks, as they are not authentic The Bank of New York Mellon checks. If you receive one of these letters and/or checks, you should report it to your local U.S. Postal Inspection Service.

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Corporate Account Takeover

Corporate account takeovers, once associated mostly with large corporations, have started to target municipalities, smaller businesses, and non-profit organizations. Thousands of businesses, small and large, have reportedly fallen victim to this type of fraud. To obtain access to business financial accounts, cyber criminals often target employees and cause the targeted individual to download and spread malicious software (or "malware") which in turn steals their log-in credentials. Cyber criminals typically will accomplish this by getting you to perform some action such as open an email attachment, accept a fake friend request on a social networking site, visit an already compromised legitimate website, or plug an infected USB drive into your system. All of these can install malware on your computer.

Some recent methods used to trick employees into opening the attachment or clicking on the link, have included making the e-mail appear come from a legitimate business, for example:

  • UPS (e.g., "There has been a problem with your shipment.")
  • Financial institutions (e.g., "There is a problem with your banking account.")
  • Better Business Bureaus (e.g., "A complaint has been filed against you.")
  • Court systems (e.g., "You have been served a subpoena.")

Cyber criminals may try to take advantage of some current event, such as a natural disasters or major sporting events, They may use credentials stolen from company websites or co-workers or executives and design the e-mail to look like it comes from a trusted source.

Once they are able to get you to download their malware, they can easily steal your account login credentials and then be able to electronically steal money from your business accounts through unauthorized wire transfers and ACH payments.

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What You Can Do

Report any problems regarding The Bank of New York Mellon to your customer service representative.

If you should become a victim of identity theft, you can take the following actions to help you protect your personal and financial interests:

Contact your bank and credit card issuers to ensure that:

  • Access to your accounts can be protected
  • All transactions are actually yours
  • Your address information has not been changed
  • Your PINs have not been changed
  • New checks have not been ordered by the identity thief

File a police report with your local police department and provide the facts and circumstances surrounding your loss. Obtain a police report number with the date, time, police department, location and name of the police officer taking the report or involved in the subsequent investigation. Having a police report on file will often facilitate your dealings with insurance companies, banks, credit card agencies, and commercial establishments that may be parties involved in fraudulent transactions. The police report may initiate a law enforcement investigation into the loss with the goal of identifying, arresting, and prosecuting the offender and possibly recovering your lost items. The police report will also help provide immediate clarification should someone assume your identity and be arrested for criminal activity using your name and biographical data.

Contact the three major credit bureaus (listed below) to order copies of your credit report, and to report identity theft.

Equifax

PO Box 105069
Atlanta, GA 30349
To order a credit report: +1 800 685 1111
To report credit fraud: +1 800 525 6285
http://www.equifax.com

 

Experian

PO Box 2002
Allen, TX 75013
To order a credit report: +1 888 397 3742
To report credit fraud: +1 888 397 3742
http://www.experian.com/

 

Trans Union

PO Box 1000
Chester, PA 19022
To order a credit report: +1 800 916 8800
To report credit fraud: +1 800 680 7289
http://www.transunion.com/

By ordering your credit report, you will be able to determine if the identity thief has opened any credit accounts in your name. You can then contact these creditors to let them know that your identity has been stolen, and that the accounts are fraudulent.

When calling to report fraud, request that a statement be placed on your credit report that indicates no further credit is to be granted in your name without first contacting you directly at the telephone number you designate. This is typically called a "Fraud Alert" or "Victim Statement", and will help prevent further accounts from being opened in your name.

Contact the Federal Trade Commission. The FTC maintains the Identity Theft Data Clearinghouse (the federal government's centralized identity theft complaint database), and provides identity theft victims with information. The FTC can be contacted through the following methods:

If you discover that a fraudulent bank account has been set up using your name, report the account information to the following merchant check guarantee firms:

  • Telecheck: +1 800 366 2425
  • National Processing Company: +1 800 526 5380
  • SCAN (Deluxe): +1 800 262 7771
  • CheckRite: +1 800 766 2748
  • CrossCheck: +1 800 552 1900
  • Market Block List: +1 888 567 8688

Report improper use of your Social Security Number to the Social Security Administration (SSA) by contacting the SSA Hotline at +1 800 269 0271.

If your driver's license is stolen, report the theft immediately to your local Department of Motor Vehicles. Ensure that a duplicate license was not issued to the identity thief.

Maintain a log of what happened, what was lost, and all of the steps you took to correct the situation. Remember to record dates, times, phone numbers, people you spoke with, and any relevant reference numbers and information. Correcting an ID theft can be a long and difficult process — do not rely on your memory.

Businesses and Corporate clients should

  • Proactively use account features that may protect their accounts, such as check cashing limitations and automated payment filters.
  • Consider using positive pay features to limit check fraud
  • Consider using debit blocks on disbursement only accounts
  • Reconcile banking transactions on a daily basis
  • Initiate ACH and wire transfer payments under dual control, with a transaction originator and a separate transaction authorizer

Business and personal customers also should employ best practices to secure computer systems in their homes and business including, but not limited to:

  • Utilize strong passwords with at least 10 characters that include a combination of mixed case letters, numbers and special characters
  • Do not share with others usernames and passwords for online banking systems
  • Use a different password for online banking sites than you might use for email and other Internet activities
  • Verify use of a secure session (https not http) in the browser for all online banking
  • Do not "script" usernames and passwords for online banking to allow for automatic logins
  • Install commercial anti-virus, desktop firewall, and intrusion detection software on all computer systems and apply updates regularly
  • Ensure computers are patched regularly particularly operating system and key application with security patches
  • Always activate the screensaver locking feature when you need to leave your computer unattended
  • Limit administrative rights on users' workstations to help prevent the inadvertent downloading of malware or other viruses — create limited user accounts for daily use
  • Where practical, carry out online banking activities from a stand-alone and locked down computer from which e-mail and Web browsing are not possible
  • Never access bank, brokerage or other financial services information from public kiosks such as those found at Internet cafes, public libraries, and airports
  • Educate your staff on this type of fraud scheme
  • Configure routers and firewalls to deny unauthorized access to your computer or network
  • Change the default passwords on all network devices regularly
  • Block pop-ups
  • Keep abreast of the continuous cyber threats that occur
  • Engage IT support staff if staff reports any unexplained changes in the performance or behavior of computers, they experience unexpected system shutdown and restarts, or see new and unexpected toolbars or menu items
  • Make sure your employees know how and to whom to report suspicious activity to within your company and at your financial institution
  • Ensure your contingency plan addresses the need to recover systems suspected of compromise by malware, not just data corruption and catastrophic system/hardware failure
  • Consider whether other company or personal data may have been compromised
  • Contact your financial institution for more information

Immediately notify us of any suspicious transactions, particularly ACH or wire transfers

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E-mail Security

BNY Mellon actively works to protect the privacy and data integrity of sensitive information while it is in our possession and control. In the course of providing services, we may exchange information with clients or their authorized representatives which is sensitive and confidential. In order to protect this information, BNY Mellon requires Highly Confidential Information (HCI), and in some cases other types of sensitive information, to be encrypted when transmitted over an open unsecured network.

BNY Mellon provides two methods of encryption for electronic messages containing HCI sent to external recipients.

  • Enforced Transport Layer Security (ETLS)
  • BNY Mellon Secure Messaging Portal

Enforced Transport Layer Security (ETLS) is the primary and preferred method of encryption for BNY Mellon. This method of encryption allows e-mail to be automatically secured with no additional steps required by the sender and recipient. ETLS requires our external partner organizations to have both an ETLS capable infrastructure and a valid digital certificate for encryption. Once established, this method is the most convenient for all users and provides seamless encryption for e-mail and attachments. ETLS encrypts e-mail message between servers and is designed to protect confidentiality and data integrity and is a widely recognized standard issued by the Internet Engineering Task Force (IETF) for securing transmitted data.

If you have questions about ETLS encryption or to establish an ETLS relationship with your client, please contact the TLS Administration Team.

BNY Mellon Secure Messaging Portal is the alternative secure encryption tool which is utilized when an external partner does not have ETLS capability. The portal encapsulates a message and its attachments into an encrypted message. Once protected, the encrypted message is sent to recipients as an attachment to a plain text email. The recipient uses a self-created, pre-registered password to access the notification and any attachments. This guide provides step by step instructs on how to register and use BNY Mellon's Secure Messaging tool.

Access the BNY Mellon Secure E-Mail User Guide or the BNY Mellon Secure E-Mail Quick Guide for External Partners.

If you have questions about BNY Mellon's Secure Messaging Portal, please contact the Secure Messaging Team.

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When accessing any third-party/external sites that may be linked above, you will leave the BNY Mellon web site. These sites are not controlled or endorsed by BNY Mellon, and BNY Mellon is not responsible for the contents, operation or security of these sites.

Privacy

Public Data Protection Register - The Bank of New York Mellon SA/NV Frankfurt

 

Online Privacy Policy

BNY Mellon appreciates your concerns about the privacy of personal information that you provide to us through this Web site. Accordingly, we have posted this policy to explain how we will handle that information.

(Note: Our Online Financial Products and Services, such as BNY Online, CRT and INFORM may have different online privacy policies. To view the privacy policy for a specific Online Financial Product or Service please click on the Privacy link on that site.)

Privacy of Information Given by You

If you do provide personal information about yourself, such as name, address or telephone numbers, we will endeavor to maintain that information in accordance with our internal policies governing use and disclosure of confidential information. We may disclose that information within our corporate enterprise. We may also disclose that information to unaffiliated third parties in order to respond to your inquiries, to provide services to you, to provide you with information concerning products and services that we offer, or to prevent or investigate fraud, illegal activity or misuse of this Web site. We may also disclose that information to unaffiliated third parties for other purposes if we have notified you in advance and you have not objected, you have requested or authorized us to do so, or we are required to do so by law.

Coverage of This Policy

Specific privacy policies apply to non-public personal information concerning consumers of certain products and services that we offer. We make those policies available to our customers in accordance with federal law.

NOTICE TO CALIFORNIA USERS REQUIRED BY STATE LAW: We retain information we receive through this Web site, including information you give us to open an account or purchase a product or service from us, information you give to us in inquiries and other communications, and records of any transactions you perform. We share this information with affiliated and nonaffiliated parties only as necessary to process and service your transactions with us, or as required by law. Such parties may include those who provide services to us in connection with your accounts or transactions, or who are involved in providing you the services you request. In certain instances they might include a purchaser or potential purchaser of an account. We also report information to credit bureaus in appropriate cases. And we share information with government agencies and law enforcement as necessary.

Protection of Social Security Numbers

"We" refers to the family of companies owned by The Bank of New York Mellon Corporation.

Like all financial services companies, we collect a variety of information about individuals, including but not limited to our customers and employees. In many cases that information includes individuals' Social Security numbers. We use records of Social Security numbers for many purposes, especially to comply with federal and state laws such as tax laws and anti-money-laundering laws.

Our policy is (i) to comply with all laws restricting the use and disclosure of Social Security numbers, (ii) to protect the confidentiality of Social Security numbers, (iii) to prohibit the unlawful disclosure of Social Security numbers, and (iv) to limit access to Social Security numbers to our employees, and in certain cases to nonaffiliated parties that provide services to us, based on their responsibilities. To safeguard Social Security numbers, we maintain physical, electronic, and procedural safeguards that are designed to comply with applicable legal standards. Our employees are prohibited from disclosing Social Security numbers for unauthorized purposes.

We may share Social Security numbers among our affiliated companies or with nonaffiliated parties for administrative purposes, such as to process transactions, verify identities, and service accounts. We disclose Social Security numbers as required or permitted by law, such as to the Internal Revenue Service or to credit bureaus. When necessary, we disclose Social Security numbers to regulatory agencies, law enforcement agencies, courts, and parties to lawsuits.

We may share Social Security numbers among our affiliated companies for marketing purposes, but only in compliance with legal restrictions, including required opportunities to opt out of such sharing. We do not, without consent of the individual involved, share Social Security numbers with parties not affiliated with us to enable them to market their own products or services.

Information Collected from Representatives of Institutional Clients

If you work for one of our institutional (business) clients, we may obtain from you or your firm your business contact information, such as your name, title, office address, business phone number and email address. We may use this information for the purpose of conducting business with your firm, managing our relationship with your firm, and advising your firm of products and services that we believe might be of interest. We may (i) share this information with affiliated companies within the BNY Mellon corporate enterprise, (ii) disclose it to service providers that we use to process the information and that have agreed to confidentiality restrictions, and (iii) export this information to the United States and other jurisdictions where we, or our service providers, do business. We may also disclose this information as required by law.

Information Collected Through Cookies and Similar Technologies

An IP address is a unique identifier for a device on the internet. We may use your IP address to diagnose problems with our servers, to understand the geographical location of our visitors and to enhance our Websites.

Third party sites: Our Websites may contain links to third party sites (including social media bookmarking buttons). Please review the Cookie and privacy policies of these sites to understand how they may use Cookies and your information.

For more information please view our Cookie policy.