To access Fully Paid For Accounts, you need to be able to access DTCC’s Customer portal. If you do not have access, contact your access coordinator and request access to the portal and under available products, “CNS”.

After accessing the portal, click CNS from the Available Production Products.

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Fully Paid For Account: 

• Special subaccount within NSCC's CNS system that assists participants in maintaining compliance with possession and control requirements pursuant to Rule 15(c)3-3 of the Securities Exchange Act.
• Allows participants to complete settlement obligations based on anticipated same-issue allocations from CNS. Third-party deliveries for credit through the Institutional Delivery system are facilitated by this CNS subaccount.
• Available for CNS-eligible equities, corporate bonds, unit investment trusts, rights, and warrants.

The Fully Paid For Account is available to all NSCC full-settling members and especially benefits those that serve both retail and institutional client bases.

Fully Paid For Account:

• Does not force you to arrange for "iffy" borrows or to wait for expected allocations and separately process third-party deliveries.
• Expedites and synchronizes street- and customer-side settlement, facilitating cash-flow planning, and reducing interest and carrying costs.
• Enhances and maintains the protection of your customer securities.