https://www.proz.com/kudoz/dutch-to-english/investment-securities/1534674-waar-de-aandelen-in-open-bewaring-worden-gehouden.html

Glossary entry

Dutch term or phrase:

waar de aandelen in open bewaring worden gehouden

English translation:

if/where the shares are held in open custody

Added to glossary by Ken Cox
Sep 6, 2006 22:03
17 yrs ago
Dutch term

waar de aandelen in open bewaring worden gehouden

Dutch to English Bus/Financial Investment / Securities
Bewaarneming (open)
Open bewaarneming houdt in dat de bank naast het bewaren van de effecten in een depot tevens bevoegd is alle andere handelingen te verrichten die samenhangen met effectenbezit.
Proposed translations (English)
3 +1 if/where the shares are held in open custody

Proposed translations

+1
9 hrs
Selected

if/where the shares are held in open custody

or 'held in an open custody account'

Maybe that's too simple, but there are quite a few hits for 'open custody (account)' wrt securities, although it's not clear from what I've found that the description you provided applies to such accounts. Perhaps it is not a definition but instead a condition imposed by the bank.
Peer comment(s):

agree jarry (X)
3 mins
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4 KudoZ points awarded for this answer. Comment: "thanks"