According to the Risk Management Annex of the T&C-BGC, the following collateral may be deposited in favour of APCS:

• Pledge agreement for euro cash deposits
• Pledge agreement for securities
• Guarantees from a bank in the EU or Switzerland that is independent of the BGR. Independence is no longer considered to be present if the guaranteed bank holds a direct or indirect stake of more than 10% in the BGR. APCS reserves the right to reject guarantees from banks that have not been rated by an international rating agency.

Templates for collateral and sample documents for direct debit authorisation, declaration of registration, letter of comfort and various sample contracts can be found below.