How Custodial Bank Safe Keeping Receipt (SKR) Drives Growth - PowerPoint PPT Presentation

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How Custodial Bank Safe Keeping Receipt (SKR) Drives Growth

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There is always scope for something innovative happening around in the finance sector and custodial bank safekeeping receipt (SKR) is one of those financial instruments. – PowerPoint PPT presentation

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Title: How Custodial Bank Safe Keeping Receipt (SKR) Drives Growth


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How Custodial Bank Safe Keeping Receipt (SKR)
Drives Growth
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  • There's always scope for something innovative
    happening around in the finance sector, and
    custodial bank safekeeping receipt (SKR) is one
    of those financial instruments. In today's age,
    business is about utilising resources or assets
    to the optimal level. The introduction of
    safekeeping receipts has offered business owners
    an opportunity to have their assets secured by a
    reputed financial institution and use SRKs to
    fund business projects at the same time. The
    closest example is a Standby Letter of Credit.
    Banks, on the other hand, offer cash against the
    valuable assets to respective owners. The
    credibility aspect makes a lot of sense, given
    the worth of assets placed under storage.

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  • 1. Custodial Bank Safe Keeping Receipt (SKR) and
    Project FundingNot long ago, business units were
    denied an opportunity due to the absence of
    financial instruments such as custodial bank
    safekeeping receipt (SKR). The traditional
    financial instruments lacked the client-centric
    approach. These receipts work similarly to how
    the traditional model works. Your assets are
    protected by the bank. You don't lose ownership
    and keep account of the assets all the time.
    Individuals and companies can utilise the
    instrument and fund their projects. It's how the
    whole transaction pans out that wins the
    confidence of modern business owners and
    entrepreneurs.

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  • The whole system is straight forward, and it
    saves you a lot of time, paperwork. These
    instruments serve a specific purpose. It
    entertains the queries of individuals and
    professionals who want to start a business, but
    they don't want to follow the old-school model.
    There is no upfront fee or charges in order.
    Banks manage every single aspect related to
    issuing a receipt against the assets. Your role
    is to take the receipt, learn about the process
    and start focusing on business.

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  • 2. Custodial Bank Safe Keeping Receipt (SKR) and
    MonetisationHow safe is it to monetise the
    custodial bank safekeeping receipt (SKR)? It is
    one of the best options for alternative financing
    in the market. As a business owner, you've
    complete authority to go ahead and monetise the
    safekeeping receipt. It's the homework you need
    to do, before making the arrangements where you
    stand a chance to lose and make a grave error in
    judgement.The risk factor comes back to bite or
    haunt at the failure to verify the bank or read
    the documents carefully. You should either
    research on some of the top-rated banks dealing
    in safekeeping receipts or hire the services of a
    professional equipped with the knowledge,
    expertise to guide you in the right direction.
    Your assets are your life's work. You don't want
    to hand it over to an institution without running
    a background check first and then monetising them
    knowing the ins and outs of the deal.

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