What Is A Custodial Bank Safe Keeping Receipt (SKR)? - PowerPoint PPT Presentation

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What Is A Custodial Bank Safe Keeping Receipt (SKR)?

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The owner of a Custodial Bank Safe Keeping Receipt (SKR) can obtain economic benefits from this instrument in the style of an SBLC – PowerPoint PPT presentation

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Title: What Is A Custodial Bank Safe Keeping Receipt (SKR)?


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What Is A Custodial Bank Safe Keeping Receipt
(SKR)?
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  • Custodial Bank Safe Keeping Receipt (SKR) is
    where an owner of the assets decides to place a
    said asset in the care of a financial institution
    (in the form of a trust), and the owner obtains
    an acknowledgment of receipt ( Certificate of
    Custody ) from a said financial institution. The
    owner of such assets has the option of sending
    proof of custody to a third party to demonstrate
    the existence and validity of the asset owned.
  •  
  • The Custodial Bank Safe Keeping Receipt (SKR)
    service can be used with the following assets
    stocks, bonds, real estate, property titles,
    precious metals, oil, or natural reserves, among
    others.

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  • The owner of a Custodial Bank Safe Keeping
    Receipt (SKR)  can obtain economic benefits from
    this instrument in the style of an  SBLC, Bond,
    or Bank Guarantee and use these benefits as an
    alternative source of financing for their
    projects. Our Certificates of Custody ( SKR) are
    provided with an ISIN /  SEDOL code  and can be
    verified in the ISIN / SEDOL  registry of any
    Stock Exchange, as well as having the ability to
    be transferred via  SWIFT.
  •  
  • Bank Instrument Monetization A CERTIFICATE OF
    CUSTODY
  • Bank Instrument Monetization Monetize a
    Certificate of Custody
  •  
  • Monetizing by Bank Instrument Monetization a
    Certificate of Custody (SKR) is the process of
    converting the financial instrument into a legal
    tender transaction. Depending on the monetization
    bank, certain additional conditions may apply.

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  • For example, is the asset lien free, that is
    Does the title free and clear appear on the SKR?
    Aside from the validity of the SKR, the free
    title is the most important aspect of Bank
    Instrument Monetization.
  •  
  • The second most important aspect is the marketing
    of the SKR, as our SKR are issued with an ISIN /
    SEDOL code and can be verified on the London
    Stock Exchange - SEDOL Screen, as well as having
    the ability to SWIFT transfers.
  •  
  • Once monetized usually for a period of one year
    and one day unless otherwise agreed, the escrow
    receipt is then the promise of the monetization
    entity.

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  • With these crucial prospects in place, monetizing
    your custodial receipt can be a safe operation as
    in most cases, you do not move your asset or
    relinquish control (as it is in the hands of a
    Custodial Trustee).
  •  
  • The costs associated with obtaining benefits from
    your SKR must be paid from the funds and not in
    advance. For many reasons, you should never
    arrange for SWIFT or transfer your SKR to any
    person or entity without having a contract in
    place or knowing the parties you are dealing
    with.
  •  
  • Protect your private assets with SRK
  • SRK is a great way to safe keep your private
    assists and to get funds by them when required.
    With the help of Custodial Bank Safe Keeping
    Receipt (SKR), you monetize your private assets
    and get the funds when you need them the most
    without much trouble and continue your business
    while expanding it peacefully without any
    problems.

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