Custodial Bank Safe Keeping Receipt (SKR)

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Custodial Bank Safe Keeping Receipt (SKR)
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• Let us consider that you have important
  securities such as bonds, stocks and other
  valuable things. When you have valuable things at
  home, then the first thing you will have in mind
  is how will I protect them? If you are someone
  who has this confusion then know that you are not
  alone.
• All of us know that keeping valuable things at
  home is not as safe as before. So, what is the
  best choice when it comes to protecting the
  assets?  You must try the Custodial Bank Safe
  Keeping Receipt (SKR). If you already know about
  SKR, then you would have used it before but for
  others,lets discuss about in detail.

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• SKR is a type of financial instrument that can be
  used to protect the gemstone, assets, gold or any
  other valuable things which you have in-house.
  You can store all the things in the financial
  institution and get this banking instrument.
  Where you can get the SKR?
• You can get it from the place where you get the
  SBLC financing. This will reduce the time and
  effort spent on choosing the new financial
  organization to get the banking instrument.
  Nowadays, many businessmen use several banking
  instruments for business growth. Especially if
  they are a buyer of services or goods from an
  unknown seller they will use the financial
  instruments to prove their credit ability and
  carry out smooth trading.

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• These banking instruments are generally used as a
  security which will provide the trust to start
  the business trading. If you have not used these
  instruments till now then you have to try using
  them so that you can improve your business.
• Is Custodial Bank Safe Keeping Receipt (SKR) a
  perfect choice for you?
• Many financial organizations offer the Custodial
  Bank Safe Keeping Receipt (SKR) facility to their
  clients. All you need is to look for such
  organizations where you can get SBLC financing
  and other services that will benefit your
  business. Especially when opening an account at
  these financial organizations make sure that you
  take a look at all the services offered by them.

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• If you think that you can use these services for
  business development then you can open an account
  and use it without any worries. After that, you
  can apply for the Custodial Bank Safe Keeping
  Receipt (SKR) from the financial organization.
  So, what are the things you can store in the
  organization?
• You can store the things such as valuable fur,
  gold, collectible art, valuable documents,
  precious gems, bonds and so on. When you issue
  back the SKR to the financial organization, they
  will return your valuable things. Know that you
  can even monetize the SKR. Yes, you heard it
  right. It can be used as a collateral-based
  banking instrument which offers alternative
  financing to those that need it the most.

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• In simple words, SKR is similar to LC, Bonds,
  SBLC and BG. But know that when you monetize the
  SKR the amount to be obtained will differ based
  on the organization and their rules.

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