Custodial Bank Safe Keeping Receipt (SKR)And Its Uses

1
THE HANSON GROUP OF COMPANIES
The Hanson Group of Companies monetized, leased
and sales
2
CUSTODIAL BANK SAFE KEEPING RECEIPT (SKR)AND ITS
USES
Do you run a business? Then you would know about
the financial instruments and their uses for
business growth. Custodial Bank Safe Keeping
Receipt (SKR)is a form of guarantee in the event
of insolvency of the buyer.
3
When you have significant protections for the
stocks, you may not have a safe spot to store
your bonds, gemstones, and a lot more. At that
point, you will need a safety store box but if
it's private it becomes a questionable one. Hence
all you need is a safe resource where you can
store all the important things. At this point,
you can look at the offshore banks where you can
get the financial instruments.
4
The greatest advantage of having the bank
safekeeping receipt is that you can get access to
cash by holding the SKR as security against the
loan. If you wish, you can also get the SBLC
lease to get the funds required for the business
growth.
5
Why will you need the Custodial Bank Safe Keeping
Receipt (SKR)? The Custodial Bank Safe Keeping
Receipt (SKR) is an important financial
instrument that is used as an alternative
financing tool. These instruments are usually
obtained from banks, storage houses, or any other
financial organization.
6
TYPES OF MONETIZABLE SAFE KEEPING RECEIPTS
? Collectible art ? Fur ? Gold ? Above ground
assets ? Antiques ? Properties ? Valuable
documents ? Bonds ? Precious gems and other
important assets.
7
Know that the safekeeping receipt is not owned by
the issuer bank. If you own valuable items you
can store the valuable items safely with the
safekeeping receipt against them. This
collateral-based banking instrument will offer
alternative financing to those who need the
necessary funds. The safekeeping receipt is
similar to a letter of credit, bonds, standby
letter of credit, and bank guarantee.
8
Know that the issuer of the safekeeping receipt
is not the legal owner of the things you store
against them. Hence they will not own these
assets and they will return the asset to the
owner upon request. Especially if you need any
funds then you can get them when you monetize the
safekeeping receipt. But you will have to pay the
loan with a small interest.
9
If you trade frequently then an SBLC lease will
be a solution to get the necessary funds or
increase the trust between the seller and the
buyer. We all know that getting the required
funds at the banks is more challenging nowadays.
Hence, the SBLC lease will be a perfect choice to
get the required finance. If you have Custodial
Bank Safe Keeping Receipt (SKR) then you can use
it also to get the necessary funds.
10
These financial instruments are easily accessible
at offshore banks. In the business world, it's
always important to have an offshore bank account
since it makes it easier to handle any financial
requirements. Hence make sure you have an
offshore bank account in the right place and
improve your chances of developing the business.
11
Thankyou