Safe Keeping Receipt

Safe Keeping Receipt or SKR, or Safekeeping, is where an asset owner elects to place that asset in the care of an Agent, usually a Bank or a Financial Institution and receives an acknowledgement from the Bank as to their “Safekeeping” of that asset. The asset owner may elect to have such an acknowledgement sent to a third party. A fee may be required for these services.

Definition of Safe Keeping Receipt: the storage of assets or other items of value in a protected area.

Individuals may use self-directed methods of safekeeping or the services of a bank or brokerage firm. Financial institutions are custodians and are therefore legally responsible for the items in safekeeping.

The various assets that can be held in such arrangements range from share, stock or bond holdings to Real Estate Titles, Precious Metals among others. 

Our safekeeping strategy takes protection such as  value documents,precious metals,diamonds, and any other valuable product.

We gives protection to a new level by segregating assets at a depositary level where permitted and by using our own sub-custody network wherever possible.