Understanding Safekeeping Receipts (SKR): What They Are and Why They Matter
In the world of global finance, investment security and documentation are everything. Whether you’re a private investor, a corporation, or an institution handling high-value assets, protecting those assets requires more than just a physical vault—it requires official documentation. That’s where a Safekeeping Receipt (SKR) comes in.
At Global Trust Depository, we provide reliable custodial and safekeeping solutions tailored to the needs of investors and asset holders worldwide. In this article, we’ll break down what a safekeeping receipt is, when it’s used, and why it’s critical to asset security and transactional trust.
What Is a Safekeeping Receipt (SKR)?
A Safekeeping Receipt (SKR) is a financial document issued by a licensed depository or custodian that confirms the deposit of a specific asset. This asset could be:
- Cash instruments (e.g., bank drafts, certificates of deposit)
- Physical assets (e.g., precious metals, artwork, historical documents)
- Financial instruments (e.g., SBLC, BG, bonds, etc.)
The SKR acts as proof of ownership and custody. While it does not transfer ownership or title, it verifies that the asset is being safely held on behalf of the client.
When Are SKRs Used?
SKRs are typically used in:
- Private placement programs (PPP)
- Collateral-based financing
- Investment security
- Asset protection and proof of funds
- Structured project funding
Banks and financial institutions often require a valid SKR when performing due diligence or structuring funding for large-scale projects.
Why Choose Global Trust Depository for Safekeeping?
At Global Trust Depository, we’ve been offering safe, regulated custodial services since 1979. When you choose us for SKR services, you benefit from:
- Confidential and secure asset protection
- Third-party validation to strengthen your financial standing
- Recognized documentation accepted by financial institutions globally
- Personalized support from experienced professionals
- Compliance-driven practices to ensure trust and transparency
Whether you’re storing physical assets or need a custodian for documents, we offer customized safekeeping solutions tailored to your business or investment needs.
Key Benefits of a Safekeeping Receipt
- ✅ Verified documentation of asset custody
- ✅ Increased credibility for financial dealings
- ✅ Risk mitigation for both parties in a transaction
- ✅ Enhanced security and reduced liability
- ✅ Professional asset management from a licensed depository
How to Obtain a Safekeeping Receipt
- Schedule a Consultation – Let’s discuss your specific asset or documentation needs.
- Asset Review & Verification – We confirm asset authenticity and value.
- Custody Agreement – A legal agreement is signed between you and Global Trust Depository.
- Issuance of SKR – We issue your formal Safekeeping Receipt and securely store the asset.
Frequently Asked Questions (FAQs)
Is a safekeeping receipt the same as ownership?
No. An SKR confirms custody, not ownership. It proves that the asset is safely stored under agreed terms.
Can an SKR be used as collateral?
Yes. In many cases, SKRs are used in collateralized transactions, provided the receiving party accepts them and proper due diligence is performed.
Is Global Trust Depository a licensed custodian?
Yes. We are a fully licensed, insured, and compliant depository providing safekeeping services since 1979.
How long does it take to receive an SKR?
The timeline depends on asset type and verification, but typically ranges from 3–10 business days.
Are SKRs accepted globally?
Yes. Our documentation is recognized by major financial institutions and intermediaries around the world.
Secure Your Assets with Confidence
If you’re ready to protect your high-value assets with a trusted SKR, let Global Trust Depository be your partner in asset custody and financial confidence.
Contact us today to learn more about our safekeeping solutions or request a consultation.
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