What is safe keeping receipt

what is safe keeping receipt

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Sake Keeping Receipts (SKR) - Hierarchical Monetization
An SKR is a financial instrument that is issued by a safekeeping facility, bank or storage house. In storage, assets or other valuables are in a safe, secure. 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. A Safe Keeping Receipt is where an asset owner elects to place that asset in the care of an Agent (in custody with a fiduciary role), usually a Bank or a.
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