{"id":714,"date":"2020-06-08T12:35:30","date_gmt":"2020-06-08T12:35:30","guid":{"rendered":"https:\/\/exetergroupofcompanies.com\/?page_id=714"},"modified":"2025-01-12T21:11:17","modified_gmt":"2025-01-12T21:11:17","slug":"custodial-bank-safe-keeping-receipt-cskr-skr","status":"publish","type":"page","link":"https:\/\/exetergroupofcompanies.com\/en_za\/custodial-bank-safe-keeping-receipt-cskr-skr\/","title":{"rendered":"Custodial Bank Safe Keeping Receipt (CSKR\/SKR)"},"content":{"rendered":"<div data-elementor-type=\"wp-page\" data-elementor-id=\"714\" class=\"elementor elementor-714\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-20f6dbb elementor-section-height-min-height elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-items-middle\" data-id=\"20f6dbb\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-567d229\" data-id=\"567d229\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-23e00ca elementor-widget elementor-widget-heading\" data-id=\"23e00ca\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Custodial Bank Safe Keeping Receipt (CSKR\/SKR)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-829c342 elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"829c342\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-769bfc3\" data-id=\"769bfc3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0821c5f elementor-widget elementor-widget-heading\" data-id=\"0821c5f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">We at Exeter Group Assists You with Your Business<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-52c0b05 elementor-widget elementor-widget-text-editor\" data-id=\"52c0b05\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>YOU CAN ORDER A SAFE KEEPING RECEIPT (SKR) TO PROTECT YOUR DEPOSIT. THIS OCCURS WITHOUT PAYING ANY UPFRONT FEES TO BANKS!<\/p><p>Six months after an SKR is issued, you can pay the full banking cost to help protect your assets. Contact us to learn more about how an SKR can assist you in your financial future.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-307ffed\" data-id=\"307ffed\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c2dd274 elementor-widget elementor-widget-image\" data-id=\"c2dd274\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"450\" height=\"300\" src=\"https:\/\/exetergroupofcompanies.com\/wp-content\/uploads\/2025\/01\/custodian.jpg\" class=\"attachment-large size-large wp-image-3327\" alt=\"\" srcset=\"https:\/\/exetergroupofcompanies.com\/wp-content\/uploads\/2025\/01\/custodian.jpg 450w, https:\/\/exetergroupofcompanies.com\/wp-content\/uploads\/2025\/01\/custodian-300x200.jpg 300w, https:\/\/exetergroupofcompanies.com\/wp-content\/uploads\/2025\/01\/custodian-18x12.jpg 18w\" sizes=\"(max-width: 450px) 100vw, 450px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1d81015 elementor-section-content-top elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1d81015\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-feeb7cc\" data-id=\"feeb7cc\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8a0de6d elementor-widget elementor-widget-heading\" data-id=\"8a0de6d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is a Bank Endorsed Safe Keeping Receipt (SKR)?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-171c16c elementor-widget elementor-widget-text-editor\" data-id=\"171c16c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"mp-row-fluid motopress-row motopress-row-edge ce_controls\" data-motopress-styles=\"{\" data-motopress-parameters=\"{\" data-motopress-resize=\"none\" data-motopress-group=\"mp_grid\" data-motopress-shortcode=\"mp_row_inner\" data-motopress-close-type=\"enclosed\"><p><strong>Safe Keeping Receipt (SKR) \u2013 A Versatile Financing Tool<\/strong><\/p><div class=\"mp-span12 motopress-clmn ui-resizable\"><div class=\"motopress-text-obj\"><div id=\"wpi_shortcode\" class=\"wpi_icon wpi_icon_star\"><p>At Exeter Group of Companies LLC, we provide access to SKRs, a trusted alternative financing instrument issued by banks, storage facilities, or alternative financing institutions.<\/p><p><strong>Monetizable SKR Types:<\/strong><\/p><ul><li>Fur<\/li><li>Collectible Art<\/li><li>Gold<\/li><li>Above-Ground Assets<\/li><li>Property<\/li><li>Antiques<\/li><li>Valuable Documents<\/li><li>Precious Gems<\/li><li>Bonds<\/li><\/ul><p><strong>Key Features of SKR:<\/strong><\/p><ol><li><p><strong>Ownership and Collateral:<\/strong><\/p><ul><li>Issuers of SKRs do not own the assets, and these must be returned if requested.<\/li><li>Asset owners can leverage SKRs as a collateral-based financing tool.<\/li><\/ul><\/li><li><p><strong>Monetization:<\/strong><\/p><ul><li>SKRs can be used as cash in transactions, subject to financial institution terms.<\/li><li>Title clearance is essential for successful monetization.<\/li><li>Typically, the monetization term is one year and one day.<\/li><\/ul><\/li><li><p><strong>Security:<\/strong><\/p><ul><li>Assets remain under your control and are not physically moved.<\/li><li>Fees are paid from proceeds, not upfront, ensuring risk mitigation.<\/li><\/ul><\/li><\/ol><p><strong>Client Deposit Protection with Three Levels of Security<\/strong><\/p><p><strong>1. Non-Performance Penalty:<\/strong><\/p><ul><li>A 2% penalty applies if either party fails to perform under the contract:<ul><li>If the provider issues an invoice and the beneficiary\u2019s bank fails to respond or pay.<\/li><li>If the beneficiary\u2019s bank is ready but the provider\u2019s bank fails to deliver the SKR via SWIFT MT-542.<\/li><\/ul><\/li><\/ul><p><strong>2. Deposit Refund Program:<\/strong><\/p><ul><li>Agreements are <strong>bank-endorsed<\/strong> with full responsibility as an insurance wrap.<\/li><li>The bank assumes responsibility for payment upon transaction completion.<\/li><li>Exeter Group is the only Bank Instrument Facilitator guaranteeing 100% of your initial deposit through bank endorsement before any client payment is released.<\/li><\/ul><p><strong>3. Attorney\u2019s Client Trust Account:<\/strong><\/p><ul><li>Payments are made exclusively to a client trust account managed by an attorney, ensuring transparency and safety.<\/li><li>Banking details are provided by an Exeter Group compliance officer and included in your invoice.<\/li><\/ul><p><strong>Advantages of Purchasing an SKR from Exeter Group:<\/strong><\/p><ol><li>Partnerships with small, non-rated offshore banks.<\/li><li>SKRs available in USD and EUR.<\/li><li>Low banking fees (2%) plus a 2% commission.<\/li><li>Flexible payment terms\u20146 months to complete full banking fees.<\/li><li>Contracts are signed within 72 hours of completion.<\/li><li>Guaranteed 100% deposit protection.<\/li><li>SWIFT MT-542 transfers with no extra fees.<\/li><li>No corporate or personal credit checks.<\/li><li>No project documentation required.<\/li><li>Brokers earn up to 1.5% commission.<\/li><li>SKRs customized to client needs.<\/li><li>A 2% non-performance clause in all contracts.<\/li><\/ol><p><strong>Protect Your Assets and Leverage Financing with Confidence<\/strong><\/p><p>Contact Exeter Group today to explore how our SKR services can meet your financial needs while ensuring full deposit security!<\/p><\/div><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f5aba27 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f5aba27\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a4edf2e\" data-id=\"a4edf2e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6af60c7 elementor-widget elementor-widget-heading\" data-id=\"6af60c7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Deposit Requirements for Lease KTT MT103 One-Way:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c2af2fb elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c2af2fb\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-1da6dd2\" data-id=\"1da6dd2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1e7f1f8 elementor-widget elementor-widget-heading\" data-id=\"1e7f1f8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Prices in EUROS<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-7d7418f\" data-id=\"7d7418f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a6f8558 elementor-alert-info elementor-widget elementor-widget-alert\" data-id=\"a6f8558\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"alert.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-alert\" role=\"alert\">\n\n\t\t\t\t\t\t<span class=\"elementor-alert-title\">Please Note:<\/span>\n\t\t\t\n\t\t\t\t\t\t<span class=\"elementor-alert-description\">Note: Deposits are required to be paid immediately after the agreement is signed by all parties and bank endorsement. This Due-Diligence and Bank Account Opening deposit is Non-Refundable and it is not deductible from the  SKR banking fees payable 6 months after the issuance of the SKR.<\/span>\n\t\t\t\n\t\t\t\t\t\t<button type=\"button\" class=\"elementor-alert-dismiss\" aria-label=\"Dismiss this alert.\">\n\t\t\t\t\t\t\t\t\t<span aria-hidden=\"true\">&times;<\/span>\n\t\t\t\t\t\t\t<\/button>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9b7ebcd elementor-section-height-min-height elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-items-middle\" data-id=\"9b7ebcd\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-bbcda83\" data-id=\"bbcda83\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-438a14c elementor-widget elementor-widget-image\" data-id=\"438a14c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"800\" src=\"https:\/\/exetergroupofcompanies.com\/wp-content\/uploads\/2025\/01\/No-Initial-Deposit.jpg\" class=\"attachment-large size-large wp-image-3331\" alt=\"\" srcset=\"https:\/\/exetergroupofcompanies.com\/wp-content\/uploads\/2025\/01\/No-Initial-Deposit.jpg 1024w, https:\/\/exetergroupofcompanies.com\/wp-content\/uploads\/2025\/01\/No-Initial-Deposit-300x300.jpg 300w, https:\/\/exetergroupofcompanies.com\/wp-content\/uploads\/2025\/01\/No-Initial-Deposit-150x150.jpg 150w, https:\/\/exetergroupofcompanies.com\/wp-content\/uploads\/2025\/01\/No-Initial-Deposit-768x768.jpg 768w, https:\/\/exetergroupofcompanies.com\/wp-content\/uploads\/2025\/01\/No-Initial-Deposit-12x12.jpg 12w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-24c7a3b\" data-id=\"24c7a3b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b4c0b7a elementor-widget elementor-widget-heading\" data-id=\"b4c0b7a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">If you Do NOT have Initial Deposit Funds and want a FREE Bank Instrument.<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e40a56e elementor-mobile-align-center elementor-align-center elementor-widget elementor-widget-button\" data-id=\"e40a56e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/exetergroupofcompanies.com\/en_za\/services\/acquisitions\/brokers-consultants-levels\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Apply Here<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-10560df elementor-section-content-top elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"10560df\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c671d5b\" data-id=\"c671d5b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5263e90 elementor-widget elementor-widget-heading\" data-id=\"5263e90\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><h3><strong><img decoding=\"async\" class=\"lazy size-full wp-image-5788 lazy-loaded alignleft\" src=\"https:\/\/www.thehansongroupofcompanies.com\/wp-content\/uploads\/2016\/06\/logo.png\" alt=\"\" width=\"80\" height=\"80\" data-lazy-type=\"image\" data-lazy-src=\"https:\/\/www.thehansongroupofcompanies.com\/wp-content\/uploads\/2016\/06\/logo.png\" data-lazy-srcset=\"https:\/\/www.thehansongroupofcompanies.com\/wp-content\/uploads\/2016\/06\/logo.png 80w, https:\/\/www.thehansongroupofcompanies.com\/wp-content\/uploads\/2016\/06\/logo-50x50.png 50w\" data-lazy-sizes=\"(max-width: 80px) 100vw, 80px\" \/>\u00a0<\/strong><\/h3>\n<h1><span style=\"color: #000000\"><strong>Bank Endorsed Safe Keeping Receipt (SKR) Closing Process:\u00a0<\/strong><\/span><\/h1><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2698916 elementor-widget elementor-widget-text-editor\" data-id=\"2698916\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ol><li>Provider and Beneficiary execute, sign and initiate this Letter of Intent \/ Memorandum of Understanding, which thereby automatically becomes a full commercial recourse contract agreement.<\/li><li>One Banking day the Provider Bank Endorsed this agreement guarantee the Beneficiaries payment for the:<ul><li>Due-Diligence<\/li><li>Swift Transmission (MT542) or Hard Copy of the SKR<\/li><li>Bank account opening<\/li><li>Beneficiary Verification<\/li><li>Bank Delivery Coordinates Compliance Assessment<\/li><\/ul><\/li><li>Beneficiary,within two(2) international banking days,instructs his Bank to send swift transmission\/portfolio reservation cost of $__________ (_____________ Thousand USD) by wire transfer to the Providers\u00a0provided receiving bank coordinates, and emails a copy of the wire transfer receipt to the Provider.<\/li><li>Within three(3) banking days after the Providers Bank has received above bank swift transmission, Beneficiary should block the assets in favor of ___________ Bank or send the assets to the bank address provided in this agreement.<\/li><li>Within ten(10) banking days Providersissuingbank after authenticated the block of assets under providers bank name or after received the physical assets to the bank address provided in this agreement, then issues and sends the SKR with full bank responsibility as per\u00a0<strong>EXHIBIT C.<\/strong>(Provider shall provide a copy of said SKRto the Beneficiary by email).<\/li><li>The Beneficiariesverifies, and pays for the SKR, and additionally pay out the 2% consultancy fees\/commissions, as per the Irrevocable Master Fee Protection Agreement (IMFPA) within Six (06) Month after receipt and authentication of SWIFT MT-542 or proof of delivery of the Hard Copy of the SKR.<\/li><li>If after the previous period, the payment has not to be made or bank payment undertaking has not been received, the provider will proceed with the cancellation of the bank instrument and any payment made by the beneficiary is considered non-refundable.<\/li><li>All subsequent tranches will be based on the same procedures until collateral or funds become exhausted.<\/li><\/ol><p><strong>Required Documents:<\/strong><\/p><ol><li>Fill out the SKR Application Below<\/li><li>When you\u2019ve finished the SKR Application you need to proceed with email it to: support@exetergroupofcompanies.com<\/li><\/ol><p><strong>Compliance Standard:<\/strong><\/p><ul><li><strong>Accepted Standard<\/strong>: Clients must abide by our standards and accurately fill out the application online.<\/li><li><strong>Rejected Standard:<\/strong><ul><li>Any provider that is listed on the\u00a0Forbidden Assets and Financial Instrument List.<\/li><li>Any situation where a client cannot or will not pay the deposit.<\/li><\/ul><\/li><\/ul><p><strong>Important\u00a0Information:<\/strong><\/p><ol><li>With our Banking Instrument delivery service, everything is non-negotiable. We will not alter the price of any part of this service.<\/li><li>There is no way to have a\u00a0<strong>FREE SKR<\/strong>\u00a0or to allow a client to pay for the initial deposit after the SKR has arrived. If this is not paid, then no SKR will ever be delivered. Banks will not deliver any bank instruments until the funds are secure.<\/li><li>Exeter \u00a0Group of Companies do <strong>NOT<\/strong>\u00a0receive any payment from his clients outside the attorney\u2019s client trust account. Therefore\u00a0are\u00a0<i>NOT RESPONSIBLE\u00a0<\/i> for any payment made to any third party including Exeter Group brokers nor delegation office.<\/li><li>We don\u2019t issue\u00a0<strong>RWA<\/strong>\u00a0or\u00a0<strong>BCL<\/strong>\u00a0letter. This tactic is normally used by clients to shop around for a credit line with the receiving institution with a banking letter confirming there is a bank instrument ready to be issued on their name. We will never allow this to happen under our company name.<\/li><\/ol><div id=\"wsb-element-7e91fb17-3821-4de1-9374-2d305065cd22\" class=\"wsb-element-text\" data-type=\"element\"><div class=\"mp-row-fluid motopress-row\"><div class=\"mp-span10 motopress-clmn\"><div class=\"motopress-text-obj\"><p><i class=\"\"><\/i><span class=\"wpi_text\">Download the Custodial Bank Safe Keeping Receipt<\/span><\/p><\/div><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c9dcd65 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c9dcd65\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6696893\" data-id=\"6696893\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9189787 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"9189787\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/exetergroupofcompanies.com\/wp-content\/uploads\/2025\/01\/EGC-SKR-Agreement-form.docx\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Download the Custodial Bank Safe Keeping Receipt (SKR) \u2013 Application &amp; Agreement Here!<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-16e223c elementor-widget elementor-widget-heading\" data-id=\"16e223c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Read the Custodial Bank Safe Keeping Receipt (SKR) \u2013 Application &amp; Agreement Below<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b3fb198 elementor-widget elementor-widget-bae-doc-embedder\" data-id=\"b3fb198\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"bae-doc-embedder.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t      <div class=\"my-doc\">\r\n\t\t<iframe src=\"https:\/\/docs.google.com\/viewer?url=https:\/\/exetergroupofcompanies.com\/wp-content\/uploads\/2025\/01\/EGC-SKR-Agreement-form.pdf?download=false&#038;embedded=true&amp;embedded=true\"  allowfullscreen>\r\n\t\t<\/iframe>\r\n\t<\/div>\r\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-264715d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"264715d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-82c05f6\" data-id=\"82c05f6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f7ec44a elementor-align-center elementor-widget elementor-widget-button\" data-id=\"f7ec44a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/exetergroupofcompanies.com\/wp-content\/uploads\/2025\/01\/EGC-SKR-Draft.docx\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Download the Custodial Bank Safe Keeping Receipt (SKR) Sample Here!<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-db137d5 elementor-widget elementor-widget-heading\" data-id=\"db137d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Read the Custodial Bank Safe Keeping Receipt (SKR) Sample Below<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8a32966 elementor-widget elementor-widget-bae-doc-embedder\" data-id=\"8a32966\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"bae-doc-embedder.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t      <div class=\"my-doc\">\r\n\t\t<iframe src=\"https:\/\/docs.google.com\/viewer?url=https:\/\/exetergroupofcompanies.com\/wp-content\/uploads\/2025\/01\/EGC-SKR-Draft.pdf?download=false&#038;embedded=true&amp;embedded=true\"  allowfullscreen>\r\n\t\t<\/iframe>\r\n\t<\/div>\r\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9145b69 elementor-section-height-min-height elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-items-middle\" data-id=\"9145b69\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-0a74e40\" data-id=\"0a74e40\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0226433 elementor-widget elementor-widget-heading\" data-id=\"0226433\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Become An <br>Exeter Group <br>Broker Today!<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d6338db elementor-mobile-align-center elementor-align-center elementor-widget elementor-widget-button\" data-id=\"d6338db\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/exetergroupofcompanies.com\/en_za\/services\/acquisitions\/brokers-consultants-levels\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Apply Now<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-28c88bf\" data-id=\"28c88bf\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-71bca51 elementor-widget elementor-widget-image\" data-id=\"71bca51\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"258\" src=\"https:\/\/exetergroupofcompanies.com\/wp-content\/uploads\/2025\/01\/Exeter-Certified-1024x330.png\" class=\"attachment-large size-large wp-image-3415\" alt=\"\" srcset=\"https:\/\/exetergroupofcompanies.com\/wp-content\/uploads\/2025\/01\/Exeter-Certified-1024x330.png 1024w, https:\/\/exetergroupofcompanies.com\/wp-content\/uploads\/2025\/01\/Exeter-Certified-300x97.png 300w, https:\/\/exetergroupofcompanies.com\/wp-content\/uploads\/2025\/01\/Exeter-Certified-768x248.png 768w, https:\/\/exetergroupofcompanies.com\/wp-content\/uploads\/2025\/01\/Exeter-Certified-1536x495.png 1536w, https:\/\/exetergroupofcompanies.com\/wp-content\/uploads\/2025\/01\/Exeter-Certified.png 2048w, https:\/\/exetergroupofcompanies.com\/wp-content\/uploads\/2025\/01\/Exeter-Certified-18x6.png 18w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Custodial Bank Safe Keeping Receipt (CSKR\/SKR) We at Exeter Group Assists You with Your Business YOU CAN ORDER A SAFE KEEPING RECEIPT (SKR) TO PROTECT YOUR DEPOSIT. THIS OCCURS WITHOUT PAYING ANY UPFRONT FEES TO BANKS! Six months after an SKR is issued, you can pay the full banking cost to help protect your assets. [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-714","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/exetergroupofcompanies.com\/en_za\/wp-json\/wp\/v2\/pages\/714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exetergroupofcompanies.com\/en_za\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/exetergroupofcompanies.com\/en_za\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/exetergroupofcompanies.com\/en_za\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/exetergroupofcompanies.com\/en_za\/wp-json\/wp\/v2\/comments?post=714"}],"version-history":[{"count":96,"href":"https:\/\/exetergroupofcompanies.com\/en_za\/wp-json\/wp\/v2\/pages\/714\/revisions"}],"predecessor-version":[{"id":3671,"href":"https:\/\/exetergroupofcompanies.com\/en_za\/wp-json\/wp\/v2\/pages\/714\/revisions\/3671"}],"wp:attachment":[{"href":"https:\/\/exetergroupofcompanies.com\/en_za\/wp-json\/wp\/v2\/media?parent=714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}