SKR TRADE is a division of VGC TRADINGfocused on the procurement of transactions for the monetization of assets stored/held in Safekeeping, and having a Safe Keeping Receipt (SKR).
Are you interested in, and/or do you seek and/or desire monetization of/for a Safe Keeping Receipt (SKR)?
PROCEDURES FOR MONETIZATION
1) Send us a Client Information Summary/Sheet (CIS), Company registration/certificate if applicable, Passport copy for the Authorized Representative/Signatory, and the SKR, and any/all available documents related and/or pertaining to the SKR and asset(s) in safekeeping, for necessary review, and appropriate and proper preparation of necessary agreement(s) for engagement and monetization.
2) For bank issued SKR(s), if possible, clients should either already have, or be able to have the instrument(s)/asset(s) deposited with a custodian bank for safekeeping, and the safekeeping/custodian bank must accept said instrument(s)/asset(s) as collateral for the issuance of a Standby Letter of Credit ("SLC/SBLC") to be transmitted and delivered via SWIFT MT700/MT760 for monetization;
If not possible, and/or for non-bank issued SKR(s), depending on the type of SKR and asset(s), VGC may be willing and able to customize a monetization structure and process that would involve an Equity merger of/for a special-purpose entity that the SKR is and/or would/will/shall be issued to. 3) Execute Deed of Agreement (DOA) for SKR-backed, SLC/SBLC monetization, or Merger Agreement for private equity-structured monetization.
4) For bank issued SKR(s), if the SKR issuing bank is willing and able to issue a SLC/SBLC from the SKR for monetization, then according to the Deed of Agreement (DOA), and its monetization structure/terms, the full, lump-sum, or first monthly financing/monetization fee payment will be within ten (10) banking days after the SWIFT instrument is received, verified, authenticated and accepted by the VGC TRADING (Monetizer) designated Receiver bank and credit to the receiving account;
For private equity-structured monetization, the structure/terms of/for financing/monetization fee payment(s) will be custom, and negotiable in/for any/all case(s).
For further details, to explore/discuss possibilities, and to discuss and negotiate terms, please contact us to schedule the soonest available (telephone call/conference) appointment time that's convenient for you by submitting the contact form below: