A Custodial Bank Safe Keeping Receipt (SKR) is a financial instrument issued by banks to acknowledge the safekeeping of valuable assets such as gold, bonds, property, collectible art, precious gems, and valuable documents. This instrument serves as collateral for securing loans or facilitating alternative financing without relinquishing ownership of the assets. At Prominence Bank, cli... https://prominencebank.com/custodial-bank-safe-keeping-receipt-skr/