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Asset Custody
Please note that Prominence Bank does not accept SKRs issued by external storage facilities. To proceed with any transaction, the assets must be deposited with Prominence Bank. Upon deposit, an SKR will be issued directly by our bank, ensuring full bank responsibility and validity for monetization purposes.
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Yes, you can apply for a loan with a Safe Keeping Receipt (SKR) from Prominence Bank.  The SKR acts as valuable collateral, making it easier to secure a loan.  Here’s what to expect: • Distinct Services: We emphasize that asset custody and loan provision are separate services.  You’ll need to secure custody of your assets...
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