Prominence Bank

What is a Safekeeping Receipt, and how does a custodial SKR arrangement work?

A Safekeeping Receipt (SKR) is generally a document issued under a custody arrangement that identifies an asset held by the custodian and records the relevant custody relationship. It is not cash, a bank guarantee or an automatic source of financing.

Did you find this FAQ helpful?
Thumbs Up Icon 0
Thumbs Down Icon 0
Scroll to Top
.pbdesk-launcher,.pbdesk-float,.pbdesk-root,.pbdesk-frame,.pbdesk-compose,.pbdesk-tabs{display:none!important} /* t277u: hide Jotform bubble while TESS is primary; Sabrina script is loaded only on failover */ #JotformAgent-019c9bf28ddd793f9bc12f9273115509c58e{display:none!important} body.pb-tess-fallback #JotformAgent-019c9bf28ddd793f9bc12f9273115509c58e{display:block!important}