The days of having to hide valuables or important documents in your home are over. Now, you can rest easy knowing that your valuables are in a safe place and you have the proper proof of ownership you need, whenever you need it. Global Trust Depository provides safekeeping receipts that serve as proof of ownership for valuables, while your items are safely and securely in storage.
For over 30 years, Global Trust Depository has been in the business of providing safekeeping receipts for Americans who do business overseas. Larger US financial institutions were unwilling to provide safekeeping receipts, forcing clients to seek them elsewhere. Global Trust Depository carries a stellar reputation of never having suffered the loss of a single client’s asset. Their safekeeping receipts are trusted implicitly and can always be verified by performing a public records search.
Individuals come to Global Trust Depository to acquire safekeeping receipts for various types of assets. Those assets can be share, stock or bond holdings, real estate holdings, precious metals or very valuable jewels. A safekeeping receipt is sought when the owner of these items elects to place them in the care of a third party or agent. A safekeeping receipt differs from having a safety deposit box at a bank in that having a safekeeping receipt means that the owner of the assets can use them as collateral without actually having to present them as proof of ownership. A safekeeping receipt from an institution such as Global Trust Depository means the document can be presented as proof of ownership, in lieu of presenting the actual items or documents. Additionally, a safekeeping receipt provides the peace of mind of knowing that the institution is responsible for the items, not the owner. When stock or bond certificates and other valuables are placed in a safety deposit box, they remain the responsibility of the owner even though they are stored in a bank. With a safekeeping receipt from Global Trust Depository, the issuer is responsible for the items, not the owner. Instead of the owner having to produce these items as collateral, the holder of the safekeeping receipt can, by request, send an acknowledgment of their existence to a third party. It removes the burden of proof from the owner and gives it to the institution to provide the necessary proof. In the event of a default, the owner requests the issuer of the safekeeping receipt to turn those items over to the appropriate third party.
Safekeeping receipts can be the perfect answer for collateral management without having to worry about managing a safety deposit box. By visiting globaltrustdepository, you can acquire more information about why choosing Global Trust Depository is the preferred option over leasing a safety deposit box. Having ready access to collateral without having to physically produce it is convenient and an asset in and of itself. Global Trust Depository is a trusted institution that fills a very important need in financial dealings involving third parties. With Global Trust Depository by your side, your interests are always protected.
