Monetize Your Safe Keeping Receipt (SKR):
SOMA will help to arrange the private monetization of Bank Guarantees, Corporate Notes, Precious Metals, Gems, Oil Products and other Commodities that you directly own. Virtually any above the ground assets with a current SKR (Safe Keeping Receipt) can be monetized.
If you have verified Precious Metals, Gems and other Commodities that are held in a depository, financial institution or safekeeping facility we will help to privately monetize them without you losing the commodity and without ever moving that asset or giving up control.
Successful monetization will depend on a number of factors including: the clear title of the commodity and a verifiable Safekeeping Receipt from an acceptable financial institution of Safekeeping Warehouse. Monetization is the process of converting something into legal tender (cash funds).
We can either monetize the instrument to 40%-60% LTV.
An SKR is a financial instrument that can be used for many purposes by providing security over assets, with the consent of the issuer or his bank or safekeeping facility. An SKR involves the storage of assets or other items of value in a protected, secured area. The SKR issuer is the custodian of the asset and is therefore legally responsible for the items in safekeeping.
Individuals who place financial assets, valuables, or documents in safekeeping are issued a safekeeping receipt. These receipts indicate that the asset does not become an asset of the institution and that the asset may be returned to the individual upon request. A fee may be required for these services.
Should you require any of the above documentation please feel free to