SKR – Safe Keeping Receipt
I just got an SKR on gold deposited in a bank. The SKR was supposed to show that a company had deposited some kilos of gold in a safe locker.
Now what does it really say when the bank issuing the SKR states the following
Quote
The information is furnished to you in strict confidence, without any responsability or guarantee for your private use only and under the express condition that neither this Bank nor any of its officers shall be held in any way responsible for furnishing the information.
Unquote
It says that someone known to them has rented a safe locker and paid the fees for issueing the SKR. It does not guarantee anything more than that.
