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| Discuss Safe keeping reciept (skr) at the Investors Grieviences within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi friends, I want to know about SKR(safe keeping reciept) ....how can we use it ... |
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#1
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Hi friends, I want to know about SKR(safe keeping reciept) ....how can we use it and what are the precaution to use SRK...I googled for info but not get any clear information about SKR...If any one know about it please share information for SKR..... |
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#2
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Is it in relation to banking?
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#3
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yes it is vijayvaliya...using skr of a person trades are done international level...i don't know anymore info about it...thats why asking here for learning purpose....
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#4
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Quote:
I know this is incomplete, if you i get anything more, i will update you again |
| The Following User Says Thank You to vijayvaliya For This Useful Post: | ||
VJAY (17th December 2010) | ||
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#5
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Quote:
Its kind of guarantee. Say you have a fixed deposit of 1 lakh but you need money now. You approach your bank .. who issue a guarantee which you can use. Or in more general term... say you are two brothers and your brother wants some money from you. But you don't trust your brother and can't risk you money. But you agreed that if your father give a guarantee to pay you if your brother default. so that guarantee in black and white called SKR. |
| The Following 2 Users Say Thank You to rajeabc For This Useful Post: | ||
vijayvaliya (18th December 2010), VJAY (17th December 2010) | ||
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#6
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#7
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I don't think so...
Have a look on the article below.. http://ezinearticles.com/?Safe-Keepi...ing&id=4808637 |
| The Following User Says Thank You to rajeabc For This Useful Post: | ||
VJAY (18th December 2010) | ||
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