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A private depository has become necessary for more clients that require the trust and protection of their valuable assets that they cannot find at the chain bank branches. There are many benefits to keeping a private depository including for: safekeeping receipts, authentication services and for evaluation services of assets. These services are invaluable for many companies and professionals and only a partnership with a trust depository can give you the peace of mind in knowing that your valuable documents and assets are under the most reliable protection available. Why Choose a Trust Depository for Private Depository Needs? 1. Safekeeping Receipts A trust depository can accept almost any kind of asset for safekeeping. This service establishes partnerships with local bank vaults, and these vaults are used as storage facilities. This means that clients do not have to travel far for their safekeeping purposes, providing unmatchable convenience and ease of use. The trust depository company will issue a safekeeping receipt, to be used as proof of ownership and for the purpose of transferring asset ownership, should that scenario arise. Safekeeping Receipts can be verified by private parties and banking institutions with written consent from the asset owner. Safekeeping fees are generally based on criteria including: the value of the asset, its physical size and the terms of services. 2. Authentication Services If a client needs an asset authentication services, a trust depository company can fulfill this need. This includes authentication for assets such as: • Historical documents • Trusts • No longer circulated paper money • Coins • Stocks • Any assets of potential value Once authentication has been completed an authentication report will be issued to the owner. This can be used with any Bill of Sale or Lease Agreement. An authentication report can be verified at any time through the trust depository’s offices with authentication report codes, which will be assigned with the service. 3. Asset Evaluation This service has the ability to evaluate the potential value of any asset. The evaluators that work for the service are the most experienced in the field. They will vouch for their findings at all times. Evaluators are assigned to evaluate the asset that they specialize in. Some examples of this include: • Monetary values are completed by Certified Public Accountants (CPA). • Gemstones are appraised by qualified gemstone appraisers in the area. The appraiser always carries at least one GIA designation. • Art work and heirlooms are contracted out to large and experienced antique evaluators in the US. With top tier asset evaluation services any client will know that they are getting the best advice and insight into their asset’s true value. Global Trust Depository provides private depository services, safekeeping receipts, assets evaluation and authentication services. The company was established in 1979 and has always maintained their promise to provide confidentiality and reliability for their clients. Throughout their years in business, there has never been an incident of a lost asset. To find out more visit, www.globaltrustdepository.com.
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