Safekeeping receipt

Confirmation by the bank or a custodian that a customer has transferred certain assets for safekeeping (a certificate issued by a bank which requires the bank to hold specific funds or securities, gold, etc., unconditionally separate from other assets and return them when requested by the depositor; in this way, the funds, or securities, gold, etc., are not an asset of the bank nor are they, directly or indirectly, subject to any other obligations or debts of the bank). – See Aberdepot, Depotbank, Depotgesetz, Depotquittung, OmnibusKonto, Verwahrstelle, Zentralverwahrer, Zwischenverwahrung.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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