Safe Keeping Receipt

With our three levels of protection, you don’t have to worry about your security:

1. A Two Percent (2%) Non-Performance Penalty

• A two per cent (2%) damage fee will be charged to a party who fails to perform. The 2% applies in both cases, either when the Provider has sent a corporate invoice which the beneficiary’s bank does not respond to or pay, and/or when the beneficiary’s bank is ready, willing, and able to provide the BANK INSTRUMENTS and no BANK INSTRUMENTS are delivered by the provider bank via SWIFT MT-760, DTC, Euroclear, or Bloomberg.

2. A deposit refund program (all our agreements are bank-approved (certifiable) with full bank responsibility as an insurance package)

• With our agreement with banks, that bank becomes responsible for the payment when the transaction is completed.

• When a bank confirms an agreement, the bank becomes responsible before the customer pays any fees to our company. We are the only banking instrument brokers in the world that guarantee 100% of your initial deposit through bank verification before the client authorizes any payment

3. Attorneys' Client Trust Account

• Once your agreement has been approved by the compliance department and confirmed by the bank, payment must ONLY AND EXCLUSIVELY be made into a solicitor’s office escrow account. These bank coordinates are provided directly by a PT.BAT INSTRUMEN BANK INTERNASIONAL Compliance Officer (CCO) and included in your invoice

This refund program protects our customers and ensures that deposits

We Utilize this Program with Small Banks (Non-Rated Offshore Banks)

1. We offer arrangements in USD as well as EUROs.
2. We offer a low rate of 2% for SKR banking fees.
3. It takes 6 months to finish banking fees for full payment after issuance.
4. We promise that after an agreement is completed, we will sign it within 72 hours.
5. We protect your initial deposit 100 per cent.
6. SKR can be SWIFT MT-542 to any bank in the world with no extra fee.
7. No Corporate or Personal Credit Checks
8. No Documentation is Necessary for your Project.
9. Brokers can earn a commission of up to €/$ 5,000 for the custody account opening services.
10. SKR is specifically designed for each client.
11. Non-performance clause of 2% in all contracts.

Bank Endorsed SKR Deposit Requirements for Custody Bank Account Opening:

Bank Endorsed Safe Keeping Receipt (SKR) Closing Process:

1. Provider and Beneficiary execute, sign, and initiate this Letter of Intent / Memorandum of Understanding, which automatically becomes a full commercial recourse contract agreement.

2. One Banking day, the Provider Bank Endorsed this agreement, guarantee the Beneficiaries' payment for the:

• Due-Diligence
• Hard Copy of the SKR
• Bank account opening
• Beneficiary Verification
• Bank Delivery Coordinates Compliance Assessment

3. The beneficiary, within two (2) international banking days, instructs his Bank to send a swift transmission bank account opening fee of $/€ 25,000 (Twenty Five Thousand EURO/USD) by wire transfer to the Providers provided receiving bank coordinates, and emails a copy of the wire transfer receipt to the Provider

4. Within ten (10) banking days, Providers issue a bank after authenticating the block of assets under the provider’s bank name or after receiving the physical assets to the bank address provided in this agreement, then issue and sends the SKR with full bank responsibility as per EXHIBIT C. (Provider shall provide a copy of said SKR to the Beneficiary by email).

5. The Beneficiaries verify and pay for the SKR cost within six (06) Months after receiving the Hard Copy of the SKR.

6. If, after the previous period, the payment has not been made or the bank payment undertaking has not been received, the provider will proceed with the cancellation of the bank instrument, and any payment made by the beneficiary is considered non-refundable.

7. All subsequent tranches will be based on the same procedures until collateral or funds become exhausted.
Required Documents:

• Fill out the SKR Application Below

• When you’ve finished the SKR Application, you need to proceed with emailing it to: office@batbank.co.id

Compliance Standard:

• Fill out the SKR Application Below

• When you’ve finished the SKR Application, you need to proceed with emailing it to: office@batbank.co.id

Rejected Standard:

• Any provider that is listed on the https://batbank.co.id/banned-assets-providers Forbidden Assets and Financial Instrument List.

• Any situation where a client cannot or will not pay the deposit.
Important Information:

• With our Banking Instrument delivery service, everything is non-negotiable. We will not alter the price of any part of this service.

• There is no way to have a FREE SKR or allow a client to pay for the initial deposit after the SKR has arrived. If this is not paid, then no SKR will ever be delivered. Banks will not deliver any bank instruments until the funds are secure.

• The PT.BAT INSTRUMEN BANK INTERNASIONAL does NOT receive any payment from its clients outside the attorney-client trust account. Therefore, we are NOT RESPONSIBLE for any payment made to any third party, including PT.BAT INSTRUMEN BANK INTERNASIONAL brokers or delegation office

• We don’t issue RWA or BCL letters. Clients normally use this tactic to shop around for a credit line with the receiving institution, with a banking letter confirming a bank instrument ready to be issued in their name. We will never allow this to happen under our company name