| 1. | ALD certificates are " warehouse receipts " for real gold and silver owned by the bearer.
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| 2. | Rather than delivering the actual commodity, negotiable warehouse receipts are used to settle expiring futures contracts.
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| 3. | In 2013, the company signed Memorandum of Understanding with Corporation Bank for providing finance against warehousing receipts.
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| 4. | It also entered into a partnership with Dena Bank in the same year for warehousing receipt funding.
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| 5. | The loans based on the warehouse receipts were " guaranteeing " that the oil was really in the tanks.
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| 6. | Because of these problems, there were concerns that COMEX did not have the gold inventory to back its existing warehouse receipts.
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| 7. | Because of these problems, there are concerns that COMEX may not have the gold inventory to back its existing warehouse receipts.
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| 8. | In 2007, the company launched its warehousing services with Rs 303 crore credit facility from ICICI Bank, for warehouse receipt-based funding.
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| 9. | Warehouse receipts also guarantee existence and availability of a commodity of a particular quantity, type, and quality in a named storage facility.
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| 10. | On the basis of the warehouse receipts, the Paritate Bank wired $ 3.5 million to the Kouznetsovs'account at the Bank of New York.
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