Collateral Management Services
The collateral management services consist of the following:
• Receiving physical commodities into storage and retaining control over them until Mitchell Cotts is instructed to release them in accordance with predetermined terms of agreement.
• Regulating technical and security aspects of the storage facilities in accordance with Mitchell Cotts internal warehousing standards to achieve physical control.
• Sampling of cargo if required.
• Distribution of cargo once released by the bank.
ADVANTAGES OF MITCHELL COTTS COLLATERAL MANAGEMENT
These include:
• Access to structured trade finance.
• Increases flexibility and opens options in trade finance transactions.
• Transfer of storage and other associated risks to the collateral manager.
• Physical and documentary control of the pledged goods.
TYPES OF COLLATERAL CARGO HANDLED BY MITCHELL COTTS SO FAR
These include:
• Fertilizer
• Sugar
• Rice
• Trucks
• Motor vehicles