Deposit Certificate and Pledge Bond Issuance
argoalmacenadora.com.mx

Como parte del Sistema Financiero Mexicano, ARGO está facultado para emitir Certificados de Depósito y Bonos de Prenda, que son títulos de crédito que permiten a sus tenedores realizar diversas actividades comerciales y acceder a créditos prendarios con diversas instituciones financieras nacionales y extranjeras. (Existen restricciones por tipo de mercancía)

Deposit Certificate

It is a credit instrument that supports goods ownership set at the issuing Warehouse. It is used to carry out purchase agreements or to let the owner be sure such Warehouse has the goods in custody.

Pledge Bond

It is a credit instrument parallel issued to the Deposit Certificate. This one allows its holder to get financing from credit institutions. The Pledge Bond is delivered to foster the credit by its warranty endorsement.

Pledge credit

Financing fostered by a pledge is the one gotten from raw materials or finished goods, owned by the depositor and under a General Warehouse custody.

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