Mitchell Cotts Collateral Management Services involve receiving physical commodities into storage and retaining control over them until we are instructed to release them in accordance with predetermined terms of agreement.
We achieve physical control by obtaining/regulating technical and security aspects of the storage facilities in accordance with Mitchell Cotts internal warehousing standards. We also secure legal control of the storage facilities by executing a lease and/or storage agreement with the owners of the facilities.
Additional services such as sampling, distribution and insurance of goods in storage are available upon request. Unless local legislation or the agreement requires that documents of title be issued, receipt of the physical commodities into storage by Mitchell Cotts is evidenced by the issuance of non-negotiable warehouse receipts.