SMM News: announcement on the release of the Business process for the Transformation of delivery varieties in Shanghai Silver Warehouse
All member units, Shanghai Silver Warehouse:
In order to optimize the silver delivery service, the Shanghai Gold Exchange will launch the silver delivery variety conversion business on June 10, 2019. Members and customers may, as necessary, apply for the conversion of silver belonging to the Ag (T / D) delivery variety to the Ag99.99 delivery variety or the conversion of silver belonging to the Ag99.99 delivery variety to the Ag (T / D) delivery variety. In order to ensure the smooth development of the business, the business process and other related matters are announced as follows, please comply with the relevant units.
1. Members and customers stored in Shanghai Silver Warehouse can apply for silver delivery variety conversion business.
2. Members and customers submit applications through our "membership service platform" to clarify the basic information of members and customers, the delivery varieties to be converted, the standard weight and the details of the pieces. The physical status of the application must be "in the library" and "available".
3. Shanghai Silver Warehouse is responsible for handling the application for silver delivery variety conversion between members and customers and confirming it through our "Warehouse Transportation Service platform".
4. After the application of the member and the customer is "confirmed" by the Shanghai Silver Warehouse, the system will deduct the original delivery variety inventory and strip details in real time according to the requirements of the members and customers, and increase the target delivery variety inventory and strip details.
5. The customer application shall be submitted by the member agent.
6. Before members carry out the business, they need to complete the relevant system upgrade.
7. In order to reduce the costs of members and customers, I have decided to waive the transfer fees and warehouse service fees related to members and customers for the time being.
I hereby announce.
Shanghai Gold Exchange
June 3, 2019