Almacenadora México has as purpose the storage, safekeeping or preservation, handling, control, distribution or commercialization of goods or merchandise under its safekeeping or that are in transit, covered by certificates of deposit and granting financing using them as guarantee. They may also perform value added incorporation processes, as well as transforming, repairing and assembling the deposited merchandise, in order to increase their value, without varying their nature essentially. Likewise, Almacenadora México is licensed to issue certificates of deposits and pledge bonds.
Certificate of deposit and Pledge Bond
The Certificate of Deposit is a credit title granted by Almacenadora México in favor of the goods’ depositor. This title may be transmitted through endorsement and grant the holder the right to obtain the merchandise covered in the certificate.
Almacenadora México may issue certificates for merchandise in transit, in warehouses or in both cases. The Pledge Bond is an attachment to the Certificate of Deposit and is useful to the businessperson to obtain financing with the specific guarantee over the deposited goods