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CCJS: Understanding the Fees
The total fees associated with capital conversions of the Juro System (CCJS) have two components.
1) Underwriting Report Prices.
Underwriting Report prices are paid in legal tender or bank transfer or by charge card. The price of the Underwriting Report depends on the face value of each CCJS application. Each conversion of Standard Money Instruments (SMI) is for a specific title or case, although special pricing for large portfolios is possible through a securitization. Commodities conversion applications may only be pooled by each depository certificate or storage location.
2) Conversion Fees.
The Conversion fees of CCJS are paid by an automatic deduction from the gross proceeds of the new juro Digital Money which is issued from an approved application. The Conversion Fee is 3.00% of the face value of the application.
If you have a large portfolio of Standard Money Instruments (SMI) which you would like to convert into juro, regardless of type, please submit a CCJS application to receive a quote.
In the “Additional Information” section of the application, please provide the portfolio size and more details. A securitization of the portfolio of the SMI may be required to streamline and simplify the conversion process.