Application Guidance Capital Conversion of the Juro System.

The commodity-specific Standard Money Instruments accepted for conversion into units of a series of juro Digital Money may be one of any of the following:

Gold

In accordance to the specifications of good delivery COMEX gold. A minimum amount of 1 troy ounce is required per conversion, with no maximum conversion amounts.

Silver

In accordance to the specifications of good delivery COMEX silver. A minimum amount of 1 troy ounce is required per conversion, with no maximum conversion amounts.

Copper 

In accordance to the specifications of good delivery COMEX copper. A minimum amount of 1 troy ounce is required per conversion, with no maximum conversion amounts.

Platinum

In accordance to the specifications of good delivery COMEX platinum. A minimum amount of 1 troy ounce is required per conversion, with no maximum conversion amounts.

Palladium 

In accordance to the specifications of good delivery COMEX palladium. A minimum amount of 1 troy ounce is required per conversion, with no maximum conversion amounts.

Monetize your commodities.

Convert to juro Digital Money, get 100% of face value.

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Converters have the option to deliver the respective good-delivery bullion directly to the Juro-nominated depository. For non-compliant hallmarks, Doré bars, or other formats, the commodity will be delivered to the Juro-nominated refinery where it will be melted down, refined, and bullion carrying the Juro Hallmark shall be issued in accordance to all other standards of the respective good-delivery parameters. The final weights and amounts of the conversions shall depend on the assay and minting reports of the Juro-nominated refinery.

Commodity CCJS Submission Requirements

Confirmation of Good Delivery Status

A fully legalized copy of the good-delivery status of the commodity as per respective commodity series is required. Generally, this is achieved by an Apostille certification (from treaty countries) or alternatively with Foreign Ministry or Embassy certification (as per jurisdiction arrangements with the USA). The good delivery status of the commodity being converted into juro must be accompanied by a certified translation into American English (for non-English speaking jurisdictions only).

A digital submission of said files is acceptable so long as certified translations of the same into American English is provided (for non-English speaking jurisdictions, applicable).

Alternatively, a warehouse receipt from a secure warehouse or  depository (ie Brinks, IBI, etc) can be provided (so long as the commodity has meets all other good delivery specifications and can be transferred to a nominated depository of Juro).

Exclusivity of Matter

A fully legalized affidavit from all of the beneficiaries or their legal representative(s) that affirms no legal process or collections activities concerning the commodity assets being converted into juro are pending at the time the application for conversion.

All affidavits shall be fully legalized by notary, and for all affidavits made from outside of the USA, an Apostille certfication (from treaty countries) or alternatively a Foreign Ministry or Embassy certification (as per jurisdiction arrangements with the USA) must be provided. All affidavits must be accompanied by a certified translation into American English (for non-English speaking jurisdictions only).

Beneficiaries disclosure

A ledger of all of the beneficiaries to the conversion must be provided, including all contact details and “know your counter-party information”, of the commodities being converted into juro Digital Money.

Conversion distribution schedule

A ledger of the pro rata distribution to beneficiaries on the commodities being converted in to juro Digital Money, including the Juro Central Network Account(s) to be credited with the juro upon conversion, for each of the beneficiaries (Juro Central Network Account is a prerequisite for conversion).

Members of the Juri

Juro Organization Membership Confirmation of each of the beneficiaries. Juri Membership is a prerequisite for conversion.

Upon CCJS Approval

Contribution to the Trust Estate. 

In accordance to the terms and conditions of the trust deed, in consideration for the applicant(s) contributing all rights, claims, property, title, and ownership associated to the respective standard money instrument(s) (“SMI”) subject to the capital conversion of the Juro System (CCJS) to the trust estate of the Juro Organization; the the nominal amount of juro Digital Money of the appropriate series shall be issued and allocated to the applicant beneficiary or beneficiaries (as applicable).

Ancillary costs incidental to transfers of title. 

The applicant(s) shall undertake to pay any ancillary costs which are associated with registering and transferring ownership (and any security interests) in the name of the trust estate of the Juro Organization of the SMI subject to the CCJS.

CCJS Transaction Limits & Anti-Money-Laundering Matters

There is no maximum value for capital conversions of the Juro System (CCJS). However, any Juro Central Network Accounts, that reach or will reach a deposit amount or cumulative transaction value that exceeds $10,000.00 USD (or currency equivalent) at any time within a calendar year are required to provide a proof of address to be added to their Member of the Juri™ profile and shall provide their tax identification number for their domicile. When Juri Members open an investment account or operate in the United States, if a US tax number exists, it shall also be required when reaching the $10,000 threshold. Alternatively, a US tax number will be procured for reporting purposes.

NOTE

Securitizations of large portfolios of a single-type of SMI can be used to undergo a single Juro Conversion underwriting process for a reduced package fee in lieu of individual applications.