1
Undergo a pre-contract review
2
Sign a basic money trust agreement
3
Deposit trust funds in a trust account
4
Instruct us to purchase real estate
5
Pay taxes and public dues
6
Receive and transfer profits
7
Reinvest or exit the SBIST scheme
2
Sign a basic money trust agreement
Estimated time required: up to 30 days
Once all the checks to prevent money laundering are successfully completed, we will help prospective clients get ready to sign the contracts. This phase involves an interview, which can be conducted at the same time as the interview in Phase 1, where we verify the identity and intentions of the investor, and we give a detailed explanation of the SBIST scheme. After this step is complete, we ask investors to finalize the contract by signing various electronic documents through DocuSign.
Before the contracts are signed
- The investor meets with a representative from CastGlobal Trust to allow us to confirm their intent and have them listen to a detailed explanation about the SBIST scheme
Contract signing
- Provide electronic signatures on various documents via DocuSign, including:
- Notice and Consent Form Regarding Our Company’s Use of Personal Information
- Product Explanation Document (as required by Article 25 of the Trust Business Act)
- Document Provided Upon Execution of Trust Agreement (as required by Article 26 of the Trust Business Act)
- SBIST Trust Agreement
Contract finalized
- The contract is finalized once all parties have signed on DocuSign
Please be aware that the contract will be customized to fit the specific circumstances of each investor, so the time required to complete Phase 2 may vary from as quickly as one day to as long as one month, depending on the individual.
