1. I suggest you ask the transferor whether the funds are transferred to custody once or twice.
2. One-time custody transfer: You must open a corresponding fund account and then bring all relevant documents to the transferor for handling, otherwise the entrustment may fail.
3. Secondary transfer to custody: you can transfer to the corresponding fund company before opening a fund account, or you can open a fund account before transferring to custody. You can bring all relevant certificates to the transferor for handling.
How to apply for a St. Kitts passport?