SAMAR

SAMAR (South African Movable Asset Register) allows manufacturers, importers, builders, banks, insurers and the public to control title and ownership of movable assets. SAMAR’s use by the insurance industry to load their interest against the asset under finance will reduce risk for banks and related costs. SAMAR covers the life-cycle of an asset, and creates the most recent reliable record of an asset by updating records as changes are made by system interactions.