Annual Custody Review
A full-year planning and execution package for examining offline wallet reserves, updating inventory ledgers, and filing signed custody reports.
Panel Grove Field schedules, documents, and rehearses annual examinations of offline wallet reserves for families, treasuries, and trustees who keep seed phrases and hardware devices away from networked environments.
At a glance
Seed phrase custody
Envelope seals & storage sites
Hardware inventory
Device serials & firmware
Recovery rehearsal
Signed drill reports
Custody reviews
A full-year planning and execution package for examining offline wallet reserves, updating inventory ledgers, and filing signed custody reports.
Field documentation of every offline location where reserves are held — vault boxes, home safes, attorney custody, and mainland relay points.
Supervised offline drill to confirm that documented recovery steps produce the expected test wallet balances without exposing live seed material.
From the field
Many reserve holders on the island prefer to complete their annual custody examination before the winter travel season, when family members who hold partial signing authority may be abroad. Panel Grove Field coordinates review windows that align with local bank vault hours and ferry schedules to mainland storage sites.
Our practitioners arrive with tamper-evident bags, photographic documentation kits, and pre-printed inventory ledgers. Nothing is connected to the internet during a field visit.
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Client notes
The annual review surfaced two seed envelopes stored in different drawers that our family had assumed were duplicates. Panel Grove Field documented each phrase location separately and updated our custody map before we left the office.
— H.S., family reserve holder, Seogwipo
Recovery rehearsal took longer than I expected because we had never tested the passphrase variant from 2021. The written drill report is now filed with our attorney. I wish we had booked the mid-year check-in as well.
— M.K., small business treasury, Jeju City
Field notes
Jeju families who hold offline cryptocurrency reserves often discover in January that a key signatory is overseas and cannot attend a vault visit. Autumn reviews — particularly in September and October — align with local bank vault hours before the winter holiday rush and before ferry schedules tighten.
Jeju City bank branches reduce safe deposit access hours during late December. Scheduling field visits in October means practitioners can photograph seal conditions and update inventory ledgers while all signatories are present.
During home safe examinations in Hallim and Aewol, we regularly find paper seed envelopes with softened corners from humidity — even inside rated safes. Metal backup plates survive better but introduce labelling challenges when multiple signatories each hold partial records.
Affordable and familiar, paper backups fit attorney escrow workflows. They require desiccant packs replaced annually and explicit humidity notes in the custody map. We photograph envelope condition, not contents.