Gold Trusteeship

  • Pursuant to the execution of GSTA (Gold Security Trusteeship Agreement), the platform is required to create all securities i.e. Gold / Silver / Platinum in favor of Trustee. Trustee holds a charge for the benefit of the customer.

Key Benefits to Customers and Platform are:

  • Since Trustee has no financial relations with other players in the chain, it has no conflict of interest in discharging the role as security Trustee.
  • Trustee coordinates with the platform and all other agencies like a safe-keeper involved in the chain.
  • Enforcement of the security when required and disbursement of the sale proceeds without prejudice.
  • Ideal for platforms engaging digital platform for the sale of Gold to Customers.
  • Trustee ensures protection of customers’ interest.