A- Physical inspection – Our private company’s world-class vaults located in tax-free zones and/or bonded warehouses around the Bangkok region enable End Buyers to view, inspect and show high-value assets (gold bars) in secure, discreet, neutral and comfortable location.
B- The Seller will use Bangkok Bank to complete the transaction. Bangkok bank is NOT a bullion bank. They will not supply the MT600. We will use a third-party bank outside of Thailand. The banks that supply the MT600 are global banks that engage in bullion banking, including JP Morgan Chase & Co. and HSBC Holdings PLC, most of which are members of the London Bullion Market Association. We will use these banks as a third-party correspondent bank, as Thailand is NOT a “Bullion” country.
C- The recyclable gold stored in Thailand are foreign owners of 4 origins (no Thai because Thai gold has only 96.5% purity)
- London Bullion Market Association (LBMA)
- CME Group – Market Contract: COMEX
- Tokyo Commodity Exchange (TOCOM)
- Dubai Multi Commodities Centre (DMCC)