Troy Ounce Metals® is a precious metals dealer and transfer service provider that assists you with making Gold transfers to and receiving Gold transfers from third parties.
Troy Ounce Metals® is an independent contractor for these purposes, except that Troy Ounce Metals® acts as your agent and bailee with respect to the custody of your physical hard assets. All Gold recorded in your Troy Ounce Holding® balance is your property: fully reserved, allocated, and redeemable pursuant to the law of bailment.
The physical gold and precious metals held in your Troy Ounce Holding® is not a deposit with us and your Troy Ounce Holding® is not a bank account. Because Troy Ounce Metals® is not a bank, gold and other physical hard assets are not insured by the Federal Deposit Insurance Corporation, the Canada Deposit Insurance Corporation, or any comparable governmental agency. You agree that you will not receive interest on your physical assets from Troy Ounce Metals®.
The use of the Troy Ounce Metals® website and Troy Ounce Metals® services does not constitute a trading of, or an exchange in, securities, investment contracts, or any document, instrument, or writing commonly known as a “security”, at law or otherwise.
You authorize us to arrange for the storage, transportation, and insurance of your physical hard assets. We will hold your gold and other precious metal bullion as bailee on your behalf, pursuant to a storage agreement between Troy Ounce Metals® and any other fortified vault operator selected by Troy Ounce Metals® in its sole discretion. Gold and other physical assets held in your Troy Ounce Holding® does not constitute evidence of indebtedness or liability by Troy Ounce Metals® to you, except to comply with instructions from you in relation to transactions initiated by you as provided for in this Agreement.
Troy Ounce Metals® is an independent contractor for these purposes, except that Troy Ounce Metals® acts as your agent and bailee with respect to the custody of your physical hard assets. All Gold recorded in your Troy Ounce Holding® balance is your property: fully reserved, allocated, and redeemable pursuant to the law of bailment.
The physical gold and precious metals held in your Troy Ounce Holding® is not a deposit with us and your Troy Ounce Holding® is not a bank account. Because Troy Ounce Metals® is not a bank, gold and other physical hard assets are not insured by the Federal Deposit Insurance Corporation, the Canada Deposit Insurance Corporation, or any comparable governmental agency. You agree that you will not receive interest on your physical assets from Troy Ounce Metals®.
The use of the Troy Ounce Metals® website and Troy Ounce Metals® services does not constitute a trading of, or an exchange in, securities, investment contracts, or any document, instrument, or writing commonly known as a “security”, at law or otherwise.
You authorize us to arrange for the storage, transportation, and insurance of your physical hard assets. We will hold your gold and other precious metal bullion as bailee on your behalf, pursuant to a storage agreement between Troy Ounce Metals® and any other fortified vault operator selected by Troy Ounce Metals® in its sole discretion. Gold and other physical assets held in your Troy Ounce Holding® does not constitute evidence of indebtedness or liability by Troy Ounce Metals® to you, except to comply with instructions from you in relation to transactions initiated by you as provided for in this Agreement.