The Transaction: The clients goal was to trade a Gold Bullion Safe Keeping Receipt (SKR) which the family office owned but wasn’t doing anything with. The family office had heard via numerous associates and connections that it was possible to enter a trade program with a Gold SKR, but didn’t have the connections or the experience to make the trade a reality.
Location: USA - London - Canada
Project Start: 1st November 2020
Project Completed: 1st November 2021
The biggest problem clients encounter before speaking to Global Title And Escrow Services LLC (GTES), is the problem that they don’t know the right contact to execute the clients desired outcome. Without the right connections or access to the appropriate monetiser or trade program, the client is going to have great difficulty in achieving the result they desire.
The solution is very simple. Connect the client with the right entity and associates who can deliver the perfect solution for the client. In the case of trading a Gold SKR, the solution is to connect the client to a specialist in monetising assets such as a Gold SKR, and then either use a niche trade program associated with the asset monetiser, or a hand piked trade program who we have trade history with.
With the right connections the client can be safe in the knowledge that they are in safe hands, and that the transaction they are looking to execute, can be executed professionally, on time, and deliver the results the client is expecting and in many cases over deliver on results, making for a happy client.
The client successfully entered a trade program using only the family office Gold SKR as the initial collateral to generate a line of credit for the trader. With the right monetiser, trader and trade program the process was smooth and took approximately 21 days to initiate. There was numerous discussions and verification, but the actual access to the trade program was very quick and simple.
The trade is still on going and expires November 2021, but can be rolled over for the next 5 years, so the client is very happy.