Sell Gold
With Confidence
Enjoy a secure and transparent selling experience with Secure Trades. We fully cover the issuance of SBLCs and Bank Guarantees and MT799 Blocked Funds through prime banks, ensuring guaranteed payments at no cost to you.
Why Choose
Secure Trading
Secure Trades provides a trusted platform for gold sellers, offering a seamless process backed by our SBLCs and Bank Guarantees and MT799 Blocked Funds payment security. As a direct buyer, we cover all purchase-related costs, including the issuance of these financial instruments, at no expense to the seller. By eliminating intermediaries, we give sellers the confidence of working directly with an experienced partner committed to secure and transparent transactions.
Payments
Security
Our Process for
Gold Sellers
Our end-to-end process is structured to provide clarity, security, and predictability for sellers, allowing you to focus on delivering quality while we handle the financial and logistical aspects.
Initial Documentation
Sellers submit their draft SPA (Sales and Purchase Agreement) and CIS/KYC documents for preliminary verification.
SPA Finalization
We review and finalize the SPA, ensuring all terms are clear and agreed upon before both parties sign the agreement.
SBLC Issuance
Within five business days, we issue an MT760 SBLC to the seller’s bank, securing funds and guaranteeing payment at no cost to the buyer or seller.
Shipment and Assay
Sellers ship the gold to our designated refinery in Dubai, where it undergoes a comprehensive assay process to confirm quality and purity.
Swift Payment via MT103
After successful assay, payment is promptly made via MT103 SWIFT transfer, completing the transaction.
Ongoing Partnership Opportunities
Sellers can rely on repeat trades with Secure Trades, benefiting from a consistent and secure setup.
Efficient Payment Process
At Secure Trades, we understand that timely payment is crucial for sellers. Our SBLC-backed payment structure secures funds with no cost to sellers for instrument issuance, providing a predictable cash flow that supports your operations and growth. Each transaction prioritizes speed and accuracy, with SWIFT payments processed immediately after quality verification.
Timely Payments
Fast payment processing post-assay, ensuring no unnecessary delays.
Predictable Cash Flow
Our reliable payment structure helps sellers manage finances smoothly.
Transparent Contract and Documentation
We believe in a hassle-free documentation process that sets clear expectations from the start. Secure Trades outlines all requirements for SPAs, CIS/KYC documents, and other essential paperwork to streamline the transaction setup. By ensuring transparency in every contract term and documentation expectation, we foster trust and reduce any misunderstandings, allowing sellers to prepare and proceed efficiently.
Clear Requirements
Detailed instructions on necessary documents minimize back-and-forth and expedite setup.
Trust and Reliability
Transparent terms and structured documentation foster trust and a professional partnership.
Ready to experience a secure and transparent gold selling journey?
Partner with us to ensure every transaction is handled with care, integrity, and efficiency.
Seller
Advantages
Guaranteed Payment Security
With our SBLC-backed model, funds are securely blocked and released promptly after the assay, ensuring sellers are paid without delays.
Safe Shipping to Refineries
All shipments are insured, and logistics to the Dubai refinery are handled with the highest standards of safety and compliance.
Reliable Trade Framework
Our structured approach allows sellers to engage in repeat trades confidently, with the same secure setup for each transaction.
Minimum Contract
Starting at 500 kg, with multi-year options.
Fair Pricing
Based on Dubai 2nd Fix, with negotiable discounts.
Title Transfer
Ownership remains with the seller until payment.
Compliance
Each trade uses SWIFT and aligns with AML and KYC standards.
FAQs
Find answers to frequently asked questions about our services and processes.
Once the assay confirms the gold’s purity and quality at our Dubai refinery, we immediately initiate the payment process. We issue MT760 SBLCs or MT799 Blocked Funds to ensure secure and guaranteed payments for the transaction. For any direct cash-based transfers following this, we use the SWIFT MT103 code, enabling a prompt, secure bank-to-bank transfer directly to the seller’s account. These structured SWIFT codes provide sellers with assured, timely payments, typically within hours of verification, for a seamless and reliable settlement experience.
To initiate the selling process with Secure Trades, certain key documents are necessary to ensure compliance, transparency, and smooth transaction flow. The primary documentation includes:
Proof of Product (POP): Documents verifying the existence and quality of the gold, such as assay reports, certifications, or inspection documents.
Ownership Documentation: Proof of ownership, typically a Certificate of Origin or Title, confirming the seller’s legal right to sell the gold.
KYC (Know Your Customer) Documentation: Compliance-related documents for verification, including identification of the seller’s representatives and any associated entities. This may involve government-issued IDs, company registration certificates, and bank account details.
Sales Contract or Agreement: A preliminary contract outlining the terms of sale, price, delivery, and payment terms, which provides a basis for the transaction.
Shipping and Logistics Information: If the gold is already prepared for transit, relevant shipping and logistics details may be requested to coordinate delivery and secure warehousing or refinery logistics.
Once these documents are reviewed and validated, the selling process proceeds with the next steps, such as transportation arrangements and assay verification, ensuring a seamless and efficient process.
Yes, all shipments are fully insured to safeguard against potential loss or damage during transit. We collaborate with leading insurance providers specializing in high-value commodities to ensure comprehensive coverage, providing peace of mind to our partners throughout the shipping process.
It is important to note that the seller is responsible for all logistics, insurance, and associated costs until the gold arrives at the designated discharge port. The buyer incurs no costs until the final payment is made for the refined bullion, based on the assay’s detailed and quantified findings. This structure ensures a secure, efficient, and transparent process for both parties.