At a time of extraordinary monetary policy and when trust in currencies, banks and existing payment systems has been eroded.
Glint helps us move to a more just, sustainable and inclusive global economy

info@glintpay.com

How does Glint keep my physical gold safe?

Glint physical gold is held in highly secure accredited London Bullion Market Association (LBMA) vaults and 100% value of the physical gold is insured.

Secure and Insured Physical Metal Storage

Gold Current (Liquid) Account
Glint gold current account enables clients to own fractions of a bar of physical gold, held in an independent vault in Zurich, which is allocated and legally owned by them.

Our physical gold is LBMA, Good Delivery 12.5 kilo or 1 kilo refined bars warranted to be 99.5% fine gold or better.

Reserve Gold (Savings) Account
Glint clients also have the ability to purchase specific registered LBMA numbered bars, held in their name in a Reserve Gold account in an International vault location of their choice (due 2018).

Brink’s is the vault custodian for the storage of all Glint client physical gold
Our gold is stored in a choice of International vaults with Brink’s (NYSE: BCO), independent of the Banks and ourselves. The current account gold which a client spends from is held in Brink’s vault in Zurich. Reserve gold (available in 2018) can be held in any of Brink’s vaults across the globe of your choice.

Brink’s is a leading provider of precious metal vault services and secure transportation around the world.

The value of the physical gold is 100% insured by Brinks and Lloyds of London for its full replacement value.

What is the LBMA?

All physical gold bought and held by our clients meet the Good Delivery standard established by the London Bullion Market Association,(LBMA).

The LBMA provides the professional industry standard by which metal providers can mitigate the risk that a bar of physical gold does not contain the weight of metal it states it contains.

An LBMA bar must be marked with the following:

– Serial number specific to the bar
– Assay stamp of refiner
– Fineness (to four significant figures)
– Year of manufacture

Good Delivery bars are part of what is called the ‘chain of integrity’ which is a vital part of the physical bullion market’s infrastructure. These bars are manufactured by accredited refiners who are regularly subjected to double-blind tests by independent assayers. The bars spend their lives in accredited storage facilities and are transported only by accredited couriers.

The ‘chain’ refers to a formal history of who produced the bars (refiners) and who held the bars, when and where in accredited storage facilities, such as at a Brink’s vault. As long as these bars remain within these accredited vaults, the buyers know the ‘integrity’ of the bar meets these assured standards and can rely on the authenticity of the bars. The origin and transfer history of those bars are known which completes the chain of integrity.

Should a bar be removed from this closed-loop of accredited firms and was held outside of this chain of integrity, the authenticity of the physical bars cannot be accepted. The bars would have to be resent to the refiners to re-emerge as newly refined bars guaranteed as Good Delivery.

In order for Glint to maintain the bullion industry standard and the monetary value our clients must have, we cannot accept any physical gold from outside of this accredited infrastructure.

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