Negotiable Warehouse Receipts
New and unique on the entire American continent – from Alaska to Tierra del Fuego
You will have both:
Physical ownership of segregated precious metals and Investment in official Swiss Regulated Securities. Maximum Fungibility & Liquidity of your Precious Metals by keeping unrestricted security of property of the physical metal. For the precious metals which the customer has acquired from us we arrange to issue Negotiable Warehouse Receipts from Switzerland.
The Swiss cantons of Uri and Zurich officially authorised our partner to issue documents of title according to the Swiss Code of Obligations. These documents of title are securities and are issued by our partner as negotiable warehouse receipts. They are freely transferable by simple endorsement.
They are traded like precious metals and are not regarded as marketable securities. Marketable securities (in Swiss language: „Effekten”) are fungible and tradable securities. Bank notes, cheques, bills and our Negotiable Warehouse Receipts do not belong to them (acc. to a ruling by the Swiss Federal Tax Administration). Our Negotiable Warehouse Receipts however are securities (in Swiss language: „Wertpapiere”) acc. to the Swiss Code of Obligations.
10 Advantages at a glance:
- Storage outside of the banking system
- Maximum discretion with regard to the client’s data
- Storage of gold, silver, platinum and palladium
- Guaranteed authenticity of all deposited precious metals
- Segregated storage with bar number on warehouse receipts
- Direct property of the deposited good
- Easy transferability through simple endorsement
- Fungibility and liquidity of the precious metals
- Acceptability of the warehouse receipts as collateral
- Possibility of retrieval of the lot size mentioned at all times
The normal case
The first owner is noted on the front page of the warehouse receipt. That is our company “Noble House Financial Services and Safe Custody Limited”. We protect your privacy.
The negotiable warehouse receipts than will be transferred to you by endorsement. We are signing the warehouse receipt on the reverse side of the warehouse receipt.
And you remain your anonymity. Because we do not have the obligation to report the endorsement. But if you want to report, you can do it at any time.