Shipping & Delivery

Gold Brick Gold Trading LLC facilitates the transportation and delivery of refined gold bullion and gold doré bars in accordance with internationally recognised bullion market and responsible sourcing practices.

All shipments are executed through approved vaults, refineries and secure logistics providers, ensuring integrity of title, secure custody and full regulatory compliance.

This framework applies to spot transactions and long-term off-take arrangements.

Scope of Delivery

Physical Movement and Delivery Services

Gold Brick Gold Trading LLC arranges physical movement and delivery of:

Refined gold bullion, including allocated bars with identified serial numbers

Gold doré bars destined for approved refineries

Spot purchase and sale transactions

Long-term off-take and supply agreements

Vault-to-vault transfers between approved facilities

Deliveries are effected only to approved vaults, refineries or designated delivery locations.

Pre-Conditions to Delivery

Requirements Before Shipment Release

No shipment, whether bullion or doré, shall be released unless all pre-conditions below are satisfied.

Counterparty Approval

Completion of client onboarding
Verification of corporate documentation
Identification and verification of ultimate beneficial owners
AML / CFT, sanctions and PEP screening
Source of funds and source of wealth validation

Responsible Sourcing (Including Doré)

All gold supplied is sourced in accordance with internationally accepted responsible gold sourcing standards
Enhanced due diligence is applied to doré material, including mine-level and supply-chain documentation where applicable
Chain-of-custody documentation is maintained throughout transportation and refining

Gold Brick Gold Trading LLC reserves the right to request additional documentation or suspend delivery where sourcing or compliance standards are not met.

Spot Transactions – Delivery Process

Step-by-Step Delivery Procedures

Trade Confirmation

Following agreement of price, quantity, form (bullion or doré), purity range and delivery destination, a trade confirmation or pro-forma invoice is issued.

Settlement

Full settlement of funds must be received and confirmed prior to release of metal
No credit is extended unless expressly agreed in writing

Inspection, Assay and Purity Determination

Prior to shipment, bullion is subjected to inspection and assay at an approved facility in Dubai
The purity and weight report issued at the Dubai inspection stage shall be final, conclusive and binding on all parties for settlement and delivery purposes
No subsequent assay or test conducted at destination shall alter the contractual purity, weight or settlement terms, except in cases of manifest error or fraud

Doré shipments are accompanied by weight, estimated purity range and origin declarations and may be subject to sampling or assay upon receipt at the refinery, in accordance with contractual terms.

Shipment and Insurance

Transport is arranged through approved secure logistics providers
Shipments are insured on an all-risks basis for full replacement or declared value
Shipment details are communicated prior to dispatch

Delivery and Acceptance

Bullion is delivered to the buyer's nominated approved vault
Doré is delivered directly to an approved refinery or designated processing facility
Acceptance is subject to standard receiving, weighing and verification procedures

Transfer of Title and Risk

Unless otherwise agreed in writing:

Refined bullion: title and risk pass upon delivery and acceptance at the receiving approved vault
Gold doré: title and risk pass in accordance with the applicable contract, typically upon delivery and acceptance at the designated refinery

Long-Term Off-Take Arrangements

Framework Agreements and Supply Contracts

Long-term supply arrangements for refined bullion and/or doré are governed by a Master Purchase Agreement or equivalent framework agreement.

Such agreements typically provide for:

Contracted volumes and delivery periods

Pricing mechanisms linked to recognised benchmarks or agreed formulas

Call-off and scheduling procedures

Approved vaults, refineries and carriers

Inspection, sampling and assay protocols

Payment, credit and settlement terms

Force majeure and dispute resolution provisions

All deliveries are executed strictly in accordance with the applicable agreement.

Security Standards

Comprehensive Protection Measures

All shipments are subject to the following standards:

Secure, sealed consignments

Documented chain-of-custody

Insured armored or secured transport

Delivery exclusively to approved vaults or refineries

Delivery to private, residential or non-approved locations is not permitted.

Approved Logistics Providers

Licensed and Insured Secure Transportation

Physical transportation of bullion and gold doré is arranged exclusively through internationally recognised, licensed and insured secure logistics providers, selected based on route, jurisdiction and operational requirements.

Approved carriers may include, without limitation:

Brinks

Loomis International

Transguard Group

Ferrari Group

Use of any carrier is non-exclusive and subject to availability, regulatory considerations and transaction-specific requirements.

Gold Brick Gold Trading LLC does not act as agent for, nor does it represent or warrant the services of, any logistics provider. All carriers operate as independent contractors under their own terms and conditions.

Taxes, Duties, Clearance and Destination Costs

Unless expressly agreed otherwise in writing:

All customs duties, taxes, levies, testing charges, clearance fees, port, airport or vault charges, and any other costs or expenses incurred at or after the delivery location shall be borne solely by the buyer
The buyer is responsible for obtaining all import approvals, licenses and regulatory clearances at destination

Gold Brick Gold Trading LLC shall not be responsible for:

Any demurrage, detention or storage charges arising due to delay in customs or regulatory clearance at destination
Any claim, seizure, hold or enforcement action by governmental authorities or third parties at the delivery location
Any costs, penalties or losses arising from buyer's failure to complete clearance formalities in a timely manner

Inspection, Discrepancies and Claims

Receiving vaults or refineries apply standard verification procedures upon delivery
Any discrepancy relating to packaging, seals or documentation is reported promptly
Where applicable, material may be quarantined pending investigation

For refined bullion, no claim relating to purity or weight shall be admissible where a final and binding Dubai assay report has been issued, except in cases of manifest error or fraud.

Insurance and Liability

Shipments are insured in accordance with contractual arrangements
Allocation of risk during transit is defined in the applicable transaction documentation
Insurance details are available upon request

Gold Brick Gold Trading LLC shall not be liable for:

Any demurrage or delay caused by customs or regulatory authorities
Any governmental or third-party claim, lien or action arising at the seller's or origin location once shipment has been released in accordance with contractual terms

Shipping Documentation

Essential Paperwork and Records

Each delivery is accompanied by complete documentation, which may include:

Purchase/sale contract and payment confirmation

Assay certificates and weight lists

Serial number records (for allocated bars)

Chain-of-custody certificates

Transport waybills and insurance certificates

Vault or refinery delivery receipt

Responsible sourcing documentation

Compliance and Regulatory Framework

Legal and Regulatory Adherence

Gold Brick Gold Trading LLC operates in accordance with applicable laws and regulations, including:

Anti-Money Laundering and Counter-Terrorist Financing requirements

International sanctions regimes

Responsible gold sourcing standards

Record-keeping and audit obligations

The company reserves the right to decline, suspend or terminate delivery where compliance requirements are not satisfied.

Indicative Delivery Timelines

Spot bullion transactions:

delivery typically within standard market settlement timelines following confirmation of cleared funds

Doré shipments:

delivery timelines subject to origin, regulatory clearance and refinery acceptance schedules

Off-take arrangements:

deliveries in accordance with agreed schedules or call-off notices

Timelines are indicative and subject to operational and regulatory considerations.

Force Majeure and Liability

Risk Management and Protections

Force Majeure:

Neither party shall be liable for delays or non-performance caused by events beyond reasonable control, including natural disasters, armed conflict, government actions, or international sanctions.

Liability:

Liability for loss or damage during transport rests with the insured logistics provider unless otherwise agreed in the contract.

Enquiries

For further information regarding bullion or doré delivery arrangements, approved vaults, refineries or logistics frameworks, counterparties should contact the operations team or refer to the Account Opening section.