Advantages of AFE Allocated Bullion Storage
Who uses Anglo Far-East?
AFE Clients are typically sophisticated, affluent individuals, families, and institutions that require a high level of discretion, expertise, and security when selecting a custodian for their bullion assets. Our clients are usually ahead of the curve when it comes to understanding the complexities of navigating the dangers of the current financial environment, yet are looking for the top experts in the field to provide them service when it comes to the safekeeping of their precious metals.
Trusted by Many
Anglo Far-East is the original private bullion custodian providing Allocated Good Delivery. AFE was the first company that is not a bank to provide services structured in a way to provide maximum protection versus systemic risk. AFE is a private company that does not participate in the paper markets, and serves as a custodian of un-encumbered gold and silver bullion only. This serves to insulate our clients assets from risks in the global financial system. AFE has served its many thousands of global clients for two decades of reliable, continuous operations.
You Are The True Owner of Your Precious Metals
Anglo Far-East is not the owner of you precious metals, you are. Each gold and silver “good delivery” bar bears a unique serial number, and all bars are segregated from other clients. All bars are sight verified by a top Swiss auditor, and cross verified against AFE client accounts to ensure that each and every ounce is 100% backed and accounted for. AFE is at all times merely the custodian of your gold and silver, while you are the owner.
Using AFE Protects You From Counter Party Risk
Anglo Far-East is forbidden by strict Governance policy from participating in any form of bullion leasing, lending, fractional reserve banking, leverage or derivative of any kind. In addition, AFE carefully selects each industry partner it works with for reputation, as well as ownership interest and potential exposure to derivative and systemic risks. AFE is required to maintain 100% of your gold and silver on hand, unencumbered in any way, at all times. Please contact an AFE representative to understand more about the risks that many unknowingly face in the bullion markets by buying products with “un-allocated” exposure.
Strict Custodial Governance
In order to access the private vaulting system, the vault must receive instruction in writing not only from AFE, but also the Independent Trustee in what is known as a dual signature system. In addition, actual physical access requires that a representative of Anglo Far-East must be accompanied by a representative of the Vault, as well as the third party bullion auditor. All agents sight verify each and every bar that goes into or comes out of our vaults against vault receipts and weight lists, and reports are furnished to both AFE and the Independent Trustee Company. These triply redundant sight reports are cross referenced against AFE’s client accounts by the Independent Trustee.
Convenience, Security, Liquidity
You can easily buy and sell bullion at your discretion via your encrypted online account system, with access to global markets 24 hours a day via our institutional accounts with the largest LBMA refineries in the world. AFE buys and sells bullion at the ‘core’ of bullion markets, using LBMA certified refineries and by-passes the commodities markets and bullion banks. All metal is retained within the “Good Delivery” System which ensures gold and silver is acceptable on the global professional market, and we can therefore offer our clients excellent liquidity.
Total Privacy
You have worked hard for your wealth. You deserve nothing less than the highest degree of discretion for your protection and peace of mind. AFE’s corporate structure is domiciled outside the jurisdiction of most western nations. This may provide an extra level of privacy above what you may receive if you were to use corporations or banks subject to government jurisdiction where you reside for your bullion purchase and storage. To learn more about how AFE treats your privacy click here.
International Diversification
Our clients, often generationally wealthy, understand the value of storing a portion of their wealth outside the nation they reside in. During times of crisis, governments have been known to confiscate personal wealth and seal safe deposit boxes and bank vaults. AFE has chosen Switzerland as its primary vaulting location, due to hundreds of years of unbroken dedication to the respect of personal property. Our research indicates Switzerland is still today the safest jurisdiction in the world for storage of gold and silver bullion. The vaults are located in Kloten, Switzerland, and are privately held, not owned by banks. All vaults are managed by LBMA accredited security firms and are insured to the full market value of all valuables within.
About Anglo Far-East’s Credibility in the Marketplace:
Anglo Far-East has been called “the original” private gold and silver bullion custodian.
In 1991, Anglo Far-East was established to fill a need for a small group of wealthy families. AFE was designed from the ground up to offer private acquisition of “Good Delivery” gold and silver bullion, vaulting, as well as liquidation, while most importantly, isolating and protecting such holdings from potential systemic risks in the financial system.
Anglo Far-East clients enjoy 100% ownership of their bullion and the peace of mind of total security. AFE partners with many of the top firms on the global gold and silver bullion industry, and each partner in the chain of integrity is LBMA certified and/or recognized with impeccable reputations in the bullion business.
By holding institutional accounts with some of the largest LBMA certified refineries around the world, AFE offers strategically located options to capitalize on global access to metals markets.
The security, transport, and bullion vaulting firm is privately owned, and recognized as the top of its class and the finest in the world, handling storage and shipment of gold bullion for the largest banks, refineries and governments.
For a complete due-diligence package, please contact us.
Anglo Far-East’s Custodial Governance
Anglo Far-East is built around a core competency in strict corporate and bullion governance, verified and audited by independent and reputable third parties.
Anglo Far-East relies upon a framework of governance that we refer to as the “Chain of Integrity”.
After account application and approval, client accounts are assigned an account number in the “Swiss Numbered” account tradition. All records and transactions are conducted without the use of client name or other identifying information. Bullion account statements and account transactions statements never quote the name or address of the account holder; the owner is identified by number only.
Funding of account is done simply by remitting a wire transaction from your bank to one of Anglo Far-East’s settlement accounts. Metal is then secured by institutional access to global markets, on your behalf.
AFE will assign you the exact serial numbers of your bars held in allocated storage. Orders that are sent to one of our refineries are poured as bullion ingots, and are LBMA certified “Good Delivery” bars. Each bar is stamped with the refinery hallmark, weight, purity and a unique individual serial number.
The reason this is important to you as a client, is that you will know for sure that the gold and silver you are buying is 100% bonafide and certified precious metal.
Anglo Far-East, the third-party Bullion Auditor and an agent of the security firm will then perform what’s called an “bailment”, sight verifying each of your serial numbers and signing off on the inventory list of the transaction. AFE then accepts custody of the metal on your behalf.
At no time does AFE become the owner of your gold and silver, by bailment law, AFE is ever only the custodian and you are the true owner.
Security trucks from an LBMA accredited security transport firm takes your metal to the vaults. AFE uses the services of only the top recognized firms in the world when it comes to transportation, security, and private storage of our clients gold and silver bullion. Bullion is insured at all times from point to point while in transit, as well as when secured in the vaults.
Vault Access Protocol
All vault access requires the signatures of both AFE and the Independent Trustee, and presence of the third party auditor, an representative of the vault.
Under no circumstances can any bullion be removed from AFE’s vaults without the presence of multiple bona-fide parties, under perpetual surveillance, requiring the signatures of the Trustee. This final step, provides the final link in the chain of integrity for your peace of mind and protection.
The entire process from start to finish has been designed with the utmost discretion, security, and protection of your precious metals while meeting the rigorous standards of sophisticated clients to ensure the unbroken continuance of generational wealth, safety of bullion assets, and access to liquidity.
To see copies of the Vault Access Statement, Proof of Insurance, or the Trustee Statements and Certificates of Audit please contact AFE.
Anglo Far-East, the trusted original, and the custodian of choice for the discerning and sophisticated investor.
