Why we are trusted with Gold
The bullion business has traditionally been associated with the jewellery trade and indeed bullion is not classified as an investment. Guernsey Gold brings the expertise of financial markets and risk management to a process that has predominantly been provided by retail outlets for the public or the preserve of the very wealthy in private banking. Coming from this background in wealth management Toby Birch brings the quality and discretion of Swiss private banking to the High Net Worth individual, Trust Company or Family Office. In an era when large banks are clearing out ‘inconvenient’ customers that are not big institutions we make a point of welcoming them.
Because of the higher risk of money laundering using precious metals, we apply the same level of diligence to customers as a bank or stock broker when dealing with significant transactions. Inevitably this will mean that some clients may be asked for more detail and information for background checks. While some might find this inconvenient it should be reassuring to genuine investors that we are serious about protecting the financial system from abuse.
Bullion ownership is about protection from profligacy and money printing. We will play our part in preventing it becoming tarnished by those who use it as a means to launder dirty money.