To protect your money from BullionVault's failure your un-invested money is held at either Lloyds Bank or Wells Fargo Bank in segregated and pooled accounts designated 'CLIENT'. Under English law a bank may not consider the money in a trust account designated 'CLIENT' to be offset against debts which BullionVault might incur in running its business.
Lloyds Bank provides documents acknowledging the trust agreements for each client account, copies of which can be downloaded below.
Wells Fargo has acknowledged to us that funds held by them in the BullionVault Client account are for the exclusive benefit of BullionVault customers, and that no asset in that account shall be subject to any right, charge, set-off, lien or claim of any kind in favour of them or any person claiming through them.
Learn more about how BullionVault ensures your safety here.
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