Ownership / title
Obtain evidence and confirm through an independent or controlled channel.
Gold transaction intelligence
Bank-to-bank does not eliminate due diligence
The bank can be a custodian or settlement participant. It does not replace the chain of title, asset verification or compliance analysis.
What “bank-to-bank” does not prove
It does not by itself prove ownership, authenticity, availability, sanctions clearance or the bank’s willingness to execute the proposed settlement.
Verification matrix
Custodian bank
Obtain evidence and confirm through an independent or controlled channel.
Physical location
Obtain evidence and confirm through an independent or controlled channel.
Bar list / serials
Obtain evidence and confirm through an independent or controlled channel.
Refinery
Obtain evidence and confirm through an independent or controlled channel.
Assay / purity
Obtain evidence and confirm through an independent or controlled channel.
Source of gold / provenance
Obtain evidence and confirm through an independent or controlled channel.
Sanctions / AML / KYC-KYB
Obtain evidence and confirm through an independent or controlled channel.
Source of Funds
Obtain evidence and confirm through an independent or controlled channel.
Settlement mechanics
Obtain evidence and confirm through an independent or controlled channel.
Physical vs book-entry transfer
Obtain evidence and confirm through an independent or controlled channel.
Insurance / storage
Obtain evidence and confirm through an independent or controlled channel.
Document ≠ underlying asset
A bar list, assay, custody statement or bank letter may be genuine and still not prove that the seller holds transferable title to the specific bars offered in the specific transaction.