How It Works
First State offers a variety of rare coin and precious metals bullion custody services to institutional, commercial and individual investor market participants having a wide range of business and/or investment needs. Accordingly, First State has structured a number of depository account options from which a potential customer can choose, in order to best fulfill that customer’s requirements.
It is as Easy as 1 - 2 - 3
OPEN AN ACCOUNT
First State offers a variety of rare coin and precious metals bullion custody services to institutional, commercial and individual investor market participants having a wide range of business and/or investment needs. Accordingly, First State has structured a number of depository account options from which a potential customer can choose. CLICK HERE To Open an Account Today !
Product Transfers and Deliveries
First State provides you with timely transaction confirmations to verify the receipt, transfer and shipment of all coins and precious metals items into and out of your account, every time activity occurs. Upon receipt of an account owner’s written detailed instructions , First State will transfer specific certified coins and/or bullion products To or from the requesting customer’s account into the customers account at First State, or it can prepare and arrange delivery of those products to another specified destination.
Reporting, Collateral and Settlement Services
Depository customers receive a variety of regular detailed inventory and account reports so you always know the exact status of their account at all times. First State, we can also transfer your assets to a newly established collateral account as as security for lending transactions. And Finally, First State can, on behalf of the buyer, accept custody of coins or precious metals being sold by the seller, and on behalf of the seller, accept temporary custody of funds being paid by the buyer.
Audit Assistance
First State Commercial customers are invited to audit their depository accounts as their internal corporate policies may dictate. Moreover, First State will provide whatever personnel or assistance may be necessary to help complete the audit process, if desirable. A company needing to schedule an audit by its own internal personnel, or by its designated agent(s), should contact First State management. A copy of First State's visitation policy will be forwarded to the requestor via e-mail or fax so the audit can be properly scheduled.
