Counterparty qualification
Identify seller, beneficial owner, authorised representatives, mandate chain, legal capacity and transaction authority.
Gold transaction protocol
No funds first. Evidence first.
A gold transaction should move from legal-origin verification to physical verification, commercial confirmation and controlled settlement in a documented sequence. Divitia structures that sequence for serious buyers, sellers and refiners.
Legal originAssay controlFOB / CIF / refineryControlled settlement
Execution framework
The six-gate execution sequence
Each gate should be closed before the next material risk is assumed. The exact documents depend on the source, operator, product form, jurisdiction, destination and banking structure.
Source & title review
Verify lawful source, mining or trading authority, production/origin records and the applicable fiscal and export pathway.
Physical verification
Agree secure inspection, weighing, sampling and assay through a laboratory, refinery or inspection route acceptable to the buyer.
Commercial confirmation
Fix product form, quantity, assay basis, pricing formula, tolerances, destination and delivery term.
Settlement controls
Define banking channel, documentary conditions, custody, escrow or other release mechanics proportionate to the transaction.
Delivery / refinery release
Execute FOB, CIF or refinery delivery only when legal, physical, commercial and financial evidence reconcile.
Assay, custody and payment must be designed together.
A credible structure avoids the common mistake of treating assay, transport and payment as independent events. The parties should agree who controls the product, when title/risk transfers, what result determines payable content and what documentary event releases funds.
Assay basis
Define sampling method, laboratory/refinery, umpire mechanism, payable purity, deductions and tolerance.
Custody
Document who holds the product at each stage, who may access it and what evidence proves handover.
Settlement
Use a banking and release structure consistent with the verified deal, not informal pressure or undocumented prepayment.
Export pathway
Confirm applicable export, tax, customs, transport and destination documents before shipment scheduling.
Buyer acceptance
Obtain buyer/refinery acceptance of product form, assay method and documentary pack before irreversible costs.
Exception handling
Pre-agree what happens if weight, purity, documents, timing or ownership claims do not reconcile.
Buyer file — minimum information to request
01
Seller and beneficial-owner identification
02
Licence / lawful trading authority / mandate chain
03
Declared source and origin evidence
04
Product form and expected purity
05
Available assay or inspection evidence
06
Quantity and delivery schedule
07
Requested Incoterm or refinery route
08
Banking and settlement expectations
09
Destination and buyer/refinery details
10
Export, customs and tax pathway
Divitia does not represent that every proposed gold source is lawful, exportable or commercially acceptable. Each transaction remains subject to independent legal, regulatory, banking, inspection and counterparty verification.
Control principles
Non-negotiable controls
NO VERIFIED SOURCE, NO TRADE
Do not proceed on photographs, samples or promises without a defensible legal origin.
NO AGREED ASSAY, NO PRICE FINALITY
Precious-metal value must be tied to an agreed verification method.
NO RECONCILIATION, NO RELEASE
Product, documents and payment conditions must reconcile before final release.
Send the transaction specification.
Provide origin, seller, product form, estimated quantity/purity, destination, preferred delivery model and payment constraints. Divitia can then structure the verification pathway.
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