Home > How It Works > FAQ > Is GoldMoney a bank?
Frequently Asked Questions |
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Is GoldMoney a bank?
No. GoldMoney does not make loans. More importantly, GoldMoney is not a deposit taking institution, and no deposit liability is created because the owner of the grams of gold in storage retains ownership at all times.
Related Questions
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About GoldMoney (19) | Buying and Selling (21) | ||||
CAP (29) | Metal Storage (14) | ||||
Security (7) |
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Net Transactions Limited
1st Floor • 32 Commercial Street • St Helier
Jersey, JE2 3RU • British Channel Islands (UK)
Copyright © 2001-2013 Net Transactions Limited (Jersey, British Channel Islands)
GoldMoney is the Registered Business Name of Net Transactions Limited which is regulated by the Jersey Financial Services Commission under the Financial Services (Jersey) Law 1998.