Delaware Depository provides secure, insured, custody services to banks and other lending institutions that finance precious metal dealer inventories.
Using a collateral control agreement executed by:
(1) the dealer holding title to the precious metal and/or coin assets,
(2) the lending institution desiring to secure and perfect its interest in those assets as its collateral, and
(3) Delaware Depository as the custodian of the assets, for the purpose of establishing a special depository account in which to hold those assets as collateral
Delaware Depository assists the dealing community and their lenders by fulfilling their operational needs and achieving their mutually desirable business goals.
Moreover, our Delaware location offers the lender special protections in these arrangements.
Call us at (302) 765-3889 to learn more about Delaware Depository’s Collateral Custody Service.