For the protection of all BullionVault users removals of gold from the ownership of BullionVault Clients are required to be publicly declared at least 24 hours before they occur.
Withdrawal instructions are given by BullionVault. Checks are performed by the vault operator - Via Mat. Checks include confirming that the advertised holder has sufficient gold on the Daily Audit, and confirmation that withdrawals are limited to 5% of the vault total on any one day.
Gold is withdrawn intra-vault on the date for action, for later shipment. Shipment dates and details are not disclosed.
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