What happens if Silver Bullion Pte Ltd can no longer fulfill its role as my agent?

Silver Bullion is in a very strong financial position and is in one of the safest countries in the world. However any well designed system has to make business continuity provisions to address such eventualities. The S.T.A.R. Storage system is implicitly designed so that your ownership claim is clear no matter what happens. Furthermore we have appointed a liquidator to provide Business Continuity in such an event and established a process to insure the ownership information is safely, correctly and unequivocally transmitted.

The liquidator fallback relies on a liquidator to act. The S.T.A.R. system also implicitly has a more direct built-in safeguard as you legally own the bullion and if Silver Bullion, who acts as your agent vs. Vault Operator, can no longer fulfill this duty and the liquidator system fails then you can claim your property directly under law.

The latest Parcel Ownership List will clearly list the S.T.A.R. account IDs of the owners of each parcel. Although the Vault Operator only knows your S.T.A.R. Storage ID your Tax Invoice or parcel holdings lists your purchased Parcels and S.T.A.R. Storage ID and full name / address, make your legal claim to the bullion parcels clear and unequivocal.

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