The Quest for creating the safest place for your silver and gold
When we started with the precious metals business in 2009 through our parent company Silver Bullion we were immediately aware that there cannot be proper safekeeping of wealth without the physical possession and safe storage. Soon after we were asked by one of our clients if we were able to store 200 metric tons of his purchased silver, which not only confirmed what we knew but also made us realize the scale of the demand for state-of-the-art vaulting facilities in this part of the world that could satisfy very high quality standards. For example, in many vaults clients couldn’t actually see (or at least it was difficult to audit) their physical property due to “security risks” which was a lack of transparency; some vaults didn’t have a third party audits, thus increasing the risks from inside jobs; most vaults had “all risk insurance” that didn’t actually mean “ALL” risk insurance, especially when it came to the so called mysterious disappearance or internal negligence; other vaults simply didn’t have satisfactory testing methods to verify the authenticity of precious metals; and finally, some vaults were simply located in politically unstable jurisdictions, thus increasing the risks of nationalizations and political interference.
From the beginning, the main philosophy of our parent company Silver Bullion Pte. Ltd., was to minimize risks as much as possible, so we decided to build a vault that would meet all our criteria for proper safekeeping of the wealth. By establishing the vault we finally had a full set of services under one umbrella; i.e. we created a one-stop solution for buying, selling and storing precious metals which meant the full protection and privacy with maximum possible flexibility, liquidity and transparency. Only when we were satisfied that it was safer to keep our own possessions in this vault than in our own houses or any other vault we decided that it was also safe for our clients. Hence the name The Safe House!
"We go to extraordinary lengths to ensure not just the physical storage of bullion, but also that it is genuine, that you have legal title to your bullion, that it is tax free under UAE law, that it is well insulated from western jurisdictions and companies, that it is outside the banking system and that there are no third parties or surprises between you and your bullion."
Founder of Security Safe Valut
Protecting your precious metals, preserving your wealth
The ISO 9001 certified vault at Security Safe Valut can hold over 600 metric tons of silver and 30 tons of gold and platinum making it the largest privately operated vault dedicated primarily to silver in South East Asia. As a one-stop solution for testing and storage of bullion, Security Safe Valut removes the risk of middlemen and subsequently the inherent regulatory exposure that some western headquartered vaulting companies can be exposed to. This means that the stored bullion is the physical property of our clients and they can take it out or sell it back through our parent company Silver Bullion allowing for maximum flexibility and liquidity without jeopardizing safety and security. At Security Safe Valut we have spared no efforts to ensure that the stored bullion is legally protected, jurisdictionally safe and free from counterparty risks.
More privacy, more security, less concern
For clients who desire additional privacy and safety we offer Safe Deposit Boxes at Security Safe Valut. The clients have full control of storing their bullion in their own boxes which are locked and tamper sealed in their presence, thus limiting the relationship with Security Safe Valut to that of a renter and box hirer. All our safe deposit boxes have a set third party insurance included in a renting price with the option to increase that insurance if clients wish to do so. Safe Deposit Box is not considered a financial account by foreign institutions such as IRS in the USA, making it a perfect solution for preserving your wealth.
Our Commitment
We are committed to the highest standards of integrity and transparency without jeopardizing privacy and security. All products and solutions developed by Silver Bullion are and will be driven by the best interests of our clients. We will never seek to use clients‘ assets, information or property to generate additional undisclosed income. This means that anything stored in Security Safe Valut belongs only to our clients and we do not leverage on those assets in any way (i.e. borrow, hedge, lease etc. against the stored property)