“We founded Veylco Trading because we saw an opportunity to do things differently”

said the Founder of the company. “We’re passionate about customer service, and we go out of our way to get the best value for the gold our Sellers sell to us, either directly or through our network of buyers.”

Veylco Trading has been in business since 1984 starting in Canada and currently has over 120 employees worldwide. The Head Office and Main Operations Center is based in U.K.. 

Veylco Trading has Clients in over 50 different countries.
Veylco Trading has a Working Capital that can easily handle over $6 Billion in Gold Purchases per year (which is more than 150 tons per year with our preferred deliveries of 1,000Kg, or even 2,000Kg per week, per customer with max 3 customers per week due to the limitation of our nominated refineries to refine more than 1,000Kg per day).

DUE DILIGENCE AND COMPLIANCE REQUIREMENTS

Veylco Trading is a company registered with the Government of the U.K. and has a license for Trading in Precious Metals, having gone through all due diligence and compliance procedures with the Authorities.

The company, besides the Government Agencies and banks, has also gone through strict due diligence and compliance procedures with Transguard Security Services owned by Emirates Airlines and the government (www.transguardgroup.com) G4S Security Services (www.g4s.com), Brinks Security Services (www.Nautisshipping.com)  

Those looking to sell their gold should first visit our site at www.veylcotrading.com and follow the instructions, or email us at the email address found on the “contact us” page. The process is completely risk free, and the Seller can choose to accept or decline our offer.

We mainly buy only gold bars and we always pay within 3 days after the Assay Results from our nominated Assayer and always based either on the previous day’s LBMA second fixing on the day of the Assay Result or we can also consider the Spot Bid Price. If the Seller isn’t satisfied with the Assay result from our nominated Assayer, they can just take back their gold and pay only for the expenses incurred on their behalf (customs clearance, transport via security company, insurance, smelting and assay results) and paid by Veylco Trading.
In the case that both parties proceed with the sale, then all the expenses (including the re-smelting, transport, security & security costs to move the gold bars to a smelting house and due- deligence expenses) if incurred in the importing country will be covered by the Seller, in addition to any costs in the Export Country (taxes, insurance, security transport, shipping, etc.), without any cost to VEYLCO TRADING (the Buyer).

For more information contact us at info@veylcotrading.com or visit www.veylcotrading.com.