Refinery Account
Do you not have a refinery account? Are you a miner or direct to a miner? I suggest you to do a very thourough due diligence on how a refinery account is working.
Yes, you will have a lot of papers to organize and have verified. Did you know that everybody with a refinery account will have to do the same verification process.
You have to show your true identity and have it verified. The same goes with the company you are representing. Your bank has to issue a BCL to show that you are a trustworthy businessperson.
You have to show that the company exists. The refinery will require full details including a bank account to make the payment to. It naturally has to be in your name.
The buyer having a refinery account has gone through this process.
The refinery just as a bank have conditions for the refinery account. You deposit your gold after that it has been delivered to the refinery. The refinery will not pay you for bringing the gold to them for refining. They live on their charges, fees and commissions.
The refinery will not buy your gold unless you agree with them to buy the gold in your account. It is your gold and you may withdraw the gold as gold and sell it. You can also ask the refinery to sell the gold on commission basis.
Prices the can very well be at LBMA with a premium depending on the local market situation.
As a miner you do not need to look for a buyer or scammer. Just look for buyers with refinery accounts or better get your own refinery account.
