Byzantium Is Changing the Game in the Offshore Gold Storage Industry
Founded in 2013, Byzantium is the first and only private vaulting, bullion storage, precious metal brokerage and refinery in the Caribbean.
George Town, Cayman Islands , August 11, 2015 (Newswire.com) - How Byzantium is Changing the Game in the Offshore Gold Storage Industry
Founded in 2013, Byzantium is the first and only private vaulting, bullion storage, precious metal brokerage and refinery in the Caribbean. Located in the heart of the Cayman Islands, Byzantium stores, smelts and trades a full array of precious metals. It provides the ultimate security for your valuables with 24/7 accessibility and unmatched privacy for clients. Byzantium is involved in the entire gold process, starting with the mining level. This level of involvement allows Byzantium to offer prices unheard of in the physical metals industry. Byzantium not only ensures security and protection, but also provides a top-of-the-line analytic lab and accurate assaying services. This strategic offshore location is convenient for both U.S. and international transactions. With so many state-of-the-art technologies and strategies, Byzantium is revolutionizing the offshore gold storage and security industry.
Offshore Vaulting and Storage in the Cayman Islands
The Cayman Islands are well-developed with an extensive history as an international financial center. The capital city of George Town is one of the world’s largest offshore banking centers. The Byzantium facility is built in the heart of this financial network located on Grand Cayman. Byzantium’s location is in one of the most sophisticated and dynamic financial centers in the world, ranking up with New York, London, Tokyo and Hong Kong.
The Cayman Islands currently hosts 206 banks. Fifteen banks are licensed to conduct business with both domestic (Cayman-based) and international clients. The other 191 banks operate mainly on an international basis, with limited domestic activity. The Cayman Islands are also one of the top captive insurance centers, second only to Bermuda in managing insurance risks. For example, the Cayman Islands have an estimated $1.5 trillion in banking liabilities. George Town provides a proven network of international financial institutions that conduct gold and silver transactions on a global basis. Byzantium can efficiently and accurately trade both gold and silver in physical and financial form. The Cayman Islands are tax free with no income tax, capital gains tax, property tax or inheritance tax. The Cayman Islands is an offshore jurisdiction, so all associated benefits apply.
The Byzantium facility is located in close proximity to the International Airport in Grand Cayman. This translates into fewer transport steps, lower transportation costs and increased security. If you need to move a large quantity of gold to your vault, Byzantium also provides a private jet service to ensure both secure pickup and delivery.
Leading Benefits of Financial Services in the Cayman Islands
- Stable political climate
- Same time zone as Eastern U.S.
- Broad spectrum of financial products
- 2nd largest offshore insurance center
- One of the Largest banking centers in the world
- 40 of the world’s 50 largest banks represented
Byzantium’s Secure Gold Storage
Byzantium invested close to $3.5 million in its state-of-the-art vaulting system. The Class 3 bullion Vault accommodates over 450 safety deposit boxes of various sizes. These boxes are stored in a 200 square-foot Class 3 steel vault accessible only through a 4500 pound gladiator barrier vault door. There are also individual full-sized private vaults to accommodate bulk storage, as well as the ability to expand these facilities. Byzantium also provides $10,000 of free insurance and can quote additional coverage as needed. This unmatched protection and storage is available to both discerning individuals and businesses.
The facility features 24-hour accessibility to all private vaults and safety deposit boxes. Only verified and authorized owners can gain access. Protocols for entry include personal identification, biometric scanners, customer code entry and digital photo recognition. Once you gain access, a professional member of the Byzantium security staff accompanies you into the vault.
Byzantium has substantially invested in both physical and electronic security for your valuables. A premier independent Security provider, monitors the facility 24/7 via video surveillance. These experts provide not only remote security but also rapid response units in case of emergency. Some other state-of-the-art electronic security measures include seismic detectors, passive infra-red sensors, vibration sensors and a bullet proof guard room. All of the cutting edge entry and security procedures were expertly designed to be the best available in the industry. The standard protocols of Byzantium ensure the protection of all your valuables and irreplaceable documents.
Leading Benefits of Byzantium Gold Storage
- Protection from natural and man-made disaster
- Security from theft
- Hacker proof
- Climate control
- Insurance reduction
- Security transportation available
- On-site and off-site storage consultation
- Available off-hours in an emergency
Byzantium is privately held and operated, which means it is not bound by the same regulatory frameworks as banks or other financial institutions. The confidentiality, professionalism and security of Byzantium surpasses any other banking institutional facility. Byzantium is changing the game in offshore gold storage and offers clients the ultimate in precious metals security.
Byzantium is currently offering 6 months of free storage for serious investors who qualify. If you’re interested, simply take 15 seconds to contact Byzantium, and they will get in touch with you. www.byzantium.ky