Cross-border automotive parts trades, especially CIS-to-Asia, benefit from gold DVP settlement. LCORE's gold DVP settlement through Abu Dhabi escrow under ADGM English Common Law (Reg. 28158) provides a settlement mechanism that eliminates both counterparty risk and currency conversion friction. Gold is the universal settlement medium — accepted regardless of banking sanctions, FX controls, or correspondent bank limitations. Minimum $5M per transaction.
Request ConsultationAutomotive is one of the most active sectors seeking non-USD settlement. Key commodities: vehicles, auto parts, batteries. Challenge: Russian/Iranian auto sanctions, non-USD settlement. LCORE's gold DVP mechanism enables 2-3 working day settlement without USD correspondent banking.
Mechanics: buyer deposits physical gold into ADGM DVP escrow, vehicles is delivered, payment confirms via agreed correspondent, gold releases. ADGM English Law governs. UAE geopolitically neutral.
Confidential. Min $5M. ADGM 28158.