Gold Settlement in SAR · ADGM Abu Dhabi · No SWIFT

Gold DVP Settlement for Saudi Riyal (SAR) Trade

Saudi Arabia's $400B+ annual trade — crude, LNG, petrochemicals, and infrastructure imports — is almost entirely USD-denominated, but gold DVP settlement via LCORE in Abu Dhabi provides Saudi state entities and private traders with a hard-asset settlement alternative. Min $5M, 2–3 days.

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SAR
Settlement Currency
2-3
Working Days
0
USD / SWIFT
ADGM
Reg. No. 28158
How It Works

Commodity settlement in SAR
via physical gold

When Saudi Riyal (SAR) payments are blocked or delayed by correspondent banking compliance, LCORE's gold DVP mechanism provides a 2-3 working day alternative. Physical gold in Abu Dhabi acts as a settlement bridge: the buyer deposits gold into DVP escrow, the seller releases the commodity, SAR payment is confirmed, gold is released.

No USD clearing. No SWIFT routing. ADGM English Law governs the transaction. Lloyd's $200M insurance throughout. Minimum $5M per transaction.

DVP Escrow

Multi-signature DVP: LCORE + buyer + seller. Gold releases only when all conditions are confirmed. Zero counterparty risk on either side of the transaction.

No USD Required

Settlement in SAR via agreed correspondent without USD clearing. LCORE's ADGM position and gold mechanism bypass SWIFT USD dependency entirely.

2-3 Working Days

vs 30-180 days under blocked correspondent banking channels. DVP confirmation triggers automatic escrow release.

Settle in SAR. Close in 2-3 days.

Confidential consultation. Minimum $5M. ADGM-licensed vault.

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FAQ

Frequently asked questions

How does gold settlement in SAR work?
The buyer deposits physical gold into LCORE's Abu Dhabi DVP escrow. Commodity is delivered. SAR payment is confirmed via correspondent bank. DVP releases gold to seller. 2-3 working days total. No USD in the chain.
What is the minimum for SAR gold settlement?
Minimum $5M per transaction. Monthly capacity exceeds $500M. Confidential institutional consultation available.
Is this available without USD clearing?
Yes. LCORE's gold DVP mechanism does not require USD correspondent banking. Settlement in SAR via agreed correspondent bank, CIPS, or direct bilateral confirmation depending on the structure.