What is the legal difference between LCORE allocated gold and a UAE bank gold account? A1: UAE bank gold accounts are bank deposits — you're an unsecured creditor in insolvency. LCORE's allocated gold is legally titled to you under ADGM law; a specific bar with your serial number cannot be seized to pay LCORE's creditors. Q2: Can unallocated UAE gold account holders switch to LCORE? A2: Yes. UAE-based investors can close their bank gold account and fund an LCORE allocated account. The process involves standard KYC onboarding and a fiat or metal transfer. LCORE coordinates the receipt of gold at Etihad Secure Logistics. Q3: Does LCORE charge more than UAE bank gold accounts for storage? A3: LCORE's storage fees reflect institutional-grade custody — allocated, insured, legally segregated. Most UAE bank gold accounts have negligible stated fees but earn the spread through unallocated metal rehypothecation. For significant positions, LCORE's transparent fee structure typically offers better value.

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UAE bank gold accounts are bank deposits — you're an unsecured creditor in insolvency. LCORE's allocated gold is legally titled to you under ADGM law; a specific bar with your serial number cannot be seized to pay LCORE's creditors. Q2: Can unallocated UAE gold account holders switch to LCORE? A2: Yes. UAE-based investors can close their bank gold account and fund an LCORE allocated account. The process involves standard KYC onboarding and a fiat or metal transfer. LCORE coordinates the receipt of gold at Etihad Secure Logistics. Q3: Does LCORE charge more than UAE bank gold accounts for storage? A3: LCORE's storage fees reflect institutional-grade custody — allocated, insured, legally segregated. Most UAE bank gold accounts have negligible stated fees but earn the spread through unallocated metal rehypothecation. For significant positions, LCORE's transparent fee structure typically offers better value.

UAE Allocated vs. Unallocated Gold: Own the Bar, Not the Promise

Physical Gold vs unallocated gold in UAE