How to Settle Oil Payments with Gold -- UAE -- ADGM Guide

How to Settle Oil Payments in Gold via LCORE's ADGM Vault

This guide explains the practical steps for settle oil payments gold through LCORE's institutional infrastructure in Abu Dhabi. Covering requirements, process, documentation, and timeline — designed for compliance officers, treasury teams, and institutional decision-makers. All operations under ADGM Reg. 28158, English Common Law jurisdiction.

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ADGM
English Law
3-5 days
Onboarding
$200M
Lloyd's
$5M
Minimum
Overview

How to Settle Oil Payments with Gold

Oil payment gold settlement at LCORE: the oil buyer deposits physical gold in ADGM DVP escrow. Oil delivers. Payment in agreed currency (AED, CNH, INR) confirms via correspondent. Gold releases to oil seller. 2-3 working days. Replaces SWIFT USD settlement.

LCORE is ADGM-licensed (Reg. 28158). Pre-customs vault at Abu Dhabi Airport. Lloyd's $200M insurance. English Common Law governs all agreements. Institutional counterparties only. Minimum $5M.

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Confidential. Min $5M. ADGM 28158.

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FAQ
What is the first step to settle oil payments with gold?
Contact LCORE at daniel@lcore.io for a confidential institutional consultation. Onboarding takes 3-5 business days (KYC/AML). Minimum $5M.
Is this available to non-UAE companies?
Yes. LCORE accepts institutional clients from most jurisdictions subject to ADGM AML/KYC due diligence. UAE has not joined the Western sanctions regime.
Minimum?
$5M. Institutional counterparties only. ADGM Reg. 28158.
Also see: ADGM Storage · Allocated Storage · DVP Settlement · Calculator