For the purposes of making delivery to You, You are required to provide a valid address and/or any other documents/information/biometric identification that may be specified in this regard by Company on the Platform and/or any other website as specified from time to time.
You are required to take delivery of Your Customer Precious Metal within such maximum period as shall be specified for this purpose by TrezaElite from time to time on the Platform (“Maximum Storage Period”).
In the event that no valid address has been provided by You during the Maximum Storage Period, then Platform and TrezaElite shall for a period 1 (one) year commencing from the date of expiry of Maximum Storage Period (such period being the “Grace Period”) attempt at least once to contact You using the contact information provided by You to obtain either (i) an address to which You would require the Precious Metal in question to be delivered or (ii) Your bank account details into which sale proceeds of the Customer Precious Metal shall be deposited. In the event that Platform and/or TrezaElite has not been able to contact You during the applicable Grace Period using the contact information provided by You or where You shall during the Grace Period either fail to take delivery of the physical Precious Metal in question for any reason whosoever (including where You shall not have provided any address to take delivery of such physical Precious Metal); or provide the details for a valid bank account into which the proceeds of any sale of such Customer Precious Metal is to be deposited; then upon expiry of the applicable Grace Period for the Customer Precious Metal in question, TrezaElite shall be entitled to purchase such Customer Precious Metal with the purchase price being the applicable prevailing price displayed on the Platform for purchase of Precious Metal from Customers.
The purchase proceeds realized from such sale of Precious Metal on the Platform (“Final Sale Proceeds”) after deducting any amounts payable to TrezaElite as storage charges after the free storage period, shall be deposited into a bank account operated by the Administrator who shall be the sole signatory to such bank account. In the event that You shall during a period of 3 (three) years commencing from the date of expiry of the applicable Grace Period (such period being the “Final Claim Period”) notify either the Platform, TrezaElite and/or the Administrator that You are claiming the applicable Final Sale Proceeds, the Administrator shall issue suitable instructions to transfer the Final Sale Proceeds to such bank account as You shall notify for this purpose. Please note that to claim the Final Sale Proceeds You will be required to provide details of a valid bank account and that the Final Sale Proceeds will not be transferred in the absence of such details. At no time will the Final Sale Proceeds be paid to You in cash. In the event that You shall not claim Your Final Sale Proceeds within the Final Claim Period, then the Final Sale Proceeds shall be transferred to the Prime Minister’s Relief Fund or such other fund as You may designate for this purpose at any time prior to the expiry of the Grace Period.
