HAA is a financially secure, stable business. However, we believe our customers deserve additional assurance that their assets are safe and secure, so we have entered into a three-way agreement between HAA, GBI, and each of our vaulting partners (Malca Amit, Brinks, and Loomis). These specify that the metal held in HAA's account at each vault location is owned solely by HAA's customers and is stored for the customers' benefit.
Should either HAA or GBI become insolvent or otherwise be unable to perform its business duties, the surviving entity shall step in and assume the other party's responsibilities with respect to customer metal. The vaulting partners understand and have agreed to take direction from the surviving entity, which will direct the vault according to each customer's instructions.