What happens if an authorized RCMPA Dealer goes out of business?
During the application process, customers are asked to accept the terms of separate agreements. One agreement is made with the customer and the authorized RCMPA dealer to establish the terms of buying the precious metals, and a second agreement is entered into between the Mint and the customer regarding the storage of the precious metals. This is not a tri-party agreement. The customer has a direct relationship with the Mint. As an RCM Prestige Account holder, the Mint has the custodial responsibility for the credits in your account. This means that debt collectors for any authorized RCMPA dealer who goes out of business cannot seize the credits from your RCMPA account. Your precious metals will remain safeguarded within the Mint’s facilities in the event that an RCMPA dealer goes out of business.
