- Distributor will accept the payments for Buy and Delivery (Minting Charges) Transactions from all the Customers.
- Distributor will send money to the Customer for all the Sell Transactions done by the Customers.
- For Buy and Delivery Transactions, Distributors will send the Money to Safegold (minus the Distributor Fees and GST Percentage on the Distributor Fees) to Safegold as agreed mutually between Safegold and Distributor.
- For all Sell Transactions, Safegold will send the Entire money to Distributor as agreed mutually between Safegold and Distributor.
- There will be two levels of reconciliation between Safegold and Distributor. The first level of reconciliation will be on the accounting level of bulk transactions on a daily basis. The second level of reconciliation will be on a per-transaction basis as mentioned here.
If there is any reconciliation problem, it will be resolved offline between SafeGold and Distributor.