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Express Gold Cash offers competitive rates, paying as much as 90% of the gold bullion value and up to 85% of refined jewelry value, dependent on the current market price.
Hawala or hewala (Arabic: حِوالة ḥawāla, meaning transfer or sometimes trust), originating in India as havala (Hindi: हवाला), also known as havaleh in Persian, [1] and xawala or xawilaad [2] in Somali, is a popular and informal value transfer system based on the performance and honour of a huge network of money brokers (known as hawaladars).
Under the leadership of Jeff Aronson, the company claimed to pay between 20-80% of the melt value of the items to the seller, [16] though independent reports suggest less than 20% of the value was normal. [17] [18] The norm for the gold-buying industry is for the seller to be paid more than 90% of the value of the gold. [16]
Gold attracts various forms of fraudulent activity. Some of the most common are: Cash for gold – With the rise in the value of gold due to the financial crisis of 2007–2010, there has been a surge in companies that will buy personal gold in exchange for cash, or sell investments in gold bullion and coins.
A value transfer system may fall into one or more of these groups: Retail value transfer systems: Traditional retail value transfer systems, e.g. Bank transfer, Wire transfer, Post offices transfer service or specialist companies such as Western Union; Internet-only value transfer systems, e.g. Electronic money such as PayPal, eGold, Liberty ...
Users could convert their cash to e-money through cash-in and cash-out outlets like sari-sari stores with a transaction fee of ₱1.00. [ 4 ] [ 5 ] GCash launched its mobile application in 2012 to shift from physical outlets to a digital cashless system. [ 6 ]
The Victorian Producers’ Co‐operative Company Limited (VPC) was an agricultural cooperative which operated as a financer and sales agency in Victoria, Australia, for the co-operate benefit of farmer members. It was established in 1910 and continued in operation until taken over by the firm Elders in 1999.
The company announced that its service facilitated transportation between the Western goldfields in the colony to Melbourne. [8] The company was born in the peak of the Victorian gold rush [20] and the Geelong line has strategic geography since major gold mines were located in the north of the town with near distance. [8]