Plainly stated.

§ 01

Nature of Service

The Grail Bank is a specialty finance company that extends loans secured by collectible assets. We are not a depository institution, a brokerage, or an investment advisor. We do not accept deposits, manage portfolios, or provide investment, legal, or tax advice.

§ 02

Eligibility

All loans are subject to confidential review, independent authentication, condition verification, underwriting, and final acceptance. Not every submitted asset qualifies. Indicative terms provided during initial review are non-binding.

§ 03

Title & Ownership

Title to collateral remains with the client throughout the loan. The Grail Bank acts solely as secured lender and custodian against the asset.

§ 04

Custody & Insurance

While in our custody, collateral is stored at our vault facility under Lloyd's of London coverage at appraised replacement value. Custody is maintained until the loan is satisfied in full and the asset is returned.

§ 05

Default & Surplus

If a loan is not satisfied, the collateral is liquidated through our auction network. Any proceeds above the outstanding loan balance, accrued interest, and fees are returned to the client in full. The client is never personally pursued for any shortfall — the collateral itself is the entire security.

§ 06

Confidentiality

Client identity, holdings, and loan terms are held in strict confidence and disclosed only as required by law or court order.

§ 07

Market Risk Notice

Collectible asset values fluctuate. Clients should consult independent financial and tax advisors before pledging significant holdings as collateral.

Last reviewed · August 2026