---
title: What would happen if VeraCash went bankrupt?
description: If the company went bankrupt, your precious metals would not disappear, but would be resold and paid back into your bank account.
---

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May 30, 2024

# What would happen if VeraCash went bankrupt?

## If the company went bankrupt, your precious metals would not disappear, but would be resold and paid back into your bank account.

In the hypothetical event that VeraCash ceases its activity as part of the implementation of a bankruptcy proceeding, the products held in the safes will be sold at the market price. The consideration for the sale will be paid by bank transfer to the Member's bank account, as indicated at the time of registration, in accordance with our Terms and Conditions.

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