International Depository Services

What International Depository Services does

International Depository Services Group (IDS Group) is a privately-held division of Dillon Gage Metals that provides segregated and allocated physical precious-metals custody for gold, silver, platinum, and palladium bullion and certified coins from three North American facilities located in New Castle (Delaware), Dallas (Texas), and Mississauga (Ontario). The company serves three primary customer segments: institutional and commercial clients (market makers, refineries, mining operations, international mints, and bullion dealers); individual investors seeking secure personal bullion storage; and IRA/RSP custodians requiring IRS-approved or IIROC-approved depositories for self-directed retirement-account metals. Storage is delivered through UL-rated Class III vaults, multi-redundant 24/7 security systems, all-risk insurance underwritten by Lloyd's of London, and a proprietary 24/7 online client portal that supports account access, real-time inventory and transaction notifications, reporting, and shipment tracking.

The company's regulatory positioning is central to its defensibility: IDS of Delaware is one of only eight COMEX/CME-approved depositories and is approved for all precious metals by COMEX, and is also an approved ICE Futures US depository; IDS of Canada is the first full-service IIROC-approved bullion depository in Canada and one of only eight globally; and all three facilities hold LBMA Associate and NCBA memberships. These accreditations, combined with segregated storage and audited inventory processes, support the company's positioning as a high-credibility institutional custodian.

Revenue is generated through recurring storage fees calculated as a percentage of stored asset value, generally ranging from 0.30% to 0.65% annually (with Canada-specific tiered pricing from 0.50% to 0.80%), plus ancillary logistics and inventory-fulfillment services. IDS Group operates a direct enterprise field-sales motion targeting commercial counterparties through its depository staff, a self-service motion through the proprietary client portal for individual investors, and a channel/partner motion through self-directed IRA custodians (including Equity Trust) and bullion dealers that direct clients to IDS facilities. The business is operationally tied to its parent, Dillon Gage Metals, which has traded, refined, and serviced precious-metals clients since 1976.

Name

International Depository Services

Legal name

International Depository Services Group

Website

https://internationaldepositoryservices.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

International Depository Services Group provides segregated and allocated physical custody of gold, silver, platinum, and palladium bullion across three North American Class III vaults in Delaware, Texas, and Ontario, serving institutional clients, individual investors, and self-directed IRA/RSP custodians under COMEX, LBMA, IIROC, and ICE Futures US accreditations with Lloyd's of London-backed insurance.

Ownership category

akta.pro rank

Product category

Precious Metals Custody Services

NAICS

General Warehousing and Storage (493110)

SIC

Public Warehousing & Storage (4220)

akta.pro primary industry

Secure Storage, Vault Rental & Safe Custody (Non-Bank) (BPAKAIAJ)

akta.pro secondary industries

Precious Metals & Bullion Logistics Security (BPAKAIAF), Specialty Storage (Wine, Art, Document Vaults) (HSAKAGAF)

Keywords

• Precious metals storage
• Bullion depository services
• Segregated gold custody
• IRA bullion custody
• Precious metals vaulting

Headquarters

HQ city

New Castle

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Precious Metals Storage Fees: Annual storage fees charged as a percentage of the total value of precious metals held in custody. Fees are based on stored asset value with no minimum storage requirement but with minimum billing fees per billing period.
2. Semi-Annual Billing (Canada): Individual accounts in Canada are invoiced semi-annually at the end of June and December. Fees calculated based on the daily value of account holdings.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

International Depository Services Group operates three strategically located precious metals depositories in North America (Delaware, Texas, and Canada) providing secure, segregated storage for gold, silver, platinum, and palladium bullion and certified coins. Services include Commercial Bullion Storage for institutional clients, Investor Bullion Storage for individuals, IRS-approved IRA Custodian Accounts, and Bullion Inventory Fulfillment & Distribution with logistics support. All deposits are protected by UL-rated Class III vaults, multi-redundant 24/7 security systems, and all-risk insurance underwritten by Lloyd's of London, with account access through a proprietary online client portal.

Product overview

International Depository Services Group operates a comprehensive precious metals storage platform with three strategically located depositories across North America (Delaware, Texas, and Canada). The core offering consists of segregated storage services for gold, silver, platinum, and palladium bullion, coins, and certified coins, with the proprietary Online Client Portal providing 24/7 account access. The company serves distinct client segments through Commercial Bullion Storage (institutional clients, mints, refineries, mining operations), Investor Bullion Storage (individual investors), and IRA Storage Accounts (self-directed IRA holders). Additional services include Bullion Inventory Fulfillment & Distribution (logistics), Precious Metals Storage Audit & Regulatory Compliance, and allocated storage options. All locations feature Class III gold vaults, multi-redundant security systems, and insurance coverage underwritten by Lloyd's of London.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Bullion Storage Precious metals storage services tailored for institutional clients, commercial investors, market makers, refineries, mining operations, and international mints, offering secure segregated vault services, logistics, and global distribution.
• Investor Bullion Storage Precious metals storage solutions for individual investors storing gold, silver, platinum, palladium, and certified coins with segregated storage options and 24/7 online account access.
• IRA Storage Accounts IRS-approved segregated storage for self-directed IRA precious metals held in gold, silver, platinum, and palladium at IDS of Delaware and IDS of Texas; IDS of Canada offers equivalent RSP (RRSP/TFSA) approved storage.
• Bullion Inventory Fulfillment & Distribution Full-service logistics and drop-shipping services enabling clients to distribute precious metals inventory throughout North America and worldwide, including customs clearance and international shipping assistance.
• Segregated Storage Premium storage option where each client's gold, silver, platinum, or palladium is physically isolated from other metals in the facility and stored separately from other clients' and dealers' positions, ensuring exact items deposited are returned.
• Allocated Storage Storage arrangement where a dealer assigns specific quantities of metals to individual client accounts, suitable for investors looking for representation in metal without expecting physical delivery.
• Online Client Portal Proprietary 24/7 online portal enabling clients to access and manage their stored precious metals accounts, view transaction activities, account statements, itemized reports, and shipment tracking from anywhere in the world.
• Precious Metals Storage Audit & Regulatory Compliance Comprehensive auditing and regulatory compliance services including annual, monthly, and daily activity audits (internal and external) to verify the security of investments and ensure regulatory compliance.

Quantifiable outcome

• 100% insurance coverage against loss through Lloyd's of London all-risk policy
• +2 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• Equity TrustcoreChannel Partner/ Reseller/ Distributor · 11 September 2019Equity Trust, a major self-directed IRA custodian, selected IDS for IRA bullion storage services. This partnership enables Equity Trust clients to store precious metals in IDS facilities as part of their self-directed retirement accounts.
• IRA Custodians and TrusteescoreChannel Partner/ Reseller/ DistributorIDS has established relationships with the most elite, service-oriented IRA administrators and trust companies. These custodians set fees and control all movements within SDIRA accounts while IDS provides the physical storage infrastructure.
• Bullion DealerscoreChannel Partner/ Reseller/ DistributorIDS stores metals on behalf of many of the world's leading bullion dealers. The company recommends active dealers to clients within IDS depositories and facilitates in-depository buy/sell transactions, saving time and shipping costs.
• Lloyd's of LondoncoreOthersAll IDS Group facilities maintain all-risk custody insurance policies underwritten by Lloyd's of London, the world's leading provider of specialized asset insurance. This coverage protects all deposits stored in IDS facilities against loss, theft, damage, and natural disasters.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• CME Group (COMEX Vaults): Operates the COMEX exchange and its approved depository network (of which IDS of Delaware is one of eight). Comparable in regulatory gatekeeping role and overlapping customer base with institutional precious metals market makers and commercials.
• Brink's Global Services: Large global secure logistics and vaulting operator offering precious metals storage alongside cash-in-transit. A broader incumbent than IDS, but directly competes for institutional bullion storage, refining, and minting customers across North America.
• Loomis (formerly Via Mat): International cash handling and valuables logistics provider with vaulting services. Competes with IDS in the secure storage of high-value physical assets, though Loomis's portfolio is dominated by cash logistics.
• Scotia Precious Metals (Scotiabank): Canadian bank's precious metals division offering storage, trading, and allocation services. Comparable to IDS Canada in serving bullion investors in Canada, but operates as a bank custodian rather than a non-bank depository.

Direct peers

• Malca-Amit: Global precious metals logistics and vaulting specialist with secured storage for gold, silver, platinum, and diamonds across multiple jurisdictions. Closest comparable to IDS in business model (segregated non-bank vaulting for institutional and high-net-worth clients) and customer base.
• CNT Depository: Specialty precious metals depository offering allocated and segregated storage in the U.S. Direct niche competitor to IDS serving individual investors, IRA holders, and bullion dealers with vaulting and IRA-approved storage.

Regional players

• Royal Canadian Mint: Canadian government entity offering precious metals storage and refining services. Adjacent to IDS Canada in serving sovereign and institutional mint customers, though operates as a sovereign entity with different competitive dynamics.

Emerging players

• GoldMoney / BullionVault: Digital precious metals platforms offering allocated physical storage with online trading. Competes with IDS for retail and self-directed investors but substitutes digital custody experience for IDS's segregated physical vaulting model.
• Gainesville Coins (PMDS Depository): Smaller U.S. specialty bullion dealer and depository offering IRA-eligible precious metals storage. Niche competitor to IDS in individual investor and SDIRA segments, with a more limited geographic footprint.

Others

• PAMP Suisse (MKS PAMP GROUP): Major LBMA-accredited precious metals refiner and vault operator. Adjacent ecosystem participant that competes for refinery and mint-level storage customers and is a likely partner/customer for IDS as a competitor in LBMA-grade bullion logistics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/diamond-state-depository

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about International Depository Services