The International Settlement  Association (ISA) sponsors the free exchange and individual holding of XAU-Gold Bullion on an per oz basis. The International Settlement  Association XAU Bullion  Market is the  primary global market for trading dematerialised bullion.  Bullion is traded over-the-counter (OTC) 24 hours a day 365 days a year with a zero fees and zero spread. All trading takes place on a fixed 24hr LBMA market spot prices to 157 Local Currency Units.

Lots of 1 oz dematerialised gold bars can be purchased and held by any individual secure Identity in exchange for any local currency on a daily LBMA spot price. Each and every bar is exclusively owned and held by each individual.

Note
The term "bullion" comes from the Anglo-Norman term for a melting-house where metal was refined. It also comes from the French word bouillon, which means "boiling".