One of the core missions of UPMA is to facilitate the circulation of sound money because there should be a choice in currency. In order to accomplish this we are in the process of building a world class payment system that members will be able to use through their phones or other internet devices. This will allow members to make payments denominated in gold and silver dollars to other members with extreme ease.
UPMA currently offers a more manual process for moving funds from one account to another within our closed-loop system. Members may call into the office or send an email to initiate a transfer request. From this point we will work to authenticate the member’s identity and make the transfer within 2 business days.
Currently all gold and silver transfers must be in exchange for goods and services or be between accounts owned by the same member.