# UTGL

> Living without banking

UTGL is a Hong Kong trust company offering private trust administration, offshore accounts, and asset-linked credit cards for high-net-worth individuals and businesses.

UTGL provides private trust administration for individuals and institutions, enabling them to hold, convert, and administer fiat currencies, precious metals, and digital assets within a Hong Kong legal trust structure. Users can open offshore accounts, make cross-border payments, and access credit cards linked to their trust-held assets. The company holds multiple regulatory registrations including as an MSB and TCSP.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2021-04-01
- Profile: https://thegrid.id/profiles/utgl

## Products

- [UTGL Trust Platform](https://thegrid.id/profiles/utgl): UTGL Trust Platform is a Hong Kong private trust platform that consolidates client assets—including fiat currencies, securities, precious metals, and digital assets—within a fiduciary structure under the Trustee Ordinance (Cap. 29). Users hold multi-currency accounts in Hong Kong, Singapore, and the United States, access global stock, bond, and fund markets, pay cross-border invoices, convert assets, and spend via a Mastercard credit card collateralized by trust-held assets. UTGL acts as licensed trustee holding legal title on behalf of settlors. Trust structures under Hong Kong law carry no capital gains, inheritance, or gift tax and do not require public registration. (Financial Services Platform, Live, Main Product)
- [UTGL Trust White Label](https://thegrid.id/profiles/utgl): A B2B service enabling financial institutions and family enterprises to establish trust companies in Hong Kong using UTGL's regulatory licenses, technology infrastructure, and banking network. Clients receive trust company formation support, access to pre-established bank accounts, compliance and regulatory administration, and the option to co-issue Mastercard credit cards under their own branding using UTGL's card-issuing license. The service targets large financial groups seeking to extend trust services to their own clients and high-net-worth family businesses seeking autonomous governance over treasury assets. (Custody Technology Provider, Live)

## Links

- [Main](https://www.utgl.net)
- [Blog](https://www.utgl.net/resources/blog)
- [Documentation](https://help.utgl.io/en)
- [Terms of Service](https://www.utgl.net/terms-and-conditions)
- [Privacy policy](https://www.utgl.net/privacy-policy)
- [Twitter / X](https://x.com/utgl_official)
- [LinkedIn](https://www.linkedin.com/company/utgl)
- [YouTube](https://www.youtube.com/@utgl_official)
- [Facebook](https://www.facebook.com/utglofficial)
- [Instagram](https://www.instagram.com/utgl_official)
- [Medium](https://utgl.medium.com)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP