I don’t know what a “mail panel” is but if you are feeding a 50KVA step down transformer (assuming conversion to a single phase system as you did not specify?), then why are you terminating the service at 70 amperes?
The primary current of the step down transformer will be 50,000 KVA / 480 v input = 104 i amperes
The OCPD for primary of step down transformer (as far as I know) will be 250% x 104 amperes = 260 i ampere breaker (size to next size lower breaker for standard breaker) for inrush current but not 70 ampere breaker
A 3 phase system such as delta/ delta separately derived system transformer which does not have a system bonding jumper or no ground conductor, bonding connected between the transformer secondary windings and cabinet/ EGC system, is considered an UNGROUNDED SYSTEM even though the cabinets are to be bonded together and connected to a ground rod. This is a grounded cabinet for transformer but not a grounded system
This set up requires ground detectors to be installed instead of a grounded system (such as delta/ delta) Since you do not have the system grounded it is LESS SAFE than a grounded system because a ground fault, line to ground will not trip a breaker. This is why ground detectors are required to set an alarm or light to alert of this fault.