Rates
Buying commission
The premium applied to the price of the bullion products includes our commission. This commission varies from one product to another and is degressive according to the quantities ordered.
Selling commission
We commit ourselves to buying back precious metals kept in storage units. Our commission is 1% with a minimum of $75.
Annual storage fees
| Assets value * | Fee rate | Storage account maintenance fees |
|---|---|---|
| [From] $1 | 1.50% | $125 (if value is less than $20,000) |
| $60,000 | 1.25% | Free |
| $120,000 | 1.20% | Free |
| $240,000 | 1.15% | Free |
| $360,000 | 1.10% | Free |
| $480,000 | Contact us | |
* Assets value = (number of troy ounces) x (spot price)
| Assets value * | Fee rate | Storage account maintenance fees |
|---|---|---|
| [From] $1 | 1.50% | $125 (if value is less than $20,000) |
| $250,000 | 1.40% | Free |
| $500,000 | Contact us | |
* Assets value = (number of troy ounces) x (spot price)
| Assets value * | Fee rate | Storage account maintenance fees |
|---|---|---|
| [From] $1 | 1.50% | $125 (if value is less than $20,000) |
| $250,000 | 1.40% | Free |
| $500,000 | Contact us | |
* Assets value = (number of troy ounces) x (spot price)
| Assets value * | Fee rate | Storage account maintenance fees |
|---|---|---|
| [From] $1 | 1.50% | $125 (if value is less than $20,000) |
| $250,000 | 1.40% | Free |
| $500,000 | Contact us | |
* Assets value = (number of troy ounces) x (spot price)
Our fee covers:
- Opening and management of storage account in your name with our partner Malca-Amit.
- Secure transportation to the vault.
- Customs clearance insurance: covered by the insurance of our secure storage partner.
- Storage of your gold and silver bullion in a secure vault in New York, Toronto, Zurich or Singapore.
- Sealing of precious metals.
- Issuance of a certificate of ownership in your name.
- Reissuance of storage certificate and new sealings after each selling/buying operation.
- All administrative tasks in relation to the buying, storage and insurance of your precious metals.
BILLING:
- Storage fees are applied on the total value of your holdings for a given metal.
- The value of your holdings is based on the spot price at the time of the order or renewal.
- The storage fees for the first year are invoiced in their entirety at the time of the order.
- From the second year, the storage fees are invoiced quarterly (at the start of each quarter).
- Storage account maintenance fees are applied if the total value of precious metals stored in a given vault is less than $20,000.
Additional services
| VAULT VISIT | PERSONAL PICKUP* | Photos** |
|---|---|---|
| $200 | $200 | $10 per unit |
* In the case of physical silver, one will have to pay the customs import declarations and the value-added tax (VAT), since it will be out of the duty-free zone.
** This service is available only prior to actual storage of the products.
These fees do not constitute an exit penalty; they cover handling and administrative duties required when verifying or withdrawing gold/silver, partially or entirely (withdrawal, use of a showroom, re-packing, sealing, assistance).
Bank fees
SEPA wire transfer
SWIFT wire transfer
Wire transfer in foreign currency
For transfers in euro made from a European Union country, we advise using a SEPA transfer (Single Euro Payments Area), which is free in most banks. If you use either international transfers, SWIFT etc., the following banking charges shall be applied by our bank.