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
| Stock inspection | Vault pickup* | Photos** |
|---|---|---|
| $220 | $220 | $20 |
* 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.