Offshore Gold, Silver, Platinum and Palladium bullion storage is available in The United States, The United Kingdom, Switzerland or Hong Kong. Unless a a specific vault location is requested by the client, Suisse Gold shall allocate precious metals orders in one or several of the vault locations per the availability of inventory at the time of the order.
Bullion storage is offered to our clients free of charge for the first year
after purchasing precious metals through Suisse Gold. Thereafter, allocated bullion storage is available at the
following annual rates (billed monthly):
Silver: 2% (0.166% Per Month) of the total market value in storage.
The storage fees accrue from the 366th day that items are held, at which point storage charges are billed monthly in advance. The minimum monthly storage fees are €12.50 (or currency equivalent) per storage account / username commencing on the 366th day.
The value of metals stored is calculated per the preceding month's average price as published by the London Bullion Market Association (LBMA).
All bullion purchased for storage is physically allocated to each order. Upon request, clients may receive the serial numbers for goods where applicable for a fee. This fee covers the time of the vault staff and administration costs of removing each item from storage, confirming its serial number and replacing it.
Storage is invoiced monthly. It is possible to place money on account to cover future storage charges. Bullion is allocated to each client and is the property of the client, not Suisse Gold.
Bullion Sale / Delivery from Storage
Clients may monitor, sell or request shipping of their holdings at any time through the 'My Vault' section of our site when logged into their account.
If a client selects delivery of items in storage, they will receive an invoice via email for the shipping fees. Upon receipt of payment, goods will then be dispatched to the client. Shipping of bullion is available to select countries, and may not be available to all locations depending on Insurance Coverage while in transit. Please note that our standard shipping rates will apply.
If a client elects to sell some or all of their holdings, the funds will be credited to the client's Suisse Gold account in the selected currency within two business days. Suisse Gold pays up to 98% of the prevailing spot price of the precious metals being sold from storage. Clients may then elect to leave funds on account for future purchases or may request a wire transfer to a third party bank or financial institution. Wire transfers to a third party bank or financial institution will be made within 10 business days of the date of the request. For security reasons, the maximum amount that may be withdrawn from a Suisse Gold account is $100,000 USD or currency equivalent per calendar month.
If you request any additional services, please check our vault fee schedule.