$ USD£ GBP€ EUR
  • Metal
  • Ounce
  • Gram
  • Gold
  • $1784.670
  • $57.378
  • Silver
  • $20.592
  • $0.662
Spot Prices. Updated 08:48 09/08/22

Pricing

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Currency for illustration

To illustrate our Charges and Fees we use $ USD United States Dollars, which is the default currency on the Central Bullion Platform.

 


 

Buying Bullion from Central Bullion Ltd

When you BUY Bullion from Central Bullion Ltd, you pay a % (percentage of the bullion value) Service FEE to Central Bullion Ltd.

 

Service Fees for Buying Bullion

SERVICE

FEES

BUY GOLD 0.50 %
BUY SILVER 1.50 %

FEES are deducted from your Central Bullion Account Wallet.

The same FEES are charged for Manual Purchases and Automated Purchases.


VAT: UK users are charged 20% VAT (added) on Service FEES.

 

 


 

Selling-Back Bullion to Central Bullion Ltd

When you SELL-BACK Bullion to Central Bullion Ltd, you pay a % (percentage of the bullion value) Service FEE to Central Bullion Ltd.

 

Service Fees for Selling-Back Bullion

SERVICE

FEES

SELL-BACK GOLD 0.50 %
SELL-BACK SILVER 1.50 %

FEES are deducted from your Central Bullion Account Wallet.


VAT: UK users are charged 20% VAT (added) on Service FEES.

 

 


 

Exchange Metal Types of Bullion - Gold for Silver / Silver for Gold

When you EXCHANGE Gold Bullion for SILVER Bullion and vice versa, you pay a % (percentage of the bullion value) Service FEE to Central Bullion Ltd.

 

Service Fees for Exchanging Metal Types of Bullion

SERVICE

FEES

GOLD for SILVER 1.75 %
SILVER for GOLD 0.75 %

FEES are deducted from your Central Bullion Account Wallet.


VAT: UK users are charged 20% VAT (added) on Service FEES.

 

 


 

Vaulting & Insurance

When you buy Bullion from Central Bullion Ltd, it remains Vaulted and Insured. The FEE that you pay for Vaulting and Insurance is calculated and charged at the end of a 30 day period.

 

Vaulting & Insurance

SERVICE

FEES

GOLD VAULTING & INSURANCE

0.12% of mean average bullion value during a 30 day period. (* min. $5.95 USD)

SILVER VAULTING & INSURANCE

0.28% of mean average bullion value during a 30 day period(** min. $5.95 USD)

** Subject to minimum $5.95 USD FEE per 30 day period.

The Mean Average formula is used to calculate the Vaulting and Insurance Fees that you pay.

 

'sum' is the grams of Gold and Silver Bullion in your portfolio (as at the end of each day during a 30 day period), which are added together.

'number' is 30 days.  

 

 


 

Deposit of Funds

When you DEPOSIT Funds to your Central Bullion Account Wallet, the process is subject to three types of FEES:

(A) Payment by Card Fee.

(B) Bank Transfer Fee.

(C) Local Currency Conversion Fee.

 

Deposit of Funds

CURRENCY & COUNTRY

FEES

Payment by Card
All Currencies and Countries 2.90 %
Bank Transfer
GBP to UK Bank. <£20,000 (BACS) Normally Free
GBP to UK Bank. £20,000> (CHAPS) £20.00 GBP
EUR to EU, EEA & Swiss Bank (SEPA) Normally Free
USD to US Bank (ACH) $10.00 USD
USD to US Bank (SWIFT) $30.00 USD
Local Currency Conversion
GBP, USD, EUR 0.00 %

Local Currency % Fees: Local Currency Converison Fees are avoided by you Depositing your funds in the same currency as the appropriate Central Bullion Ltd Bank Account. Central Bullion Ltd has Bank Accounts in $ USD, £ GBP & € EURO.

Note: Your Bank may still deduct or charge an additional fee, for which Central Bullion Ltd has no control.


The PAYMENT BY CARD FEES are calculated as a % of the Funds Deposited and are deducted from the total funds that you receive into your Central Bullion User Account Wallet.

The BANK TRANSFER FEES may be deducted from your Central Bullion Account Wallet or deducted from your own Bank Account.


VAT: The FEES are not subject to VAT. 

 

 


 

Withdrawal of Funds

When you WITHDRAW Funds from your Central Bullion Account Wallet to your own Bank Account, the process is subject to three types of FEES:

(A) Funds Withdrawal Fee.

(B) Local Currency Conversion Fee.

(C) Bank Transfer Fee.

 

Withdrawal of Funds

CURRENCY & COUNTRY

FEES

Funds Withdrawal
All Currencies and Countries

0.25 % (* min. $30.00 USD)

Local Currency Conversion
GBP, USD, EUR 0.00 %
Bank Transfer
GBP to UK Bank. <£20,000 (BACS) Normally Free
GBP to UK Bank. £20,000> (CHAPS) £20.00 GBP
EUR to EU, EEA & Swiss Bank (SEPA) Normally Free
USD to US Bank (ACH) $10.00 USD
USD to US Bank (SWIFT) $30.00 USD

Local Currency % Fees:  Local Currency Converision Fees are avoided by you Withdrawing your funds from the appropriate Central Bullion Ltd Bank Account of the same currency as your linked Bank Account. Central Bullion Ltd has Bank Accounts in $ USD, £ GBP & € EURO.

Note: Your Bank may still deduct or charge an additional fee, for which Central Bullion Ltd has no control.


The FUNDS WITHDRAWAL FEES are deducted from your Central Bullion Account Wallet.

* Subject to minimum $10.00 USD FEE.

The LOCAL CURRENCY FEES are calculated as a % of the Funds Withdrawn and are deducted from the total funds that you receive into your Bank Account.

The BANK TRANSFER FEES may be deducted from your Central Bullion Account Wallet or deducted from the total funds that you receive into your Bank Account.


VAT: UK users are charged 20% VAT (added) on the FUNDS WITHDRAWAL FEES.

 

 


 

Account Changes

When you create a Central Bullion User Account you can at any time change your details in your Personal Dashboard. However you cannot, without permission, change your User Name, Central Bullion Account ID Number, Full Legal Name of Person or Company and Linked Bank Account, for which we charge the Fees below.

 

Account Changes

SERVICE

FEES

Change of Linked Bank Account $30.00 USD
Change of Legal Name of Person $30.00 USD
Change of Legal Name of Business/Company $30.00 USD
AML Validation $10.00 USD
Password Reset  $20.00 USD

The FEES are billed and paid by Credit/Debit Card.


VAT: UK users are charged 20% VAT (added) on Service FEES.


Note: To comply with legal requirements, when you request any changes to Name and/or Linked Bank Account, we must carry out an AML Validation process, for which you are charged.  

 

 


 

Penalties

It is important that all Central Bullion Users and anyone who is creating a Central Bullion User Account, that the Central Bullion Terms and Conditions are followed at all times and you may be charged the Penalties below for non-compliance.

 

Penalties

SERVICE

FEES

Trading Device Server Abuse (inappropriate and/or unauthorised access or use of our servers by any means, including trading bots, will result in you being charged Time and Materials Penalties for our expenses in reversing the abuse of our systems) $100.00 USD per hour
Free Bullion Promotion Abuse (attempting to abuse this Free gift from us by any means including creating multiple Accounts will result in you being charged Time and Materials Penalties for our expenses in reversing the abuse of our systems) $100.00 USD per hour

The FEES are billed and paid by Credit/Debit Card.


VAT: UK users are charged 20% VAT (added) on Service FEES.

 

 


 

Miscellaneous Administration

The fees below show the Fees that we charge for various Miscellaneous Administration tasks in relation to your Central Bullion User Account.

 

Miscellaneous

SERVICE

FEES

Deceased Account Administration (Deceased Account Administration Fees are charged at $500 USD or 1.0% of the value of the account, which ever is higher) $500.00 USD or 1.0% of Account Value
Exceptional Work Time and Materials (fees are charged for Administering Accounts through Divorces, Company Liquidations, Dissolving Trusts, Litigation) $100.00 USD per hour
Contacting your Bank (we may occasionally need to contact your Bank to satisfy ourselves of any matters regarding your Linked Bank Account) $30.00 USD
Currency Holding Fee (where we are charged by our Banks a negative interest rate on funds held in your Central Bullion Account Wallet, you will be charged an appropriate fee) Min. $10.00 USD

The FEES are billed and paid by Credit/Debit Card.


VAT: UK users are charged 20% VAT (added) on Service FEES.

 


 

Any more questions ?

After reading through the information supplied on our website, if you have more questions please do not hesitate to contact us.

 


 

Risks, Tax Liabilities, Legal Obligations and Reporting Requirements

Central Bullion Ltd does not give advice or recommendation as to any kind of personal or business investing/trading, tax liabilities, legal rules and obligations, or reporting requirements and the information provided on the Central Bullion platform, video tutorials, invoices or other means of communication should not be relied upon and/or acted upon as such.

Before purchasing or selling precious metal Bullion on the Central Bullion Platform, or by any other means, you should seek your own independent advice from an appropriately qualified Advisor in your own Country.

IMPORTANT: Precious metal prices can be volatile and the value of any metal that you purchase, or sell, can go down as well as up. 

Please read: the Disclaimer at the Bottom of the Webpage.

 


 

Join the 30,000+ Central Bullion global community today!