Pricing
YOUR 'WEBSITE USER FEES PRICING' - INFORMATION GOES HERE
EXAMPLES BELOW:
Buying Vaulted Bullion from us.
When you BUY Vaulted Bullion from us, you pay a % (percentage) of the bullion value as a Service FEE to us.
Service Fees for Buying Vaulted Bullion from us. |
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SERVICE |
FEES |
| BUY GOLD | 1.50 % |
| BUY SILVER | 5.50 % |
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Selling Vaulted Bullion on the Peer-2-Peer Market
When you SELL Vaulted Bullion on the Peer-2-Peer Market, you pay a % (percentage) of the bullion value as a Service FEE to us.
Service Fees for Selling Vaulted Bullion on the Peer-2-Peer Market |
|
SERVICE |
FEES |
| SELL GOLD | 1.50 % |
| SELL SILVER | 5.50 % |
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Buying Vaulted Bullion on the Peer-2-Peer Market
When you BUY Vaulted Bullion on the Peer-2-Peer Market, you pay a % (percentage) of the bullion value as a Service FEE to us.
Service Fees for Buying Vaulted Bullion on the Peer-2-Peer Market |
|
SERVICE |
FEES |
| SELL GOLD | 1.50 % |
| SELL SILVER | 5.50 % |
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Regular Auto-Investment
When you set up the Regular Auto-Investment service, for each automatic purchase of bullion, you pay a % (percentage) of the bullion value as a Service FEE to us.
Service Fees Converting Vaulted to Delivered Bullion |
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SERVICE |
FEES |
| AUTO-PURCHASE | 1.50 % |
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Exchange Metal Types of Vaulted Bullion - e.g Gold for Silver
When you EXCHANGE Metal Types of Vaulted Bullion e.g. Gold Bullion for SILVER Bullion, you pay a % (percentage) of the bullion value as a Service FEE to us.
Service Fees for Exchanging Metal Types of Bullion |
|
SERVICE |
FEES |
| GOLD for SILVER | 1.50 % |
| SILVER for GOLD | 5.50 % |
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Transferring (sending ownership) of Vaulted Bullion to another person.
When you TRANSFER (send ownership) of Vaulted Bullion to another person, you pay a % (percentage) of the bullion value as a Service FEE to us.
Service Fees for Transferring (sending ownership) of Vaulted Bullion |
|
SERVICE |
FEES |
| TRANSFER (Send) GOLD | 1.50 % |
| TRANSFER (Send) SILVER | 5.50 % |
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Receiving Ownership of Vaulted Bullion Transferred from another person.
When you receive ownership of Vaulted Bullion Transferred from another person, you pay a % (percentage) of the bullion value as a Service FEE to us.
Service Fees for Receiving Ownership of Transferred Vaulted Bullion |
|
SERVICE |
FEES |
| TRANSFER GOLD | 1.50 % |
| TRANSFER SILVER | 5.50 % |
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Vaulting & Insurance
When you buy Vaulted Bullion from us or from another Website User on the Peer-2-Peer Market, 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 |
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SERVICE |
FEES |
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GOLD VAULTING & INSURANCE |
0.12% of mean average bullion value during a 30 day period. (min. £5.95 GBP) |
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SILVER VAULTING & INSURANCE |
0.28% of mean average bullion value during a 30 day period(min. £5.95 GBP) |
| MEAN AVERAGE FORMULA | |
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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. |
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Deposit of Funds
When you DEPOSIT Funds to your Website User 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 % |
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Withdrawal of Funds
When you WITHDRAW Funds from your Website User 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 |
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Account Changes
When you create a Website User Account you can at any time change your details in your Personal Dashboard. However you cannot, without permission, change your User Name, Account ID Number, Full Legal Name of Person or Company and Linked Bank Account, for which we charge the Fees below.
Account Changes |
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SERVICE |
FEES |
| Change of Linked Bank Account | £30.00 GBP |
| Change of Legal Name of Person | £30.00 GBP |
| Change of Legal Name of Business/Company | £30.00 GBP |
| AML Validation | £10.00 GBP |
| Password Reset | £20.00 GBP |
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Penalties
It is important that all Website Users and anyone who is creating a Website User Account, that the our Terms and Conditions are followed at all times and you may be charged the Penalties below for non-compliance.
Penalties |
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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 GBP 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 GBP per hour |
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Miscellaneous Administration
The fees below show the Fees that we charge for various Miscellaneous Administration tasks in relation to your Website User Account.
Miscellaneous |
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SERVICE |
FEES |
| Deceased Account Administration (Deceased Account Administration Fees are charged at £500 GBP or 1.0% of the value of the account, which ever is higher) | £500.00 GBP 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 GBP 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 GBP |
| Currency Holding Fee (where we are charged by our Banks a negative interest rate on funds held in your Website User Account Wallet, you will be charged an appropriate fee) | Min. £10.00 GBP |
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