Gold And Silver Storage Rates

Unlike Bank Deposit Protection your BullionVault insurance (included) protects you to the full value of your bullion, with no cap.

Withdrawing Gold and Silver

The vast majority of users keep their metal safely in the vault. When they sell, they receive cash in their BullionVault account which can then be withdrawn back to their bank account.

But you can also withdraw the metal. The fees vary according to the circumstances:

Gold

1. Where you cannot reasonably be paid safely by bank transfer we reduce our fee to just 1%, plus transport and insurance costs, regardless of the size of your withdrawal.
2. Where the normal bank transfer could be used, but you elect a physical withdrawal, there are 3 options:
   1. For whole, standard 400 oz gold bars the cost is 2.5% plus insured shipping.
   2. Smaller standard 100g bars cost about 3-5% - depending on the location they are going to. This includes shipping and insurance.
   3. We also allow withdrawal of non-standard amounts (e.g. smaller bars) but these cost 7.5% as we have to buy these products in to meet your request. The minimum withdrawal is 50g.

Silver

We only support withdrawal of whole 1,000 oz bars of silver bullion. The fee is 10%.

BullionVault gold and silver are both VAT (sales tax) free - for as long as they are held in our vaults. Upon physical withdrawal gold remains exempt, but 20% VAT then applies on silver.

3 simple steps to buying gold or silver on BullionVault

1. Open an account by clicking the 'Open Account' link on the top right of our front page. We'll give you a small amount of metal to help you try out BullionVault.
2. Transfer money from your bank to fund your account; money usually arrives the same day. Our banking instructions are displayed after account opening. Call or email us if you need help. We'll send you an email as soon as your money arrives.
3. You are now ready to buy. Just go ahead and buy online or phone customer services if you need assistance (09:00 to 22:00 Monday to Friday). They aren't sales-people – just friendly and knowledgeable support staff who'll explain what to do

2 Hours

The two hours depends on how long it takes your bank to send money to our bank in London.

Sending funds from Europe will usually take 2 - 4 hours if your bank is instructed on a weekday morning.

US East coast banks can usually get money to us within 2 - 3 hours if they are instructed early in the morning. From later in the day on the East coast, or from the West coast, your money will usually arrive at our bank the following business day.

1 message from Paul Tustain : Founder, CEO, Customer

On our front page you'll start to see why so many people trust BullionVault. Our themes are plain English, low prices, transparent controls, credible partners, responsiveness and personal accountability. We are ready for you to start holding us to account on all these themes.

We expect to be your cheapest option for investing in gold, but it counts for nothing if we are not the right organisation too, because your first bullion purchase will start a business relationship which we believe will be one of the most important in your financial life.

I look forward to introducing you to my Board and my team in our FAQ section below.

Paul Tustain

Why we set-up this service?

BullionVault's objective is to operate the world's most cost-effective, secure and accessible market in professional grade bullion for private investors. We do this because :-

• We believe there is a deficit of financial responsibility in many modern governments and financial institutions.
• We believe that modern currencies and other paper-based value systems will inhibit savers from retaining their domestic and worldwide purchasing power.
• We believe that using gold to provide protection from this problem is a strategy which has been inaccessible to individuals at a fair price.
• We believe that we are uniquely well qualified to provide that accessibility and to manage the service in a way which maximises security, accessibility and value for our customers.