Account
Pricing & limits
The Gold Savings Account was built to be as affordable as it is easy to use. Please compare us to other fully backed digital gold products in the market and let us know if you find a better product. We'll wait.
Fees
| Buy premium for gold | 2% |
| Sell premium for gold | 0% |
| Resulting in an effective 2% buy/sell spread | |
| Annual gold storage fee | 0.35% |
| Calculated daily based on your average daily holdings against the closing spot price of gold. Charged on gold sale or monthly to your gold balance if the total accumulated storage fees are greater or equal to 0.01g. | |
| Minimum annual gold storage fee | 0.1g |
| Due every account opening anniversary | |
| PayNow/Domestic bank transfer fee | 0% |
| International wire fee | 0% |
| Please note: There might be FX or transfer fees levied by the banks facilitating the transfer that can impact the total amount we receive. | |
| Credit card fee | 3.5% |
Buy/Sell Limits
| Minimum gold purchase/sale | 0.01g |
| Maximum daily gold purchase/sale | SGD 200,000 |
| Maximum unfunded gold purchase | SGD 20,000 |
| Unfunded transactions have to be fully paid up within 10 minutes of purchase. | |
Deposit/Withdrawal Limits
| Minimum deposit | SGD 0.01 |
| Maximum deposit | SGD 999,999.99 |
| Minimum withdrawal | SGD 10 |
| Maximum withdrawal | SGD 20,000 |
| Maximum withdrawal amount over any 5 day period for unverified accounts. Contact us for account verification and withdrawal limit inquiries. | |
Redemption
You can redeem your gold holdings for physical products in our Bullion Shop in Singapore. Make sure to have enough grams of gold in your Gold Savings Account to cover the weight of the physical product multiplied by its fineness and its current premium.
As an example, to redeem a 1 kg 99.99% fine Heraeus gold bar with a 2% premium you'll need:1000.00 * 0.9999 * 1.02 = 1019.90 grams
Our mission is to provide
multi-generational wealth to the people in Asia.
Get 100mg of FREE gold. T&C's apply
