Home > How It Works > FAQ > Why does GoldMoney charge storage fees ...
Frequently Asked Questions |
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Why does GoldMoney charge storage fees in metals and not in a fixed currency amount? Doesn't this mean I have to pay more as the prices of the metals increase?
As metals increase in value the cost of insuring them also increases, which is why GoldMoney charges a flat fee for storage in terms of gold grams, silver ounces, platinum grams and palladium grams, rather than using a fixed currency amount.
Related Questions
Do I pay any storage fee for my precious metals?
Different metals that you own in the GoldMoney system can have different storage vault locations, ...
How can I view and calculate the storage fees for my metals stored with GoldMoney?
The fees to store your metals can be viewed in the Transaction Report in your Holding. Select ...
How are the storage fees paid for registered bars?
The storage fee for registered bars is the same as for undivided metal and will be deducted ...
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CAP (29) | Metal Storage (14) | ||||
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Net Transactions Limited
1st Floor • 32 Commercial Street • St Helier
Jersey, JE2 3RU • British Channel Islands (UK)
Copyright © 2001-2013 Net Transactions Limited (Jersey, British Channel Islands)
GoldMoney is the Registered Business Name of Net Transactions Limited which is regulated by the Jersey Financial Services Commission under the Financial Services (Jersey) Law 1998.