Storage charges are invoiced 1 March each year or when you sell or withdraw your bullion - whichever takes place first. The storage charge is calculated daily. If you e.g. store gold bullion in the United States worth USD 30,000 on a particular day, the storage charge for that day will be USD 30,000*0.0039/365 = USD 0.32. The daily costs are added up for all days of the storage year to arrive at the total cost. Login and go to Your Account > Storage Charges to view your accrued storage charges.
Vault Storage United States
FREE for the first year, following which:
Gold Bullion Products: 0.39% per annum
Silver & Platinum Bullion Products: 0.49% per annum
BSP Grams Gold: 0.09% per annum
BSP Grams Silver & Platinum: 0.19% per annum
Daily minimum storage fee: USD 0.19 per storage jurisdiction. The minimum fee applies in case the calculated daily fee is below USD 0.19. Customer accounts holding no bullion in the United States or only holding free BSP grams awarded at account opening are exempted from the minimum fee.
BSP Conversion/Withdrawal per instance: FREE
Vault Withdrawal of bullion products (other than BSP grams) per instance: USD 129
Customer audit of bullion held in the vault: USD 249
Late payment fee for storage charges/Late collection fee for personal pick-up: USD 49 per reminder plus monthly interest of 2% on the previously accrued storage charges including on the previously accrued late payment fees.
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