A 0.5% transaction fee is incurred with the purchase and sale of precious metals through your Hugosave vaults.
It's important to clarify that this fee applies to all client buy and sell orders, as well as monthly transaction schedules, but it does not pertain to precious metals transactions made through Roundups.
Please keep in mind that the minimum charge for the transaction fee is S$0.01, which is in compliance with the minimum legal tender requirement.
(Transaction fees will commence on 9 October 2023 when you purchase and sell precious metals via Hugosave.)