A storage fee will be charged in arrears on the first day of the following calendar month, referred to as the "charge date." This fee, which equates to 0.0417% per month or an annual equivalent of 0.5%, will be calculated based on the prevailing market value as of the charge date. It will be determined from the average daily weight of the precious metals held by you during the preceding month.
Please be aware that the minimum charge for the storage fee is S$0.01, in adherence to the minimum legal tender requirement.
What Your Storage Fees Cover:
These fees cover various essential services, including:
(i) Secure storage of your precious metals.
(ii) Insurance for your precious metals.
(iii) The provision of account statements.
Additional Charges Notification:
Please be aware that, on occasion, we may need to pass on any increases in third-party storage or insurance costs. Rest assured, we will promptly inform you of such additional charges as they arise.
We are committed to ensuring the safekeeping and management of your precious metals. If you have any questions or require further clarification, please reach out to our customer support team.