BullionVault

General Information

Operating in 2005, The BullionVault service is owned by Galmarley Limited, which is company number 4943684 registered in England and Wales at 7th Floor, 3 Shortlands, Hammersmith, London W6 8DA. BullionVault website services are managed, hosted and delivered to you by Galmarley's wholly owned subsidiary BullionVault Ltd, which is company number 07400400 also registered in England and Wales at 7th Floor, 3 Shortlands, Hammersmith, London W6 8DA. The companys computers are managed from its London offices. Its live service is hosted in the cloud, while multiple other international locations maintain our back-up systems and data.

On 1st September 2008, this company is elected into the London Bullion Market Association which represents the largest of the world's physical bullion markets.

In January 2017BullionVault became members of the London Platinum and Palladium Market in anticipation of offering platinum on the platform in partnership with the World Platinum Investment Council.

Fees

BullionVault is not a unit trust / mutual. There is no 5% front end subscription load. When buying gold, silver or platinum on our order board you pay a commission whose maximum rate is 0.5%, falling progressively when you invest above $75,000 to the spectacularly low rate of 0.05%. When buying or selling at the Daily Price you pay a flat commission of 0.5%. Daily Price orders placed in British Pounds, Euros or Japanese Yen incur an additional 0.3% currency-switching fee.

Storage charges for gold are down to wholesale rates of 0.12% pa ($4 per month minimum) with insurance included. That's less than a tenth of the storage fees charged by retail banks, and less than one-third the annual fees charged by typical exchange-traded gold funds (ETFs). Storage charges for silver and platinum are 0.48% per year ($8 per month minimum).

Deposit

If you send a payment in your local currency, this companys bank will convert it once it has reached one of client accounts at their standard conversion rates. Or you can convert the funds to US Dollars, Euros or British Pounds before sending your payment. You can ask your bank to do this for you, but you may be able to obtain a better conversion rate by using currency-conversion specialists Moneycorp (over $5000 only) or CurrencyFair.

Deposits are processed within UK business hours. Deposits received outside those hours are usually processed on the following working day. You will receive confirmation of your deposit as soon as it arrives in your BullionVault account. You'll then be able to buy and sell gold, silver and platinum immediately.