Allocated Storage Fees
Storage fees are free for 6 months when you place your first storage order over £2,500. Orders below £2,500 will be charged at £10.00 per month. Storage fees are charged at 0.65% + VAT per annum of the Insurance Value of your total metal holding. There is a minimum charge equivalent to £10.00 per month. Charges are billed monthly in arrears.
Storage offer fees
| Average Insurance Value of Holding* | Monthly Fee including VAT |
|---|---|
| Over £2,500 | £0.00 |
| Below £2,500 | £10.00 |
Standard storage fees
| Average Insurance Value of Holding* | Monthly Fee (incl. VAT) |
|---|---|
| £15,385 and below | £10.00 |
| £25,000 | £16.25 |
| £50,000 | £32.50 |
| £100,000 | £65.00 |
| Over £100,000 | Please contact us on 0121 634 8060 for rates |
*Average Insurance Value of holding is calculated based on the pure precious metal weight of your holding multiplied by the average London Bullion Market Association (LBMA) PM Fix. This is then uplifted by the percentage premium you originally paid for your specific products at BullionByPost. Platinum is based on the LPPM PM fix.
You can add to your holdings at any time and will only be charged one fee based on the total value of your holdings.
Key Facts
- Storage offer is currently available for first orders only
- Free vault extraction when selling to us
Selling Your Stored Bullion Back to Us
If you're selling your bullion back to us extraction from the vault is free.
Payments are made by bank transfer into your linked account. Same day CHAPS payments are available at a charge of £30. See the 'Sell' section of our website or call us on 0121 634 8060 during office hours for our current buying prices.
If you're selling part of an order and the value of metal sold is less than £2500 we will charge you a revaulting fee to return the remaining unsold items into secure Allocated Storage. Please see the table below for more information:
| Value of Metal | Fee (+ VAT) |
|---|---|
| Full sale of any order | Free |
| Part sale and the value sold is over £2,500 | Free |
| Part sale and the value sold is less than £2,500 | £25 re-vaulting fee |
Delivery Charges
You can request physical delivery of part or all of your stored bullion by contacting us. Shipping will be charged at 0.35% of the current value of the shipment (based on spot price), plus a £25 handling fee. These charges are subject to VAT. Please see the table below for more information:
| Value of Shipment - based on spot price | Shipping Fee (+ VAT) |
|---|---|
| Up to £100,000 | £25 + 0.35% insurance |
| Over £100,000 | Please contact us on 0121 634 8060 for rates |
Standard shipping will take up to 5 working days and is limited to £50,000 per parcel. Larger value orders will be delivered in multiple parcels or by special arrangement via a high-security vehicle. All deliveries are fully insured. Simply call 0121 634 8060 during office hours to request delivery and we will make arrangements. Delivery is only available to your UK linked account address.
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