VAT Free 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 per month. Charges are billed monthly in arrears.
Standard Storage Fees
|Average Insurance Value of Holding *||Monthly Fee (inc. VAT)|
|£15,385 and below||£10.00|
|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.
You can add to your holdings at any time and will only be charged one fee based on the total value of your holdings.
You can request home delivery or sell back part or all of your silver holdings by contacting us.
Request delivery of your silver
Request delivery of part or all of your silver bullion by contacting us. Shipping will be charged at 3% of the value of the silver plus an additional 0.25% + VAT for insurance. Standard shipping will take up to 5 working days and is limited to £50,000 per parcel.
For larger value orders these times scales may be extended and your silver 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.
VAT Charge upon Delivery
When you request to have your silver delivered VAT will become payable. We will arrange and collect the VAT prior to shipping your silver.
The amount of VAT payable will be based on the current net price of the goods you want delivered as published on the website you originally purchased your goods. The net price incorporates the current metal price and the current product sales premium.
If the goods you want delivered are no longer published on the website you originally purchased your goods the VAT payable will incorporate the current underlying metal price and the product sales premium paid on the day you originally purchased your goods.
For further information on how the VAT will be calculated please refer to the VAT Free Silver FAQ's section for further details.
Sell your Silver back to us
When you sell your silver back to us extraction from the vault is free. We buy back VAT-Free silver at 97% of the market spot price for silver at the time of your enquiry or request to sell.
Payments are made by bank transfer into your linked account. Same day chaps payment is charged at £30. See the table below or contact us 0121 634 8060 during office hours for our current buying prices.
|VAT Free 1oz Silver Britannia||Loading...|
|VAT Free 1 Kilo Silver Bar||Loading...|
All of the fees and charges published on our website are for indication and guidance purposes only. For the most up-to-date rates and fees, please contact our customer service team on 0121 634 8060 or email us on [email protected]