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About the Bank
   »  Annual reports storage
       »  2005
            »  Banknote Banking
  • money transfers, traveler's checks

  • Banknote Banking

    Banknote Banking

    Precious metals
    In 2005, the "Finance and Credit" Bank continued to hold its positions in the market of precious metals..

    The Bank imports gold, silver, platinum and palladium ingots and investment coins of various nominal value and origin, cooperating with a number of leading mints of the world.
    The Bank provides the customers with the opportunity to acquire precious metals, which meet the world standards:

  • bar gold (1 - 1000 g)
  • bar silver (1 - 1000 g)
  • platinum
  • palladium

    The Bank performs the following operations with precious metals:

  • purchase and sale of measured ingots and coins
  • purchase and sale of precious metals by order of customers
  • opening and servicing of metal current deposit accounts and safe custody accounts
  • acceptance of precious metals from bank customers for safe custody
  • exchange of ingots (standard ingot for measured ones, measured ingots for standard ones and measured ingot for measures ones of various nominal values)
  • granting loans in national or foreign currency against precious metal pledging
  • precious metal transactions in the international market
  • placement of precious metals on behalf of the Bank and for the cost of the client on deposit accounts opened with other banks
  • precious metal transportation services

    Within the framework of precious metal trading the Bank cooperates with 123 banks.

    The Bank imported into Ukraine 400 kg of gold in 2005

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    Investment coins

    The Bank offers its clients the coins of the Austrian Mint ("The Vienna Philharmonic Coins") of the face value of 10, 25, 50 and 100 Euro.

    In 2005, the Bank delivered the series of unique golden investment coins:

  • "Zodiac signs" (Russia)
  • "Panda" (China)
  • "Maple leaf" (Canada)
  • "American Eagle" (USA)
  • "Krugerrand" (South Africa)
  • "Kangaroo" (Australia)

    In 2005, the Finance and Credit Bank sold
    2 170 investment coins.

    Investment coins have artistic value; they are easily acquirable and can be profitably sold.

    Moreover:

  • coin transactions are VAT-free
  • coin transactions are anonymous
  • coin market value varies with world gold prices
  • the Bank guarantees coin genuineness

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