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   »  Bank metals

«Metal» accounts

The Finance and Credit Bank renders services in opening and servicing current "metal" accounts in bank metals (of the purest tint)

Current "metal" accounts are designed for crediting, keeping and paying out bank metals of the client without identification of individual characteristics of an ingot.

To open the current "metal" account it is necessary to present a passport, a STA certificate of the individual's identification number, as well as the bank metal purchased in the Bank right at the moment of account opening.

Commission fees for opening current metals accounts and their settlement and cash services for individuals

Operation Commission Fee
Opening current metals account UAH 30
Electronic metal transfer:  
-  within the Bank 1 % from the value of banking metal in UAH equivalent at the NBU rate on the date of operation (but no less than amount in UAH equal  to 0.02 oz of banking metal at the NBU)
 -  to another bank - 0.3% from the value of banking metal in UAH equivalent at the NBU rate on the date of operation(but no less than amount in UAH equal  to 0.02 oz of banking metal at the NBU)
 
Depositing metal purchased in another bank * to the current metals account - 0.2% from the value of deposited banking metal in UAH equivalent at the NBU rate on the date of operation
Depositing metal purchased in the Bank Finance and Credit to the current metals account N/A
Crediting current metals account with banking metal by means of electronic transfer - 0.2% from the value of banking metal in UAH equivalent at the NBU rate on the date of operation
Issue of banking metal in bullions from current account - commission rate is set by separate bank instructions
Issue of balance statement or funds flow statement UAH 15
   
* subject to availability of a banking metals appraisal expert at the branch
 

Commission fee for issue of banking metal in bullions at cash desk from current account (implemented since 22.01.2009)

Face value

Commission ($/item)*

 1000

125 

 500

75 

 250

50 

 100

25 

 50

20 

 20

10 

 10

10 

 5

10 

 2.5

10 

 1

10

 

* Payment in UAH at the NBU rate; availability and delivery term are to be agreed 


The rate at which the bank metal operations are performed depends on the current world prices and the amount of agreements.

 



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