Crediting Your VeraCash Account
VeraCash accounts are outside the traditional banking system and are open to the general public. When you credit your account, your euros are immediately converted into precious metals and expressed as VeraCash (VRC) units.
Gold or silver, what’s your pleasure?
You are free to choose how your funds are distributed between precious metals, every time your account is credited. You can also reallocate the full contents of your VeraCash account by means of a swap.
From bank account to VeraCash account
Credit your account by bank transfer or bank card.
Conversion into precious metals
Once your account has been credited, your euro currency is immediately converted into VeraCash money/tokens, with the amount now expressed in physical gold and silver.
A personal IBAN simplifies your deposits
Your personal IBAN allows you to quickly transfer money to your VeraCash account. It makes for secure bank transactions, by specifically identifying the issuer and the recipient.
Funds transferred to your VeraCash account must necessarily come from the bank account of the VeraCash account owner. At this point, it is not yet possible to accept funds directly from third parties (i.e. direct deposit of paychecks, etc.).
Buy at your own pace: the choice is yours
You are completely free to choose the frequency and amount of your account credits, made by bank transfer or bank card. There is no minimum deposit, and no income conditions are applied. When it comes to investing in precious metals, you don’t have to be a financial specialist to decide on the purchases you want to make.