VeraCash® is an online account backed by physical precious metals and diamonds and it comes with a fee-free payment card.
Top up your VeraCash® account buying precious metals: your euros are instantly converted into grammes of gold or silver. Your account is expressed in units of currency called VRC, where VRC 1 is equivalent to EUR 1. Your balance will be updated every 15 minutes, based on the listed prices for your precious metals.
A world-class account, backed by physical gold to protect your money
Protect 5% to 10% of your savings against low interest rates, fiat currencies and bank speculation with physical gold. Learn more
Secure a portion of your funds and get a free payment card for making payments in any currency with no exchange fee. Learn more
Transfer pocket money to your child and manage their card spending without any fees or other charges. Learn more
Trusted assets to build your portfolio as you choose
You can reap all the benefits of reliable, universal assets according to your investor profile or place of residence.
See how to open your account in less than 5 minutes
Four simple steps to open your account: free, secure and paperless
Less than 5 minutes: that’s how long it takes to create an account in the VeraCash® app or on our website. There’s no subscription, no minimum income or minimum deposit required and, above all, no paperwork to complete. You will just need to confirm your identity, gain full access to your account and receive your payment card.
3. Credit distribution
5. Debit distribution
1. Fill out your personal information
Fill out the registration form with your personal information to generate: a username, a login ID, and choose a four-digit password. Make sure to remember these, as you will need them to sign in to your VeraCash® account later.
Once you have registered, you can complete your profile at My Account > My information.
2. Submit the required documents
VeraCash® is an official agent of the financial institution PFS Card Services (Ireland) Limited (PCSIL). As such, we need to verify that you are indeed the person you claim to be, so VeraCash® will ask you for : a legible copy of your official identification, a proof of address and and a copy of any document showing your bank account number.
You can take photos of these documents on your mobile phone and upload them to our website or—even more easily—via our app.
3. Manage your distribution
Your distribution is set to 100% GoldSpot by default, meaning you will only buy GoldSpot when you top up your account. Want to buy other assets? No problem. Simply go to My Account > My distribution and choose your personal distribution between gold, silver and diamonds.
Tip: You can change your distribution at any time between purchases.
4. Top-up to buy precious metals
Ready to top up your account? Great! You will need to make your first deposit by sending a bank transfer* to your personal VeraCash® IBAN. No minimum amount is required and, once this transfer is processed, you will soon be able to top up by bank card. Tip: interbank processing can take up to 72 hours, so credit your account as soon as you can – even if it’s just by EUR 10!
* Funds transferred to your VeraCash® account must come from a bank account held by the VeraCash® account holder. Funds cannot be accepted directly from third parties at this point.
5. Spend however you like
Save or spend your precious metals, the choice is yours! Here too, you have complete control over your debit distribution, i.e. the material that will be used when you make a payment or withdrawal by card, or even if you transfer VRC to another member.