VeraCash is an online account backed by physical precious metals and diamonds and with a fee-free payment card.
Top-up your VeraCash account to buy precious metals: your euros are instantly converted into grams of gold or silver. Your account is expressed in units of VRC, where VRC 1 is equivalent to €1. Every 15 minutes, your balance will be updated based on the listed prices of your precious metals.
A world-class gold-backed account to protect your money
Protect 5 to 10% of your savings from low interest rates, fiat currencies and bank speculation with physical gold. Learn more
Secure a portion of your cash, and get a business payment card to make payments in any currency, fee-free. Learn more
Transfer pocket money to your child and manage his/her spending by card, with no fees or other charges. Learn more
Trusted assets to build your portfolio as you choose
Depending on your investor profile and place of residence, you can reap all the benefits of universal, reliable assets.
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 the website. There is no subscription, no minimum income or minimum deposit required and, above all, no paperwork to complete. You will just need to confirm your identity, to gain full access to your account and to receive your payment card.
1. Fill in your personal information
Fill in 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 in your Account > My information.
2. Submit the required documents
VeraCash is an official agent of the financial institution Prepaid Financial Services (PFS). As such, we need to verify that you are indeed the person you claim to be. As a result, VeraCash will ask you for: a legible copy of your official identification, a proof of address and any document showing your bank account number.
You can upload these documents to our website or even more easily via our app, by taking pictures of them with your mobile phone.
3. Manage your Distribution
By default, your distribution is set to 100% GoldSpot, meaning you will only buy GoldSpot when you top up your account. Want to buy other assets? No problem. Simply go to your Account > My distribution to 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 credit your account? Great! You will need to make your first deposit by bank transfer* to your personal VeraCash IBAN. No minimum amount is required and, after processing, you will soon have the option to top up by bank card. Tip: Interbank processing can take up to 72 hours, so don't wait to credit your account, even just €10!
* 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.