Pricing

No hidden fees, only transparency.

VeraCash® account usage
VeraCash individual account icon Opening a Personal Account(1) Free
VeraCash professional account icon Opening a Business account(1) Free
VeraCash youth account icon Opening a Youth account(1) Free
Updating Personal information
(bank account, postal address)
Free

(1) Residents of countries approved by the FATF.

 
Credit: purchase of precious metals
VeraCash GoldPremium Icon GoldPremium purchase service fees
From EUR to gold
3% of the amount
VeraCash GoldSpot Icon GoldSpot purchase service fees
From EUR to gold
0,5% of the amount
VeraCash Silver Icon Silver purchase service fees
From EUR to silver
7% of the amount
VeraCash Diamond Icon Diamond purchase service fees
From EUR to diamond
10% of the amount
Credit top-up via bank transfer(2) Free
Credit top-up via credit card(3) 0,8% of the amount

(2) Occasional or automatic purchase of precious metals via bank transfer.
(3) Occasional or automatic purchase of precious metals via credit card.

 
Transfer of precious metals from peer to peer
Transfer of precious metals - Sending(4) Free
Transfer of precious metals - Receiving(4) Free

(4) Precious metal transfers are expressed in VRC. The VRC (or VeraCash®) is the unit of currency backed by precious metals. It is exchangeable: VRC 1 = EUR 1, and vice versa.

 
Debit: resale of precious metals
GoldPremium, Silver, Diamond resale by VeraCash Mastercard® service fees Free
GoldSpot resale by VeraCash Mastercard® service fees(6) 0,5% of the amount
Precious metals resale by bank transfer in France service fees 1% of the amount
Precious metals resale by bank transfer overseas service fees 1% of the amount + 30€
Precious metals resale service fees for a permutation(5) 1% of the amount

Resale of precious metals in order to reallocate wallet and purchase gold, silver or diamonds.
(6) Not applied to product launch.

 
VeraCash® Mastercard®
Issuing of new VeraCash Mastercard®(7) Free
Card payment in eurozone (GoldPremium, Silver and Diamond) Free
Card payment in eurozone (GoldSpot)(9) 0,5% of the amount
Card payment outside eurozone (GoldPremium, Silver and Diamond)(8) Free
Card payment outside eurozone (GoldSpot)(9) 0,5% of the amount
ATM withdrawal in Euro (GoldPremium, Silver and Diamond) (8) Free
ATM withdrawal in Euro (GoldSpot)(9) 0,5% of the amount
ATM withdrawal in foreign currency (GoldPremium, Silver and Diamond)(10) Free
ATM withdrawal in foreign currency (GoldSpot)(9) 0,5% of the amount

(7) Residents of Single Euro Payment Area (SEPA).
(8) The VeraCash® Mastercard® payment card is perfect for use abroad because the rate for exchanging EUR for foreign currencies is very close to the spot exchange rate.
(9) Not applied to product launch.
(10) Despite all the advantages of a VeraCash account, we are pleased to offer withdrawal of money from ATM free of charge.

 
Miscellaneous
Storage of precious metals in Swiss vaults(11) Free
Online monthly statement Free
(€20 for a paper duplicate)
Issue of replacement card (due to malfunction) Free
Payment cancellation fees 25€
Reissue of payment card PIN 7€
Reissue of payment card before expiry 30€
Document, credit card or withdrawal slip search Available on quotation
Sending of card by registered post (at client's request) Available on quotation
"Oxidation"(12) 0,02%/day
Inheritance management 100€
Termination of VeraCash® service Free

(11) Unlimited storage at Geneva Free Ports.
(12) As of 15 March 2018. In order to avoid the oxidation charge, you just need to use your VeraCash® account on a regular basis: payment/withdrawal using the VeraCash® card, VRC transfers, topping up your account and referrals are all considered account activity.

 

Frequently asked questions

Is there a charge for storing my precious metals?

No, VeraCash stores your precious metals for free.

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What is oxidation and how can I avoid it?

“Oxidation” refers to VeraCash accounts which have been inactive for more than six sliding months. The associated fee is designed to encourage the circulation of VeraCash money on members’ accounts.

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What fees are charged for using the VeraCash Mastercard?

Subscription is free, and you pay no commissions on payments or cash machine withdrawals.

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