No hidden fees, only transparency.
|VeraCash account usage|
|Personal account opening(1)||Free|
|Professional account opening(1)||Free|
|Personal information modification (bank account, mailing address)||Free|
(1) Inhabitants of countries approved by the FATF.
|Credit: purchase of precious metals|
|Gold purchase service fees From EUR to gold||3% of the amount|
|Silver purchase service fees From EUR to silver||7% of the amount|
|Diamond purchase service fees From EUR to diamond||10% of the amount|
|Credit by bank transfer(2)||Free|
|Credit by credit card(3)||0,8% of the amount|
(2) Occasional or automatic purchase of precious metals by bank transfer. (3) Occasional or automatic purchase of precious metals by 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 metals 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|
|Precious metals resale by VeraCash Mastercard® service fees||Free|
|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|
(5) Precious metals resale in order to re-balance one's wallet and purchase gold, silver or diamond.
|Issuing of new VeraCash Mastercard®(6)||Free|
|Payment by card in Euro zone||Free|
|Payment by card outside the Euro zone(7)||Free|
|ATM withdrawal in Euro(8)||Free|
|ATM withdrawal in foreign currency(8)||Free|
(6) Inhabitants of the SEPA zone. (7) The payment card VeraCash Mastercard® is perfect when used abroad because the conversion rate from EUR to foreign currencies is closest to the "spot" conversion rate. (8) Despite all the advantages of a VeraCash account, we are pleased to offer withdrawal of money from ATM free of charge.
|Precious metals vaulting in Switzerland(9)||Free|
|Online monthly statement||Free (€20 for a paper duplicate)|
|Reissue replacement card (due to a malfunction)||Free|
|Payment cancellation fees||25€|
|Reissue of payment card's confidential code||7€|
|Reissue of payment card before due date||30€|
|Documents, slips or receipts research||Available on quotation|
|Registered mail following customer's request||Available on quotation|
|Termination of VeraCash service||Free|
(9) Unlimited vaulting in Geneva's Free Ports. (10) Starts from March 15st, 2018. In order to avoid the oxidation charge, you just need to use your VeraCash account on a regular basis through one of these methods: payment/withdrawal by the VeraCash card, VRC transfers, credit to the account and referrals are considered activities.