Prices, costs and fees
BUY AND SELL
SPREAD 0,5 % on PM Fixing
from 2,9€ /Month Insured Vault
The DENPRICE is the effective gold trading price, that is used by DENARO to execute the orders of our customers.
The reference price of all transactions is the Fixing PM. The DENPRICE is simply the Fixing PM plus our transaction fees.
All the costs, even when expressed in the customer's reference currency, will be debited in grams/gold on the customer’s deposit account, at the exchange rate of the Fixing PM of the day of execution.
Purchase gold from DENARO
|Order||Means of Payment||Reference Price||Fee %|
|Purchase||Bank transfer||Fixing PM||+ 0,5%|
For all BUY orders, the transaction fees are added to the FIXING PM reference price of the day of execution, constituting the DENPRICE BUY, the effective price of the purchase.
Selling gold to DENARO (SELL Back)
|Order||Crediting method||Reference Price||Fee %||Fix Cost|
|Sale||Bank Transfer||Fixing PM||- 0,5%||No cost|
|Sale||DENCARD||Fixing PM||- 0,5%||No cost|
For all SELL orders, the transaction fees are deducted from the reference FIXING PM price of the day of execution, constituting the DENPRICE SELL, the effective selling price.
Your Gold is allocated and stored in high-security vaults
Place: SWITZERLAND | Secure Storage Partner: Loomis International AG
|Range of deposit in euro||Fix cost per month||Cost per month %|
|From 0 to 1000 Euro||2,9 €||0,00 %|
|From 1000,01 to 5000 Euro||2,9 €||0,03 %|
|From 5000,01 to 40000 Euro||2,9 €||0,025 %|
|Over 40000,01 Euro||2,9 €||0,015 %|
Example of monthly storage costs for a gold deposit of € 5000.
Fixed fee 2,9 € + Cost per month % 1,5 € (5000 x 0,03%) = 4,4 € /month.
Monthly payment costs, charged in gold grams in the customer's DENARO account.
Physical withdrawal in gold bars
|Gold bars||Cost of production||Withdrawal Fee %|
|10 grams||€ 29,00||0%|
|100 grams||€ 59,00||0%|
|1000 grams||€ 189,00||0%|
|Zone||Weight of parcel||Insured value||Cost|
|Europe||< 1Kg||€ 0-3000||€ 25,00|
|Europe||< 1Kg||€ 3000-15000||€ 45,00|
|United Kingdom||< 1Kg||€ 0-3000||€ 35,00|
|United Kingdom||< 1Kg||€ 3000-15000||€ 65,00|
|Europe + UK||> 1Kg||> € 15000||Quote upon request|
|Sms alert||€ 0,10|
|Change of the linked bank account||€ 20,00|
|Change of the address of residence or phone number||€ 10,00|
|Return of funds due to causes, imputable to the customer||€ 30,00|
|Other commitments and/or extraordinary administrative services||€ 80/hour Max 500 euro + incurred expenses|
VAT will be added to the costs, when applicable and required by the relevant legal framework.