We welcome you to move your existing physical bullion (bars and coins) with us via our Asset Transfer Service (ATS).
It is mandatory that all circulated bullion is to be certified/assayed before it can be traded (sold) on the Exchange (Trading) Platform or collateralised via our Gold & Silver Collateralising Program.
These are the indicative pricing for verification to certify your asset.
Asset | Service | Ounce | Rates (USD) |
---|---|---|---|
Silver | Verified | <1,000 | $0.90 - $1.10 per oz* |
Silver | Verified | 5,000 | $0.70 - $0.90 per oz* |
Silver | Verified | +10,000 | $0.50 - $0.70 per oz* |
Silver | Re-Fabrication | 10,000 | $1.00 - $1.30 per oz* |
Gold | Verified | 500 | 0.75% - 1.00%* |
Gold | Verified | 1,000 | 0.50% - 0.75%* |
Gold | Verified | 1,000+ | Contact Us |
*Subject to additional 7% GST
**The all inclusive ATS Service is only applicable in the US. Costs cover shipping/insurance to Scottsdale Mint, re-fabrication/asset verification, shipping/insurance to SGPMX, along with export permitting and documentation. Keep in mind, we only offer re-fabrication for non-legal tender silver bullion products.
***For other parts of the world, customers can opt for a “Certified Asset Transfer” or a “Non-Certified Asset Transfer Service” to store their bullion with SGPMX.
Costs of shipping/insurance and asset verification will be quoted individually when you send us details via our ATS form
Note: The Annual Storage fee is renewable yearly.
Last updated: 27th October 2021.
The following entails the fees that are applicable to:
1. TRADING (BUY/SELL) ON SGPMX EXCHANGE PLATFORM
Breakdown | Rates (USD) |
---|---|
One-time joining fee | $100.00* (payable before any trades can be executed) |
Renewal fee | $20.00 (applicable annually from year 2)* |
Trading fee | 0.25% of every successful buy and/or sell order* |
Storage fee | 0.50% annual storage fee for gold (buy only)* 0.70% annual storage fee for silver (buy only)* Storage fee is renewable on a yearly basis and payable upfront to SGPMX* |
*Subject to an additional 7% GST
Note: The minimum value for each trade is USD 1,000.00.
2. PURCHASES IN RETAIL STORE
3.90% Admin Charges are applicable when you use a Credit card as the payment mode.*
*Subject to an additional 7% GST
Registration is free.
However, to activate your trading account, a one-time joining fee of US$100.00 will be levied. This fee is payable before any trades can be executed.
Our storages are divided into:
(1) Vault Storage
(2) Private Safe Deposit Boxes and Mailboxes
1. VAULT STORAGE
The following fees are calculated per annum on the value of the bullion under storage, renewable on a yearly basis and payable upfront to SGPMX.
Total Market Value of Assets (USD) | Gold Rate per Annum | Platinum / Palladium Rate per Annum | Silver Rate per Annum |
---|---|---|---|
$1,000.00 - $999,999.99 | 0.50%* | 0.50%* | 0.70%* |
$1,000,000.00 - $4,999,999.99 | 0.45%* | 0.45%* | 0.60%* |
$5,000,000.00 and above | 0.40%* | 0.40%* | 0.55%* |
*Subject to an additional 7% GST
- We do not have a maximum amount for our secured storage services, however the minimum value for bullion to be stored is USD 1,000.00.
- All bullion in storage at Le Freeport Singapore is 100% insured.
2. PRIVATE SAFE DEPOSIT BOXES AND MAILBOXES
Type | Mailbox Size | Safe Box Size | Maximum Safe Box Load | Total Annual Fee (USD) |
---|---|---|---|---|
1 | 36 x 30 x 44 cm | 26.5 x 41.3 x 74.85 cm | 24 kg | $2,000.00* |
2 | 36 x 30 x 33 cm | 26.5 x 41.3 x 19.85 cm | 12 kg | $1,700.00* |
3 | 36 x 30 x 22 cm | 26.5 x 41.3 x 9.85 cm | 12 kg | $1,300.00* |
*Subject to an additional 7% GST
- Located in the high security zone of Le Freeport Singapore
- Maximum security and controlled 24 / 7 / 365 access
- Stylish natural aluminum finish
- Box numbers are engraved
- Each box has double mechanical cylinder locks
- Customer receives 2 client keys (USD 1,000.00 refundable deposit)
- Optional Key “safe keeping” on demand (USD 100.00 p.a.)
- Bespoke Value Add services available
- Extra: Insurance coverage, annual premium rate is 0.15%
3. PARCEL RECEIVING/HANDLING & STORAGE FEES FOR MAILBOX
The following charges are calculated based on either volume weight or actual weight, whichever is greater.
A. Receiving/Handling Fee for Parcels
Tier | Maximum Safebox Load | Charges (USD) |
---|---|---|
Tier 1 | 1 kg - 4.99 kg | $10.00* |
Tier 2 | 5 kg - 14.99 kg | $20.00* |
Tier 3 | 15 kg - 24.99 kg | $30.00* |
Tier 4 | 25 kg - 34.99 kg | $40.00* |
Tier 5 | 35 kg and more | $50.00* |
*Subject to an additional 7% GST
B. Storage Fee for Parcels
Charges are for per day basis.
Tier | Maximum Safebox Load | Charges (USD) |
---|---|---|
Tier 1 | 1 kg - 4.99 kg | $10.00* |
Tier 2 | 5 kg - 14.99 kg | $15.00* |
Tier 3 | 15 kg - 24.99 kg | $20.00* |
Tier 4 | 25 kg - 34.99 kg | $25.00* |
Tier 5 | 35 kg and more | $30.00* |
*Subject to an additional 7% GST