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Fees



Updated as at 18th November 2019

STORAGE

Our storages are divided into:

(1) Vault Storage

(2) Private Safe Deposit Boxes and Mailboxes


1. VAULT STORAGE

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 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 US$1000.00.
  • 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 Safebox 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 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 additional 7% GST


B. Storage Fee for Parcels

Charges are for per day basis.

Tier Range 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 additional 7% GST

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