Withdrawing Gold and Silver
In normal use you will receive your money paid directly to your bank account after you sell.
You can withdraw bars at any time. The fees vary according to the circumstances:
- Where you cannot reasonably be paid safely by bank transfer you can withdraw physical gold for the reduced fee of 1%, plus transport and insurance costs.
- Where the normal exit route to your bank remains viable, but you elect a physical withdrawal, then the cost is 2.5% for withdrawing whole gold bars, with a further 5% surcharge for withdrawals below 400 oz – to cover the cost of sourcing the necessary small bars or coins.
The fee for silver (whole bars only) is 10%.
BullionVault gold and silver are both VAT (sales tax) free - for as long as they are held in our vaults. Upon physical withdrawal gold remains exempt, but 20% VAT then applies on silver.