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GoldMoney (Gold)
At GoldMoney we make it very easy for you to conveniently buy, own and store precious metals. The first step is to sign up for free to open a Holding, which is a personal record of your activity in GoldMoney and the metal you own. After a short verification process, you can transfer money to fund your Holding and start buying metals to preserve your purchasing power. Before you make an investment in gold please make sure that you red the terms and conditions carefully to ensure that you understand the buying process.
Location: UK
1. 100% Ownership - With GoldMoney you hold and own the allocated metal in your name, in contrast to ETFs and certificates. We always maintain a one-to-one ratio of metal in the vault and our database.
2. Security - GoldMoney has implemented industry-leading procedures to safeguard your metals - from regular third-party audits, to comprehensive IT security, and secure and insured vaults.
3. Quality - They only deal in high-quality gold, silver, platinum and palladium adhering to Good Delivery standards. Additionally, we use ultrasonic scans to test the gold bars we store for customers.
4. Convenience - 24 hour online access to the global precious metals markets from the comfort of your chair. At GoldMoney we make it all possible: multiple vaults in 4 countries, 4 metals, and 9 currencies.
1. There is a limit as to how much metal you can buy or sell at a 'locked rate', which is the prevailing rate of exchange between a currency and the metal you are purchasing at the time you place your order.
1. Private Customers
2. Corporate Customers
3. Trust Customers
4. You can open a holding for yourself, yourself plus someone else, your company and your pension/retirement,

Regulation: Jersey Financial Services Commission
Products: Gold, Silver, Platinum, Palladium
Process: Create a free online holding account

Application Methods: Online, Phone
Payment Methods: Bank Wire or CHAPS/BACS
Delivery Methods: Secure shipment from their vaults to anywhere in the world
Storage Methods: Secure, allocated storage in a vault of your choice in Canada, Hong Kong, Switzerland, or the UK.

Suppliers: The London Bullion Market Association
Buy Back: The fee for metal sales is currently at 0%
Countries: 105 Countries (see site for full list)

SIPPs, Joint Holdings, Trust Funds, Gold and Silver Retirement Plans
For people looking to add precious metals to their portfolio
With a Basic Holding Account you will need to give your name and contact details. You will then need to upload a scan or screen shot of a bank statement or void cheque before the initial funds are sent from your bank account and upload a scanned image of your photo ID (passport, national ID card or driving licence). With a Full Holding Account you will need to verify your identity online through Equifax and upload a scanned image of your photo ID or send a certified copy of your photo ID and an original bank statement or utility bill along with a completed CAP Form by post.
You must be over 18 to use this service but holdings for individuals under the age of 18 must be joint Holdings in the names of the child and a parent or legal guardian of the child.
GoldMoney offers two types of Holding: Basic and Full. Basic Holdings are easier to set up due to lighter regulatory requirements, but offer less functionality than Full Holdings. You can open both Holding types entirely online, without having to leave your home (no paperwork to send by post).
See website for full terms and conditions
GoldMoney (Which Way To Pay - 1/10/2012)
GoldMoney is ranked 4 out of 5. Based on 1 review.

4 Star Rating

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