If you want to keep your gold asset in a secure manner, we provide you a storage solution in our highly guarded safes in Switzerland, provided by our partners Swiss Safes et Patrimoine and Swissgoldsafe.
Why store precious metals like Gold and Silver in Switzerland?
Switzerland is one of the politically and economically most stable countries in the world. It values the protection of property. Ever since the second World War Switzerland has occupied a very important role in the gold business:
- Due to major gold investment safekeeping for natural persons and legal entitites.
- Due to a number of gold refiners (Argor-Heraeus, PAMP, Metalor, Valcambi).
- Due to historic ties with major gold producers.
Description of our storage service
Storage is exclusively in private high-security vaults, optionally in bonded warehouses (also known as customs warehouses or duty-free warehouses) without tax.
Your property is stored according to art. 472 of the Swiss Code of Obligations. All goods are stored allocated and segregated from each other in dedicated safe deposit boxes or pallets in the name of the client.
Full risk insurance against the loss of your precious metals (theft, robbery, fraud, fire, water etc.) is provided by Lloyds of London.
The stored goods are the customers’ properties and are always off Swiss Bancor’s balance sheet – and hence not subject to any default risk.
Our service is independent of banks and offshore. The private physical storage of valuables serves as protection against problems in the financial system or from a possible confiscation. These dangers exist with safe deposit boxes or metal accounts held with banks, for example. Precious metals like gold or silver are best kept outside of banks.
In the event of any power loss/power shortage, our high-security vaults are equipped with their own independent emergency power supply.
Upon receipt of your written order, Swiss Bancor can handle the storage and retrieval of your precious metals. Your gold could be delivered to you right to your door any time if needed.
The assets stored in our safes will be regularly audited by an external auditor. You will be able to verify the content of your safe remotely or during on site visit.
All the details about the storage solution can be viewed here