Storage

Storage at Edelmetaal Beheer Nederland

Edelmetaal Beheer Nederland is the exclusive partner of The Silver Mountain for the storage of precious metal. You can buy precious metal via our website and then have it stored at Edelmetaal Beheer Nederland (EBN). Storage locations in Rotterdam and Zurich are available. In Zurich you have the option of storing VAT-free silver, platinum or palladium. The big advantage of this is that the purchase of these metals is then not taxed with 21% VAT. In addition, your precious metal is stored safely, insured and heavily secured. This is fully allocated storage, so all precious metal is stored in the name of the customer and legally owned by the customer.

EBN works with a third-party fund foundation and has a license from the AFM to offer precious metal in combination with storage as an investment object.

Storage costs

Edelmetaal Beheer Nederland charges storage rates from 0.65% to 0.90% (excluding VAT). These costs are calculated based on the value of your precious metal and the mentioned rate is an annual rate. No other costs will be charged.

A complete overview of the rates can be found below.


Location Zurich
  Location Rotterdam
 
Gold 0.65% Gold 0.65%
Silver 0.90% Silver 0.90%
Platinum 0.90% Platinum 0.90%
Palladium 0.90% Palladium 0.90%

Storage in Rotterdam

The location in Rotterdam is the most suitable location for the storage of precious metal if you want to store your precious metal within reach. Your gold, silver, platinum, and / or palladium is safely stored in the old bank vaults of the Hollandse Bank Unie. You cannot deliver or collect your precious metal here yourself for security reasons. However, it is possible to have the precious metal delivered with Mikropakket and this is usually arranged within 2-3 working days.

Storage in Zurich

In Zurich, we work together with Loomis International. This is the largest party in Europe when it comes to the storage of precious metals in secure vaults. The big advantage of Loomis Zurich is that the storage costs here are relatively low due to the economies of scale and that we have an international network of traders here so that we can offer or buy back precious metals at low rates.

You can also have VAT-free silver stored in Zurich. Because the silver is not imported into the Netherlands, you save 21% VAT on your purchase amount. Our storage rates in Switzerland are also considerably lower than comparable solutions in the Netherlands, which means significant savings on an annual basis.

More information about VAT-free silver.

VAT-free silver, platinum and palladium

In Zurich, you can have your silver, platinum, and palladium stored in a customs warehouse. Because these precious metals are taxed with 21% VAT in the Netherlands, it is not interesting to purchase ingots in the Netherlands. However, if you have these bars stored in Switzerland, this will be done in a customs warehouse and the metal will not be imported into the Netherlands. This way you save 21% VAT on your purchase amount.

You also enjoy the benefits of our buy-back guarantee and our storage rates, which are considerably lower than comparable providers in the Netherlands. We supply VAT-free silver in 1,000 troy ounces, 100 troy ounces, and 1 kilogram. The larger the bar size, the lower the bar costs (production costs), and therefore the more favorable the purchase. For example, we deliver the 1,000 troy ounce bar in combination with storage for a premium of only 2%.

You can find a complete overview of our online store, with VAT-free silver.

AFM licensed

The Silver Mountain is an affiliated broker and is licensed by the AFM.

As a supplier of the precious metal in combination with storage, we are subject to a license. Our offer meets the conditions of the AFM and you thus invest under the supervision of the AFM.

Contribution own precious metal

You can also bring in precious metal that you already have in your possession, whether purchased from The Silver Mountain for storage at Edelmetaal Beheer Nederland. For safety reasons, this is not possible directly in Rotterdam, but this is done at the offices of The Silver Mountain in Baarn. Here your metals are immediately tested for weight and content and you will then receive a confirmation of receipt with the specifications. The bar numbers of your gold bars are also noted here if desired.

If you are not yet a customer of Edelmetaal Beheer Nederland, you can also create your account at the office and sign a custody agreement. Within a few working days the precious metal will be stored, and you will receive confirmation of this.

Resale from storage

Our buy-back guarantee applies to all purchases at The Silver Mountain. This also applies to precious metal that is stored. You can offer your precious metal via our website inkoopedelmetaal.nl. If you create a sell order, you can indicate that you are selling or selling the precious metal from Edelmetaal Beheer Nederland. This is then checked by us and processed within a few days.