Buying Gold
Buying Gold Direct from GoldExchange
Clients of GoldExchange have the option of buying gold by using the 'Buy Gold'
option after login. The broker fee for buying gold is
3%.
Details of each payment option is included in the 'Buy
Gold' area of the website. Typical payment options and their approximate
processing fees (%) include bank wire (Free)
and for North American customers only we offer online checks (5.5%).
Credit cards (8%)
can be accepted for limited cases. Actual fees are specified during the 'Buy
Gold' process. The bank wire option must be used for purchases exceeding
$400.00 and bank wires of $10,000 or more may require a source of funds
disclosure.
Purchases will remain in the pending condition until
GoldExchange has confirmed receipt of the associated funds. For bank wires,
transactions are approved after the funds have been received plus a brief
holding period, usually 72 hours but depends on the bank's rules regarding wire
recalls, to validate the transfer is not reversed. For online checks, the
holding period is a minimum of 10 business days.
Buying Gold Through a Broker
GoldExchange does not currently accept gold transfers from outside brokers.
Companies interested in becoming an approved broker should contact
manager@goldexchange.com.
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