S-Deposito®

Silver granulate in a duty-free warehouse in Switzerland

S-Deposito® is a depot in a Swiss bonded warehouse where silver granulate can be traded.

Silbergranulat im Schweizer Zollfreilager

Silver granulate in a duty-free warehouse in Switzerland

  • Minimum purity 999.5.
  • The raw material suppliers are certified according to the “Good Delivery Standard.”
  • Guarantee of authenticity and purity by the supplier, Leipziger Edelmetallverarbeitung GmbH (Leipzig Precious Metal Processing Inc.).

Conditions

  • Minimum initial investment goal 1 talent (1'000 OZ.), with further amounts in 0.5 talent increments.
  • Brokerage commission and administrative costs of the product are covered through a 5% charge on the CHF or EUR price of the investment goal.  The amount is calculated on the closing date; future price changes are not applied to this Commission.
  • The initial payment at the time of closing, from which the commission is paid, is only 10% of the investment goal.
  • Subsequent payments from 250 CHF / 200 EUR upwards.
  • Custody fee of 1 Shekel (15.552 g) per month is calculated for 6 months in advance; an unlimited number of bookings per month is included.
  • Semi-annual storage fee 0.5% of the average balance of the previous 6 months.
  • Current purchase, exchange and sales prices are listed at bb-wertmetall.ch.
  • All logistics and customs costs are already included in the purchase and sales prices.

The Trade Process

  • Trading days are Tuesdays and Thursdays (except official holidays and company vacation days).
  • Purchases are made on the trading day on which the money was received by 12:00 noon.
  • Sales will be made on the trading day on which the sell order was received by 12:00 noon.
  • Withdrawal plans will be carried out on the first trading day of each month.

The Exchange Function

  • Your stock can be transferred to other S-Deposito owners at any time.  A signed statement sent by fax, by post, or by sending the scanned document by email, is all that is required.
  • Transactions will be executed on the trading day in which BB WERTMETALL receives the instruction statement by 12:00 noon.
  • Both S-Deposito owners will receive notification upon execution of the transfer.
  • All transactions are listed on the biannual deposit statement.

Taxation

  • VAT – neutral.  All purchases, sales and exchanges in the S-Deposito are free from Value Added Tax.  The place of residence of the S-Deposito owner is not relevant.
  • Income taxes – country-specific.  Swiss customers are not taxed on capital gains.  German customers are not taxed on capital gains, so long as the holding period is at least 12 months.  Customers from other countries must inquire about relevant tax regulations.
  • Property and wealth tax – country specific.  Swiss customers must report the account in their asset declaration.  German customers are currently not subject to wealth tax.  Customers from other countries must inquire about relevant tax regulations.

The Bonded Warehouse

  • Safe-deposit rooms in the duty-free warehouse of Zürcher Freilager AG in Embrach, Switzerland.
  • All risk is covered by the insurance company Allianz Suisse Versicherungs-Gesellschaft AG.

The current prices in CHF

BB Wertmetall AG - Preise für Silber und Gold
Amount Sales and exchange price Repurchase price
1 Talent (31'104 g) 18.510,00 CHF 17.120,00 CHF
1 Troy Ounce (31,104 g) 18,51 CHF 17,12 CHF
1 Shekel (15,552 g) 9,26 CHF 8,56 CHF
1 Drachma (3,456 g) 2,06 CHF 1,90 CHF
VAT not included

The current prices in EUR

BB Wertmetall AG - Preise für Silber und Gold
Amount Sales and exchange price Repurchase price
1 Talent (31.104 g) 16.800,00 EUR 15.540,00 EUR
1 Troy Ounce (31,104 g) 16,80 EUR 15,54 EUR
1 Shekel (15,552 g) 8,40 EUR 7,77 EUR
1 Drachma (3,456 g) 1,87 EUR 1,73 EUR
VAT not included