Ainslie Bullion Account Type

Ainslie Bullion offers two types of accounts for customers looking to invest in precious metals: Unallocated Bullion Accounts and Allocated Bullion Accounts.

• Unallocated Bullion Account:
• Also known as a "pool account," this account allows clients to own a defined unsegmented interest in a pool of gold or silver held by Ainslie Bullion.
• Minimum transaction for buying or selling is $10,000.
• Fees:
• Silver: $10/kg (one-off fee)
• Gold: Free
• A certificate of holding is issued and amended with each transaction.
• Ideal for hassle-free trading and flexibility.
• Allocated Bullion Account:
• Clients purchase specific bullion products, which are stored under their name.
• Minimum transaction for buying or selling is also $10,000.
• Fees:
• Silver: $17/kg per annum
• Gold: $13/oz per annum
• A certificate of holding is issued and amended with each transaction.
• Allows for direct ownership of specific bullion items.

Ainslie Bullion Broker Account Opening Process

To open an account with Ainslie Bullion, follow these steps:

• Complete the Application:
• Fill out the storage account application form available on their website.
• Provide 100 points of ID for verification.
• Submit Your Application:
• Submit the completed application along with the required identification documents.
• Ensure that all documentation is in order and submitted before making any purchases.
• Initial Deposit:
• Make an initial deposit via Visa, Mastercard, or debit card through their online purchasing tool.
• Note that card payments do not incur a surcharge for the initial deposit.
• Transaction Requirements:
• All transactions (buy or sell) must be a minimum of $10,000.
• For new customers placing orders over $100,000, the order will be subject to review during business hours.
• Account Confirmation:
• Once your application is processed and approved, you will receive a storage account number and access to your account through the storage portal.

For further details, you can visit their official site: Ainslie Bullion.