Promotion Fees (valid until 30 June 2026)
- Tier 1 (Below 10 oz): SGD 6.80 per month **
- Tier 2 (10 oz & above): Free vaulting
Usual Fees
- Tier 1 (Below 10 oz): SGD 12.50 per month **
- Tier 2 (10 oz & above): 0.02% of gold value per month **
Billing Cycle
- Vaulting fees begin the month after your first bar is registered.
- Fees are calculated monthly but billed quarterly (once every 3 months).
Withdrawals & Sell‑Back
- Partial withdrawal / sell‑back: No immediate charge; fees still based on your month‑end balance.
- Full withdrawal / sell‑back: Any outstanding vaulting fees must be settled immediately before collection, delivery, or payout.
- Delivery option: Secure delivery (SGD 100 per request **) or collection at selected retail shops (minimum 1 week notice).
Non‑Payment Rules
- Late payment: 1% monthly interest of vault fees **.
- New purchases: Cannot proceed until outstanding fees are cleared.
- Sell‑back: Outstanding fees automatically deducted from proceeds.
- Default: If the cost of vault fees is greater than the cost of the products, ownership of such products shall immediately pass to The Singapore Mint.
Transparency
Your account dashboard provides a clear breakdown of your monthly vaulting fees, with email reminders sent when quarterly payments are due.
** Please note that the vaulting, delivery and convenience (administrative) fee is subjected to prevailing GST.