Frequently Asked Questions
What is Bullion? Bullion is a term used to describe any product produced from a precious metal whose value is determined almost exclusively by its precious metal content. Bullion is priced in conjunction with current market“ spot” value plus a premium for fabrication and shipping costs.
How do I open an account with Canadian Bullion Services? Opening an account is easy and will take approximately 15 minutes of your time. Simply call one of our Account Executive and we will be happy to help you get started.
What Forms of payments does Canadian Bullion Services accepts when opening an account? We accept the following payments: certified cheques, money orders, cheques and bank wire transfers.
How do I buy or sell precious metals? Contact our Account Executive and we will be happy to service you. Provided there is sufficient equity / funds in your account all orders will be executed immediately.
What do I receive once an order has been executed? A purchase confirmation will be sent to you via email indicating all the details of your purchase, including, the type of precious metal, the number of ounces, the purchase price, the credit balance if applicable and the related commissions.
Where are the precious metals purchased from? The precious metals are purchased from recognized wholesale suppliers.
In which currency should I buy precious metals? Precious metals are only bought and sold in US currency( USD).
Do I have to fund my account in US dollars? No, at Canadian Bullion Services funds will be accepted in both Canadian and US currencies. Upon receipt we will convert your CAD into USD for you at our preferred rates.
Can I take delivery of my precious metals? Absolutely! This option is available at any time. Simply contact our Account Executive, ensure that your account is settled in full, and provide the appropriate delivery details. Minimal delivery charges will apply.
What are the storage costs? Storage is available at a rate of half a percent( 0.5 %) per year of the total metal value.
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