What do I need to know about storage fees? | Ask Banky

Editor-in-Chief Mohamed Salah

ع

Editor-in-Chief Mohamed Salah

What do I need to know about storage fees?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

Gold storage fees may be a separate service charge.

Include them in your expected net return, especially for long-term investments, and ask if the fees are fixed or based on weight or value.

The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.

Source

Discussion

Join the discussion

Sign in to add your comment or reply to other readers.