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e-Bullion infO

e-Bullion has the following features:

  1. CRYPTOCard Secure Password Technology
  2. e-Bullion Debit Card
  3. Automated Transaction Interface Protocol (ATIP)
  4. Batch Transfer Instructions
  5. Storage/Buying/Selling of Precious Metals

funding

Bank wire

Minimum Bank Wire trade is $1,495.00 (USD$) The majority of inbound wires will complete to your account within 1 (one) business day. Wires can sometimes take up to 3 (three) business days to transfer and complete to your account. PLEASE All exchange orders are processed by Goldfinger Coin and Bullion Inc.

Cash deposit -Bank of America or Wells Fargo Bank

Please keep in mind that the bank may take 1 - 3 business days to post your deposit to our account depending on the branch location. Once your deposit has cleared and we transfer the metal or e-Currency into your e-Bullion® Account, you will receive a notification e-mail from e-Bullion® if you have transaction notification turned on. Please remember that our cash deposit program is designed for CASH only. If the deposit shows up in the computer system as a CHECK then we will hold your order until the check has cleared with no possibility of being reversed. We may hold checks for up to 90 days before crediting your e-Bullion® Account, so please do not deposit checks through our Cash Deposit Accounts.

Direct Bailment

e-Bullion.com can convert your physical metal into e-Bullion®. Currently, we accept: 

Hallmark grade Bullion Bars (well-known refiner such as  Johnson & Matthey, Engelhard or Credit Suisse)  of .9995 Fineness or better in the following sizes:
Kilo (32.15) / 100oz troy / 400 oz troy
The following Gold Bullion Coins of .9999 fineness:
Canadian Gold Maple Leaf
Austrian Gold Philharmonic
Australian Gold Kangaroo (Nugget)
ASSAY

Your e-Bullion.com account will be credited after certification of purity and quantity (assay), based upon the prevailing spot prices (exchange rates) in effect at the time of the confirmed trade. We always attempt to expedite the process for our customers, but assay (testing) and processing of bailments may take from 3 to 7 working days.

FEES

Processing Fee
A one-time administration processing fee of USD$ 47.50 will be assessed for each incoming bailment.

Assay Fee
A fee of $3.75 per troy ounce will be assessed for the assay testing of your submitted bullion and will be deducted from the total for the transfer exchange.

Mail Remittance - send funds by mail

We do not accept personal checks. If your choice is to send a Bank Cashier's Check, please be informed that these checks must be cleared through the bank before the funds can be put into your e-Bullion® Account, and this process could take up to fourteen (14) business days.

Widthdrawal

TERMS OF WITHDRAWAL All withdrawals will be processed at the current exchange rate (spot price) at time of withdrawal. Your withdrawal will be converted into USD$ and processed according to the method you select. Exchange orders are processed by Goldfinger Coin and Bullion Inc.

SERVICE CHARGES & HANDLING FEES
Unless noted otherwise, all fees are now automatically deducted from your e-Bullion® account balance (not the amount of the transfer) at the time of the transaction. (All amounts are in USD$)

NOTE: There is now a 3% fee for withdrawing precious metals, and a 2% fee for withdrawing e-Currency®. (This is referred to as the "Liquidation Fee".)

The following fees apply:

Payment by CHECK

Total Delivery Cost (in USD$)

By Mail - Domestic (within the USA) via USPS First Class Mail

$1.00 + Liquidation Fee automatically deducted at time of transaction.

By Mail - International (outside the USA) via USPS First Class Mail

$2.00 + Liquidation Fee automatically deducted at time of transaction.

By UPS (United Parcel Service)

AT ACTUAL COST based on delivery location and UPS delivery options. (Minimum charge is $15.00.) UPS charges will be deducted from the total amount of your withdrawal (not directly from your e-Bullion® account). (Liquidation Fee automatically deducted from your e-Bullion® account at time of transaction.)

Payment by BANK WIRE

Total Delivery Cost (in USD$)

By Bank Wire - Domestic
(for transfers within USA.)

$25.00 + Liquidation Fee automatically deducted at time of transaction.
By Bank Wire - International
(transfers outside of USA.)
$40.00 + Liquidation Fee automatically deducted at time of transaction.

PROCESSING TIME

If you choose payment by CHECK
Outgoing CHECKS are processed within 1 (one) business day of receipt of your order.

If you choose payment by BANK WIRE
The majority of outgoing BANK WIRES will complete to your account within 1 (one) business day.  Bank-to-Bank Wires can sometimes take 3 (three) to 5 (five) business days to transfer and complete to your account. PLEASE NOTE: e-Bullion® will always make every effort to complete your order as fast as possible. 

Fee

Our fees are extremely competitive and always kept as low as possible. We think you will find e-Bullion® to be less costly and easier to use than our major competitor's systems. 

TRANSACTION FEE
The twenty-five cent (USD$0.25) transfer fee has now been eliminated. There is NO FEE for transferring funds from account-to-account within the e-Bullion® system.

STORAGE FEE
ZERO! e-Bullion.com DOES NOT charge routine storage fees on account balances. Some of our competitors charge costly storage fees which can quickly add up and substantially reduce your account balance over time.

SERVICE FEE
To help offset the costs associated with maintaining e-Bullion®, we charge a modest monthly service fee (instead of costly storage fees). This monthly charge is equivalent to 1/3rd of a gram of Gold at current exchange rates. This equates to approximately $4.20 per month/ per account, which is more efficient and less costly to users of e-Bullion®.

LIQUIDATION FEE
Account holders will be charged a fee for liquidating e-Bullion® and e-Currency®. Generally, the fee is 2% for liquidating e-Currency®, and 3% for liquidating e-Bullion® (gold and silver) through e-Bullion's primary wholesale/Exchange Provider, Goldfinger Coin & Bullion, Inc.

Please sign into your e-Bullion® account and go to the Liquidation/Withdrawal area of your account to review the applicable fee schedule.

Restrictions