Euro Pacific Bank

Precious Metals Account

Min. Deposit



On October 29, 2020, we will be ending our relationship with The Perth Mint and moving all precious metals holdings to our new custodian, a global leader in high security bullion vault storage. Please read this full article to understand how you will be affected.

international gold storage
We are an approved dealer of The Perth Mint, the only metals storage program in the world with a government guarantee.

The Precious Metals Account is composed of Euro Pacific Bank’s government-guaranteed, physical gold and silver accounts, giving you the security of physical precious metals while maintaining the convenience and access of a private bank.

As a result, you can protect your purchasing power in spite of future currency, counter-party, and political risks, ultimately increasing your freedom. Travel the world without needing to take your bullion with you. Simply log into your Online Banking to track your Precious Metals Account holdings, from anywhere in the world.

Our Custodian

Physical gold and silver at The Perth Mint in Australia - © 2012 The Perth Mint
Physical gold and silver in The Perth Mint Depository. © 2012 The Perth Mint.

There are three important security characteristics of the Precious Metals Account. First, Euro Pacific Bank stores all of its precious metals through The Perth Mint in Australia’s government guaranteed Perth Mint Depository Program (PMDP).

Second, Euro Pacific Bank is audited and regulated by OCIF in Puerto Rico and the international accounting firm Deloitte & Touche LLP. In addition, The Perth Mint itself is wholly-owned by the triple-A rated Western Australian Government and audited regularly.

  • Geographically isolated with stable economic and political systems
  • Major source of world gold supply; refines over 400 tonnes of gold per year
  • Supplies Gold and Silver blanks to mints worldwide
  • Insured by international insurers and by the Australian Government
  • Follows advanced physical, electronic and procedural security protocols

Fees to Buy, Sell, and Store

Trading Costs

Gold and silver are purchased and sold at the spot price + commission.

Order Amount BUY SELL
$1 – $5,000 4.00% 4.00%
$5,000.01 – $20,000 3.00% 0.50%
$20,000.01 – $50,000 2.50% 0.50%
$50,000.01 – $100,000 2.25% 0.50%
$100,000.01 – $500,000 2.00% 0.50%
$500,000.01 – $1,000,000 1.50% 0.50%
$1,000,000.01 + 1.00% 0.50%

*Please note that only market orders are accepted.

Storage Fees

Precious Metal Type GOLD SILVER
Annual Fee 0.00% 0.95%*

*Annual storage fee accrued daily, debited biannually


Bank Card Access

silver bullion storage

One unique feature of owning gold and silver in your Precious Metals Account is bank card access. Unlike other precious metals products, we offer the access and flexibility of quickly liquidating some of your holdings and spending the cash proceeds by ATM withdrawal or point-of-sale.

The bank card is accepted in over 210 countries and territories and millions of merchants worldwide.

Do I need a bank card?

The bank card is completely optional and is currently only available to residents of SEPA.

How does the card work?

After you’ve funded your Euro Pacific Bank current account, you can follow these instructions to order a bank card. As the bank card is considered a “prepaid” card, you’ll need to fund it with cash from your current account. You’ll then be able to track your transactions inside your eBanking.

Again, the bank card does not draw from your precious metals holdings directly. Please read this article for more information.

Frequently Asked Questions

What is the purpose of the Precious Metals Account?

The purpose of the Precious Metals Account is to provide clients a convenient way to invest in gold and silver. It is designed for clients who want to protect their wealth through simple price exposure to precious metals and have the ability to convert those holdings for currency quickly and conveniently.

Is the Precious Metals Account an allocated program?

No. Clients have holdings in the Precious Metals Account, and our responsibility is to back the product 1:1 with physical precious metals in our network of reputable, non-bank vaults. In return, clients receive true 1:1 price exposure to gold and silver, the convenience of buying and selling online, and 24 hour liquidity.

Can I take delivery of my precious metals?

We do not offer delivery because the Precious Metals Account is not an “allocated” program. Again, the purpose of the Precious Metals Account is to provide clients a convenient way to invest in gold and silver and convert those holdings for currency at their convenience.