Euro Pacific Bank

Does the Bank Card draw directly from my gold or silver holdings in my Precious Metals Account?

No. When you want to spend some of your gold or silver, you will need to sell a portion of your metals holdings. The proceeds will be deposited in to your Cash Account, where they can be loaded onto the Bank Card.

This process ensures that you are aware of the costs incurred during purchasing and selling physical metals, and more importantly that you are protected during a theft of your Bank Card, as card funding is restricted daily.