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Banking metals |
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GOLD INSTEAD OF PAPER Conventionally, gold, silver, platinum and palladium are deemed banking metals. It is gold, what is considered most acknowledged and attractive banking metal.
During ages, gold has been considered a secure value. Many peoples deemed it an investment standard actually free of risk, and the monetary systems of certain countries were relying on the gold standard.
Has gold the same attractive value today? Suffice to say that over the past thirty years, the price of gold has been increased many times. Banking gold has been and will be a guarantee of the stability of a monetary system, in particular, under the conditions of economic instability and financial crises. Therefore, acknowledged western investment analysts recommend to keep 5 to 10 % of capital in gold.
Gold helps to secure savings not only to the governments and banks: purchasing banking metals you also may provide for secure custody of your savings.
TIME-PROVED CONVENIENCE Purchasing banking metals you actually convert your money in an international currency having higher immunity against inflation than paper money.
Ingots of banking metals are compact and occupy little space. You may any time sell them to the Bank and receive your cash less small commission.
Banking ingots may be also brought abroad (by the law, outflow of banking metals is similar to the outflow of foreign exchange).
- For legal entities, operations of purchase and sale of banking metals are similar to the operations of purchase and sale of foreign exchange.
- You are not obliged to report to the public authorities on a purchase of banking metals to an amount below UAH 50,000.
- All operations in connection with a purchase and sale of banking metals are exempted from taxation.
- Subject to an appropriate licence of the Ministry of Finance, you may withdraw banking metals from your current account in a form of banking ingots.
- Banking metals may be kept in a bank safe or on a deposit account.
WHY KREDITPROMBANK?
- In Kreditprombank, you may purchase banking metals complying with international quality standards manufactured by such world leaders as COMMERZBANK AG, WC HERAEUS GMBH, and DEGUSSA etc.
- You may raise a loan in the national or foreign currency on security of banking metals.
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