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Precious Metal Account Trading
At ICBC, customer can perform Precious Metal Account Trading via Internet Banking and Mobile Banking via trading hours. You could start trading Paper Gold and Paper Silver with USD or RMB. Kindly note precious metal account trading is without physical delivery.
Customers could either come down to any of our branch or use our e-banking (internet banking/mobile banking) to activate precious metal sub-accounts. You could perform real-time transaction, manage and inquire your precious metal sub-accounts when signing up.
Trading hours
From Monday to Friday, 5*24.
The platform will not be available during weekends or public holidays.
Advantages
● Various products. Customers could trade Paper Gold and Paper Silver with USD or RMB.
● Lower costs. There are No account opening fees, administrative fees or commission charges.
● Minimum transaction amount
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Minimum Transaction volume |
Transaction Unit |
| CNH/Paper Gold |
10 gram |
1 gram |
| CNH/Paper Silver |
100 gram |
1 gram |
| USD/Paper Gold |
0.10 ounce |
0.01 ounce |
| USD/Paper Silver |
5.00 ounce |
0.01 ounce |
● Convenient channel. Customers could perform trading via internet banking or mobile banking.
●Real time settlement and unlimited trades per day.
Disclaimer by the Bank
The is not to be used or considered as an offer, or invitation to offer, to sell or to buy the Precious Metal (“Product”) and does not constitute a recommendation by the Bank to enter into any transaction or any form of commitment by the Bank to enter into any transaction with you. The Bank has not taken any steps to ensure that the Product is suitable for you and the Bank is not acting as your adviser or in any fiduciary capacity in respect of any proposed transaction in relation to the Product. Nothing herein constitutes investment, legal, accounting or tax advice, or a representation that any investment is suitable for or appropriate to your investment objectives, financial situation and particular needs, or otherwise constitutes a personal recommendation to you. The above does not purport to identify or suggest all the risks or material considerations which may be associated with the Product.
As such, it is recommended that before entering into any transaction, you should take steps to ensure, without reference to the Bank, that you have a full understanding of the terms, conditions and risks thereof and are capable of and willing to assume those risks in the light of your own investment objectives, financial situation and particular needs. If you are in doubt as to any aspect of any transaction in respect of the Product, please consult your own legal, regulatory, tax, business, investment, financial and accounting advisers. While based on information believed to be reliable, this document and its contents are provided on an “as is” basis. The Bank does not make any representation or warranty as to the accuracy, timeliness or completeness of the information contained in this document..
FAQ
Precious Metal Trading Account Terms & Conditions
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