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Vault-to-Vault Transfers

Last Updated: Feb 17, 2017 02:01PM EST
Do you want to hold all of your gold in one vault, or would you prefer to spread it around across multiple locations? Vault-to-Vault Transfers allow you to move your gold between your Goldmoney Personal & Business vaults easily and instantly! This is also the first step of redeeming funds to your Wealth Holding, as funds must be in your Toronto vault. Vault-to-Vault Transfers allows you to transfer your gold to the vault of your choice for a low fee of 0.5% of the transferred amount. Please note, at this time Vault-to-Vault Transfers are not permitted from the Dubai or PayPal Vault locations. 

Select the Transfer Button next to the vault that you wish to transfer funds from. 

Indicate which vault you would like to transfer your gold from, and which vault you wish to transfer it to. You can change the selected vault by clicking on the drop-down arrow. 

Type the amount of gold you would like to transfer. This amount cannot be less than the equivalent of 0.1 grams of gold (GAU). The default currency for transfers is GAU, but you can change the currency by selecting the drop-down arrow to the right of the current currency. 

Before you finalize the transfer, you will be able to see the amount of your transfer in gold grams, the applicable fee that will be deducted from your transfer amount, and then final amount of the transfer after the fee is applied. If the value of your fee is less than 0.001 GAU, the fee will be rounded up to 0.001 GAU. 

Select "Process Vault Transfer" to submit! If you have Two Factor Authentication enabled, you will be prompted to enter the 7-digit code sent to your mobile phone to confirm the transfer. A successful transfer will cause the following green confirmation message to appear on screen. Your transferred gold may take 1-2 days to settle in your new vault.


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