Metal Accounts | Ameriabank
My Ameria
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Մոբայլ բանկինգ
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999.9 purity gold only

Opening accounts

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Account balance

No minimum deposit required

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Keeping record

Paper gold recorded in grams up to two decimal places

What is a metal Account?

A metal account is a very useful tool to invest in precious metals and earn on rises in the price. Start small and gain more year by year!

If you have a metal account in gold, you may keep yourself safe from the trouble of saving in different currencies and worrying about exchange rate risks.

Metal accounts are designed to take a record of and deal in your paper gold. The only data required for opening a metal account is the purity and weight of gold.

ADVANTAGES


Earn on the rise in the global price of gold

Less impact of exchange rate volatilities

Protection from fraud inherent to trading in physical gold

Saving time

No risk of loss or damage

Highly liquid: you may sell the gold to the bank at any time at the then-effective rate

No time or amount limits for investing

How should I purchase gold for a metal account?

You may purchase paper gold from Ameriabank or make a transfer from a metal account owned by you or other persons.

How should I withdraw gold from my metal account?

You may withdraw gold from your account by selling the gold to the bank or by transferring it to your or other persons’ metal accounts. The bank purchases gold at its quotations. Buy and sell rates defined by the bank per 1g of gold are used.

How should I deposit gold into my metal account?

No deposits or withdrawals of physical gold are required for operations via metal accounts. Buying and selling of paper gold are performed based on your request, which should contain the essential terms (price, date due, and weight) of the transaction. Transfers between metal accounts with Ameriabank are free of charge; transfers to other Armenian banks and foreign banks are subject to contractual fees and rates.

Smart account

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Open an online account and get free-of-charge Visa Classic or MasterCard Standard card and MyAmeria Online/Mobile Banking

Escrow

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The escrow account is a special bank account where funds are kept until the fulfillment of obligations between transaction parties.

Savings account

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Save money with us and feel the benefits of flexible account management options.

Last updated on 28.09.2021, 09:44