What is swiss procedure in gold trade?
There is more than one “Swiss procedure”: First of all, you can buy actual gold. If you wish to transfer your funds into an exchangeable object that you can keep in your possession, then you can buy bars of gold. Be aware that your Swiss bank will charge you a fee for delivering the gold. This Swiss procedure for purchasing gold is often attractive to people who want to consolidate a great deal of money into a transportable commodity. If you are already in possession of gold, then you can deposit the bar(s) for safekeeping into a Swiss bank box. If you decide to use this Swiss procedure to invest with gold, then be sure to have your gold bars certified before depositing them in your bank. This will ensure the quality and allow you to trade the gold at a later date. There is a Swiss procedure that will allow you to invest in gold without actually purchasing the metal. If you decide to invest in a precious metal account, you will contractually own a portion of a gold bar. This Swiss proc