Bonded warehouse

Duty-free warehouses offer tax advantages when storing precious metals. How to use the function in Precious Metal Vault.

What is a bonded warehouse?

A Bonded warehouse is a special warehouse outside the customs territory. Precious metals can be purchased and stored there without VAT.

Advantages

• ✅ No VAT. on purchase (e.g. silver without 19% VAT)
• ✅ Professional safekeeping with insurance
• ✅ High security in high-security safes
• ✅ Anonymity depending on provider

Disadvantages

• ❌ Storage fees (mostly 0.5-1.5% p.a.)
• ❌ No direct access - Delivery takes
• ❌ VAT on withdrawal to the EU (for silver, platinum, palladium)

Duty-free warehouse in precious metal vault

Mark storage location as duty-free warehouse

1. Go to Storage locations
2. Create a new storage location or edit an existing one
3. Activate the switch „Bonded warehouse“
4. Save

What does the marking do?

• 🏷️ The storage location is marked with a special icon
• 📊 Shown separately in evaluations
• 📋 Recognizable during export

Popular bonded warehouses