excellent alternative to the standard deposit in dollars or in rubles is a metal account in Sberbank.In some situations, it opens up great prospects for earnings.The most popular are considered depersonalized metal accounts, also known as the MLA.Their main advantage is that they do not require additional costs for maintenance and any manipulation with them is very simple.CHI offers virtually any financial institution, but in spite of the specific conditions of the partnership in each of the banks, there are common standards and rules.
What does depersonalized metal account?
metal accounts in Sberbank - is one species of customer accounts, which including precious metals.He does not tend to the presence of typical signs of bars, such as the number and the sample.Withdraw the precious metals can be either directly in the form of ingots, which will be accompanied by additional costs and in monetary terms.
If the account is planned to put the gold, silver or platinum directly to the physical format, will have to examine the metal, ordered his assessment and provide transportation.Moreover, the need to repay the VAT of 18% of its value.Simplifying procedures recharge occurs when used with the impersonal precious metal.It will be reflected in their own deposit in grams.Put on by the metal can be in the amount of 0.1 grams, which makes the offer is available for almost every person.
How about interest charges?
unallocated metal accounts in Sberbank is not accompanied by accrued interest.In Russia it is not accepted to charge additional funds to the accounts of this category.If the financial institution offers a rate of 1 to 2%, which will be calculated in grams of metal, it is an incredibly good offer, and it is immediately agree.In western countries, the practice of charging interest on the contribution of quite widespread.Profit for this category of deposits the depositor receives due to changes in prices.If the value of the precious metal during the partnership with the bank to grow, then the investor will earn.If the asset decline, the deposit will drawdown.Specificity determines the low liquidity in the broad masses of a product such as metal accounts of the Savings Bank.The course of the precious metal in the international market determines the profitability and loss-making assets, that is very risky and is not suitable for most investors.
Conditions for opening
service CHI available for each customer of a financial institution, which at the time of signing the agreement on cooperation of 18 years.Metal Sberbank account can be opened and a child who is not yet 14 years old, but only if the presence of the official representative.Children aged 14 to 18 years old can open their own accounts category, but only when the official permission of parents or guardians.
Account management can be entrusted to a third party with a certain level of qualification.What matters is that the power of attorney has been issued on the authority of officially notarized.Technical opportunity to open a metal account in the Savings Bank is not at all branches of the financial institution, so this issue is to ask in advance.
Important Aspects of Partnership
Metal account reviews which mostly positive, in most cases, open duration of one year.The client is given the opportunity to rollover contributions.Account can be opened in one of four popular metals such as gold, platinum, silver and palladium.Most often open deposits in gold as it is the most liquid and popular asset.Opening an account in silver, platinum or palladium - the prerogative of professional investors.The markets of these metals are highly volatile and both offer good prospects for earnings and involve high risks.When drawn metal accounts of the Savings Bank, the rate of sales of assets of financial institution and is the price the customer pays.After the end of the deposit the client receives at the hands of funds at the rate of purchase of the metal in the bank.The difference between the purchase price and the sale of an asset is called the spread.Quotes are determined by the bank itself, but taking into account the actual value of the metal in the international market and the situation within the state.
Specificity accounts
unallocated metal accounts in Sberbank is very specific, since it does not require direct contact with the metal of the owner.The customer simply brings money.And the equivalent in metals is charged to the account.To see, and even more so to hold its assets in the hands, with no additional costs will fail.The assets are in fact virtual.At the request of the account can be refilled or partially redeemed.It is even the possibility of temporarily closing, if the situation on the market shows a sharp drop in the coming metal.It is worth noting that, despite the great opportunities in the management of their assets, for any manipulation of the bank will charge an additional fee.
Are there ways to cash out by gold?
Metal accounts can cash out and replenished, not only in the form of a monetary asset.To cash and fund your account is realistic conventional ingot.Here we note that this feature is only available in 500 branches of the Savings Bank of 8500 working throughout the country.If you decide to withdraw money from the account are not, as the metal itself, it should notify the bank in advance.Usually, in this situation, the client assigned to certain financial expenses.We'll have to pay for the release of ingots and transporting them to the bank branch.Moreover, the need to repay the VAT which will be charged for handling virtual metal.By law, gold, which has not left the financial institution is not taxed.If you look at the situation objectively, mutual settlements with Bank of unallocated metal accounts is much more profitable to carry out without direct manipulation of bullion.
It is necessary to know
Each client of the financial institution, Sberbank, unallocated metal accounts (the rate in which constantly changing) can open in any amount.Upper limit exists.
Persons who are actively using online banking, provided universal, more favorable conditions for partnership.Please note that the operation of the account can be carried out exclusively in the department in which he has been issued previously.To transfer from one to another MLA impossible.
Disadvantages MLA, or How to make a decision
Metal accounts differ significantly from the standard deposit programs, which, although they guarantee a steady increase in the deposit, but are not protected against inflation.As for any gold or other precious metals, the assets that belong to the category depletable natural resources, so their value will increase in the future.In deciding, it is important to note that this category of deposit does not fall under the protection of the Deposit Insurance Agency, with the bank and if something happens, the damage will not be refunded.It is important to choose and the opening of the MLA, as the profitability of the asset will depend on how profitable it was purchased metal.If you execute the schedule on a pullback in an institution such as Sberbank, metal accounts, the rate (gold, silver, platinum, palladium) at that time will be the most profitable, and it will work fine.The average annual yield on this category of programs to invest at least 20%.
nuances that deserve attention
CHI is more suitable for those who are well versed in the international currency market and the metals market.Today, when the economic situation is unstable, it is best to refrain from this type of investment.Opening impersonal accounts - this thing easy, but the ability to take his profit is considered to be a professional manipulation.To address the need of the fact that the purchase of precious metal in the bank will always be carried out on a speculative course which will be significantly different from the stock exchange, which in itself promises some extra spending.
