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Nov 22, 2010

Silver Savings Account

Silver Savings Account

Singapore Savings Account Rates presents Silver Savings Account.

This Silver Savings Account is created when you buy Silver and deposit it inot the Silver Savings Account. You make money when you sell the Silver at a higher price.

Silver Savings Account rates are shown for your information about financial investments in Singapore. Before you invest money or put cash in financial products or financial investments like stocks, shares, bonds, unit trusts, money markets or other banking products, you ought to confirm these savings account rates with financial institution or bank firm concerned.

Silver Savings Account S$/oz

Bank Sells = 30.57
Bank Buys = 30.35

Not that for Silver Savings Account, there are charges to pay to maintain Silver Savings Account.

An annual administrative fee (in ounces of silver) as low as 0.2 ounce per month or 0.375% p.a. on the highest balance per month, whichever is higher.

The Silver Savings Account fee is subjected to GST, which will be deducted from your account in ounces of silver also.

An administrative charge of $30 for the closure of the Silver Savings Account within 6 months. The Silver Savings Account closure fee is subjected to GST.

Investments in gold and silver are not guaranteed by the Bank and are subject to investment risks, including the possible loss of the principal amount invested.

Value of the investments and administrative fees can go up or down, depending on the fluctuations in international and/or local gold and silver markets and foreign exchange market.

Thanks for reading Singapore Savings Account Rates, where we bring you the latest and best financial information about selected Singapore savings account rates.

The Team

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