Bullion Delivery Facts

BMG BullionBars™ meets the Good Delivery Standards set by the London Bullion Marketing Association and the London Platinum and Palladium Market.BCS only deals in what are known as Good Delivery bars.

Good Delivery bars are cast by a small group of metals refiners accredited by the professional bullion dealing communities in London, New York and Zurich. They are accurately assayed and guaranteed always 99.5% pure or better. From the day they're first manufactured, Good Delivery bars are kept in bullion vaults recognized and monitored by the local dealing community.

With each bullion bar purchased, a BullionDeed will be issued with the owners name, the bar weight, fineness, serial number and manufacturer. The BCS registry along with the deed allows the owner to sell, assign or collateralize the bullion, while providing protection of non-negotiability.

In addition, the purchaser of BMG BullionBars receives monthly statements designating your ownership balance.

Bullion holdings are verified annually by independent auditors, KPMG LLP.

Custodial Storage

The purchaser has the option of entering into a storage agreement that provides secure, fully allocated, insured storage at a total cost of 1% per annum plus dealer service charge. Storage under a Holding Agreement is with The Bank of Nova Scotia in Toronto, and soon in New York, London, Zurich or Hong Kong. Storage fees are payable annually in advance upon purchase, and quarterly thereafter.

On a delivery request, the purchaser is responsible for all shipping and insurance costs, including a handling fee of $250 per transaction. Additional assay and verification costs would apply to bars that have been held directly by the owner outside of the Bank of Nova Scotia vault facilities.

In short, every effort is made to ensure that the storage and delivery of your bullion adheres to the highest standards.

Contact me to purchase bullion from BMG BullionBars™. It's easy and convenient.