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We regret to inform you that due to regulatory reasons, Dukascopy Bank SA does not open Live accounts for the residents of the country selected by you.
Clients may open self-trader and current accounts in non-deliverable gold (XAU London).
Dukascopy Bank gold accounts are an alternative to the purchase of physical gold. The investor benefits by holding gold without the need to physically store it and from attractive exchange rates which are offered by Dukascopy Bank when an XAU account is funded or withdrawn from.
Funding / withdrawing from a gold account can be done in one of the following currencies: USD, CHF, EUR, GBP, JPY, AUD, CAD, DKK, HKD, MXN, NOK, NZD, PLN, RUB, CNH, SEK, SGD, TRY or ZAR. The related exchanges are done at very competitive rates.
XAU accounts are subject to custody fees. Gold accounts with Dukascopy Bank are guaranteed up to CHF 100’000 (the same as other bank deposits).
Physical gold cannot be withdrawn from the gold account; instead, the holder will receive its equivalent in any currency listed above. The possibility to transfer non-deliverable XAU or to convert holdings into physical gold is subject to negotiations.
To open a gold account, clients simply have to contact their account manager. New clients need to select XAU as account currency on Step 4 of the online account application.