ICBC Offers No Cost Gold Accumulation Service

In the previous post about gold leasing, there was mention of ICBC's gold accumulation program. ICBC charges 0% for dollar cost averaging, making scheduled purchases of gold. If the saver takes the initiative to buy, they must pay a 0.5% fee. The redemption fee for gold sales is 1%. Savers can exchange their gold at no cost for physical gold offered by ICBC (although that gold may have a substantial markup).


English: Gold Accumulation Plan for Personal Account

Here are all the bank's gold services: Precious Metal

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