This is to inform that Rietumu Bank starts provision of a new service – purchase of gold bullions and gold coins – to customers.
Gold is considered as one of the safest investment instruments all over the world. The demand for gold during financial turbulence and crises traditionally rises. The precious metal is often admitted to be safer means of capital investment than currencies, securities or other valuable assets. Gold is a conventionally high-liquid asset anytime, in any country and circumstances.
Taking into account customer requests, Rietumu Bank starts provision of gold purchase services starting from February 2009.
The Bank’s customers can purchase triple nine (999.9) gold bullions of the Austrian Mint of any weight, as well as gold coins “Austrian Philharmoniker” carrying weights of 1, 0.5, 0.25 or 0.1 ounce of gold each and coins of other countries upon special request.
Having purchased the gold bullions or coins through Rietumu Bank, customers can then manage them and store in any location at their discretion, including the Bank’s depository, which is located in our new H.Q. Rietumu Capital Centre in Riga on 7 Vesetas street.
The tariff on purchase of 1-kilo (and above) gold bullions and delivery to the Bank’s depository will account for 1.5% of the transaction amount; the minimum equals USD 10 000 (the tariff comes into force on 3 February). Tariffs on purchase of gold bullions carrying less than 1-kilo weight and coins are set upon agreement.
You can obtain more detailed information on gold purchase in Rietumu Bank’s Securities and Financial Markets Department via phone +371 67005525.
Eleonora Gailisha Mass Media and Public Relations
Phone: +371-67020506
Fax: +371-67020563
E-mail:
[email protected]
