Texas Bullion Depository Schedule of Fees as of April 1, 2018
The Texas Bullion Depository has established the following Schedule of Fees, which are effective as of April 1, 2018. The Texas Bullion Depository is authorized by law to revise its fees at any time by publishing the applicable fees on our website and by providing a notice of any change in fees to account holders. Fee changes will be effective thirty days after the date of initial publication.
Not all fees are applicable to every client, as some fees are optional based upon the services selected by the Depository Account Holder.
Storage fees accrue on a daily basis as of 5:00pm Central Time USA.
| Account Balance From | To | Annual Rate |
|---|---|---|
| $0.01 | $2,499,999.99 | 0.50% |
| $2,500,000.00 | $4,999,999.99 | 0.45% |
| $5,000,000.00 | $7,499,999.99 | 0.40% |
| $7,500,000.00 | $9,999,999.99 | 0.35% |
| $10,000,000.00 | $24,999,999.99 | 0.30% |
| $25,000,000.00 | $49,999,999.99 | 0.25% |
| $50,000,000.00 | $99,999,999.99 | Negotiable |
| $100,000,000.00 | $100,000,000.00+ | Negotiable |
Non-Storage related fees are for charges for services other than the actual storage and safekeeping of the Depository Account Holder precious metals.
| Fee Type | Fee Amount | Fee Details |
|---|---|---|
| Account Setup Fee | $50.00 | per account |
| Withdrawal Fee | $25.00 | per transaction |
| Customer Room Usage Fee | $35.00 | per 1/2 hour |
| Postage / Transportation Fee (Domestic) | Gold , Platinum, Palladium, Rhodium $25.00 up to 100oz | per transaction |
| $0.00 | Plus, 15 cents (.15) per oz. over 100 oz. | 0.00% |
| Postage / Transportation Fee | Silver $25.00 up to 500oz | per transaction |
| (Domestic) | Plus, 10 cents (.10) per oz. over 500 oz. | 0.00% |
| Personal Pick-Up Fee | $25.00 | per transaction |
| Replacement Pallet Packaging Fee | $50.00 | per pallet |
| Stop Payment Fee | $30.00 | per transaction |
| Late Payment Fee | $30.00 | per transaction |
| Insufficient Funds/Overdraft Fee | $30.00 | per transaction |
| Refused Deposit Fee | $25.00 | per transaction |
| $0.00 | Plus applicable postage | 0.00% |
| 90% and 40% Silver Coin Bag Counting Fee | $25.00 | per bag |
Description of Non-Storage Fees:
Account Set-up Fee: One-time, flat fee assessed at the time of application for the initial establishment of an account at the Texas Bullion Depository. This fee is non-refundable. The Depository may, in its sole discretion, waive this fee as an incentive to establish an account with the Depository.
Withdrawal Fee: The fee charged for processing a requesting to withdrawal some or all precious metals stored in a depository account.
Customer Room Usage Fee: The fee, per hour or partial hour, for scheduling a private room at the office of the Texas Bullion Depository for viewing of precious metals held in your account.
Postage / Transportation Fee (Domestic): The fees assessed, based on the type of metal, for the shipment of precious metals within the United States of America. This fee includes 100% insurance on the shipment to the Depository Account Holder. This fee will be charged in addition to a withdrawal fee.
Personal Pick-up Fee: The fee assessed for scheduling an appointment to pick-up a withdrawal at the Depository. This fee will be charge in addition to a withdrawal fee.
Replacement Pallet Packaging Fee: The fee assessed, per pallet, for all shipments requiring palletization.
Stop Payment Fee: The fee charged in the even a stop-payment instruction must be issued or is received related to a Depository Account Holder’s account.
Late Payment Fee: The fee charged if a quarterly invoice is not paid when due.
Insufficient Funds/Overdraft Fee: The fee assessed to a Depository Account Holder if the bank account associated with their account does not have sufficient funds available to pay the amount debited for an invoice.
Refused Deposit Fee: The fee assessed when a deposit is refused and must be returned to an account holder. This fee is assessed in addition to the postage/transportation fee associated with returning the refused deposit. Generally, this fee (and return shipment fees, when applicable) is assessed when a Depository Account Holder submits an item for storage that is not listed on the depository’s list of acceptable items.
90% and 40% Silver Coin Bag Counting Fee: The fee charged for counting and verifying the contents of silver coins in bulk bags.