CAD 
Products
USD 
When it comes to precious metals storage facilities, some countries are more ideal than others. Find out why.
We only partner with the most secure, reputable precious metals vault services.
Where’s the best place to store precious metals?
Precious Metals Storage Fees |
||
| Portfolio Value per Location | Storage Rate | Currency |
|---|---|---|
| Up to $99,999.99 | 0.65% | CAD |
| $100,000 to $499,999.99 | 0.55% | CAD |
| $500,000 to $999,999.99 | 0.50% | CAD |
| $1,000,000 to $1,999,999.99 | 0.45% | CAD |
| $2,000,000 to $4,999,999.99 | 0.40% | CAD |
| $5,000,000 + | 0.35% | CAD |
| *Minimum monthly fee is $16.67 CAD (per location) | ||
| Here are some specific examples: | ||
| 1. $50,000 (Value of holdings, per location) x 0.0065 (0.65%)/12 = $325/12 Monthly fee = $27.08 CAD + tax | ||
| 2. $150,000 (Value of holdings, per location) x 0.0055 (0.55%)/12= $825/12 Monthly fee = $68.75 CAD +tax | ||
| 3. $600,000 (Value of holdings, per location) x 0.005 (0.5%)/12 = $3000/12 Monthly fee = $250.00 CAD + tax | ||
High-quality products. Low-risk storage.
When you store with us, we guarantee that your gold, silver and platinum precious metals will be stored in a vault securely and privately, with very little risk.
Insured
Allocated
Audit Certificates
Segregated
Transfers
Sell backs available
I think physical diversification is a very intelligent thing to do because you never know what various governments are going to do that may harm your financial well-being.
Give us a call to begin your application process.
1.888.861.0775
Monday - Friday: 8am to 6pm EST
Or, complete your application online by selecting an application form below.
Why Choose Sprott Money Storage?
Fully insured
Your precious metals will be fully insured. In the event of a loss, theft and/or physical damage to your products, you will be fully compensated.
Certified non-bank storage
Your precious metals will be safe under their world-class protection, technology and infrastructure.
Low storage fees
We offer one of the lowest storage fees for precious metals in the industry.
Segregated from others
Our precious metals will be allocated to your account and physically segregated from precious metals owned by Sprott Money and its clients.
Secure locations worldwide
Our storage vaults are located in some of the safest and most politically stable countries in the world.
Recognized & trusted
Sprott Money is a recognized and trusted name in the precious metals industry.
Shop Sprott Money
Gold
The long-standing history and desirability of gold is undeniable. It’s arguably the most valuable and coveted of all the precious metals.
Silver
As the most affordable of the precious metals, silver is a common choice for first-time buyers looking for a reasonable entry point.
Platinum
Platinum’s history as a precious metal is relatively young. However, its importance continues to grow in modern times.
Storage FAQ
What is the Sprott Money Storage Program?
The Sprott Money Storage program allows you to purchase precious metals from Sprott Money and store in our secure storage facilities. Existing Sprott Money clients can also transfer their precious metals previously purchased from us to our storage facilities.
Where are your facilities located?
Sprott Money Ltd. has storage facilities located in:
- Delaware, USA
- Toronto, Ontario
- Vancouver, British Columbia
- Singapore
- Switzerland
- Cayman Islands (silver, platinum and gold coins only)
What is the process to set up a storage account?
If you have questions, we'd be happy to answer them. Please call us at 1-888-861-0775 to speak to a representative or email us through our Contact Us form.
Once your order has been placed, an application / storage agreement document will automatically be sent with the confirmation email.
When you have completed the form and have all of your documents, please submit them to our team via email at storage@sprottmoney.com or fax it to us at (416) 861-9855. When your application has been approved, we will transfer your products to your new storage account. Storage of your precious metals will officially begin upon receipt of payment for your Sprott Money purchase.
Please note that a completed and signed storage application and storage agreement must be provided to storage@sprottmoney.com within 10 business days after the order has been placed. If the storage application is not complete within this time frame, your order will be shipped to the billing address provided.
What are your storage costs?
We are pleased to offer some of the most competitive rates in the industry.
| Storage Portfolio Fee Information | ||
|---|---|---|
| Portfolio Value per Location | Storage Rate | Currency |
| Up to $99,999.99 | 0.65% | CAD |
| $100,000 to $499,999.99 | 0.55% | CAD |
| $500,000 to $999,999.99 | 0.50% | CAD |
| $1,000,000 to $1,999,999.99 | 0.45% | CAD |
| $2,000,000 to $4,999,999.99 | 0.40% | CAD |
| $5,000,000 + | 0.35% | CAD |
| *Minimum monthly fee is $16.67 CAD (per location) | ||
| Here are some specific examples: | ||
| 1. $50,000 (Value of holdings, per location) x 0.0065 (0.65%)/12 = $325/12 Monthly fee = $27.08 CAD + tax |
||
| 2. $150,000 (Value of holdings, per location) x 0.0055 (0.55%)/12= $825/12 Monthly fee = $68.75 CAD +tax |
||
| 3. $600,000 (Value of holdings, per location) x 0.005 (0.5%)/12 = $3000/12 Monthly fee = $250.00 CAD + tax |
||
Please call us for a quote. The yearly minimum storage fee is $200 plus applicable taxes. The minimum monthly fee is $16.67 plus applicable taxes. This means that by the above chart calculation, if the storage fee amounts to less than $16.67 plus applicable taxes in any month, you will still be charged $16.67 plus applicable taxes in that month.
Is there a minimum to store with Sprott Money?
There is no minimum to store with Sprott Money.
Can I store my precious metals in multiple facilities?
Yes. You are welcome to store in any of our storage facilities. You will receive an invoice each month for each location. Each invoice provides a detailed account of your precious metals in that storage facility.
Why should I store in Canada, Singapore, Switzerland or the Cayman Islands?
As one of the most prosperous countries in the world, Canada is considered one of the safest places to store bullion due to its economic and political stability. The same applies to Singapore, the Cayman Islands and Switzerland. By storing with Sprott Money’s Storage Program, we can guarantee that your metals are stored securely and privately with little risk.
What is ‘segregated’ storage?
Segregated storage means that your precious metals are stored separately from others in individual boxes assigned to each client.
What does ‘allocated’ storage mean?
Allocated storage means that your precious metals are recorded under your name and you hold direct ownership of the metals.
Will my precious metals be stored at a bank?
No. Your metals will be stored with Brinks, IDS (International Depository Services) or a location in the Cayman Islands - they are non-bank facilities and among the most trusted storage facilities in the world.
What information do I need to provide to set up an account?
Sprott Money complies fully with the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and our reporting obligations with the Financial Transactions Reports Analysis Centre of Canada (www.fintrac.gc.ca).
As part of the Know Your Client (KYC) program, we require our clients to provide contact details as well as two pieces of identification or submit to a bank reference check to verify your identity. Businesses that wish to store with us must complete additional forms and provide copies of entity-formation documents.
What are Basis Points?
Basis Points are an annual percentage rate. For example, 100 basis points = 1.00% of the account per year. Thus, 50 basis points = .50% (or ½%) of the account value per year.
What happens to my precious metals if Sprott Money goes bankrupt?
In the unlikely event that Sprott Money files for bankruptcy, your precious metals will be safe and secure. Sprott Money acts as a storage provider for your precious metals and does not hold any claim on your assets. Your precious metals will not be affected and you will be able to withdraw them from your storage account.
What happens if the storage facility goes bankrupt?
Your storage account will be segregated and allocated to your name. Brinks, IDS and a location in the Cayman Islands act as storage providers and do not hold any claim on your assets. Should a storage facility file for bankruptcy, you have the option of either having your precious metals returned to you or have it transferred to another secure storage facility.
How is Sprott Money different from the other companies that provide bullion storage?
1. Your precious metals will be fully insured. In the event of a loss, theft and/or physical damage to your products, you will be fully compensated.
2. Your precious metals will be allocated to your account and physically segregated from precious metals owned by Sprott Money and its clients.
3. Our storage facilities are located in some of the safest and most politically stable countries in the world.
4. We store with Brinks, IDS and a location in the Grand Cayman - all private and non-bank storage facilities that are renowned for their integrity, security and efficiency. Your precious metals will be safe under their world-class protection technology and infrastructure.