Allocated Account

Introduction

An Allocated Metal Account involves the secure storage of specific numbered gold bars or coins, set aside either in our vaults or the vaults of other members of the London Bullion Market and held as the property of and in the name of the account holder.

Allocated bars may be withdrawn from storage for collection at Baird's premises subject to 48 hours prior notice. Allocated gold is fully covered by our insurance policy with Lloyds.

Requirements

Opening an allocated account is subject to the satisfactory completion of the necessary due diligence. To satisfy these requirements, we need to have evidence of identity in the form of a certified copy of your passport, driving licence or birth certificate, (or sight of the originals at our office). We also require two items as proof of address such as a recent bank statement, stockbroker or credit card statement, utility bills or Inland Revenue statement or Council Tax bill.

The minimum account balance is GBP5000.00

Fees

The storage charge on allocated holdings is GBP25 per kilo p.a (minimum charge GBP100 p.a) for kilobars or 100 gram bars, payable per quarter in advance and GBP300.00 per bar p.a for "large" bars (approx 12.5 kilos). Storage charges are subject to VAT.

Contact Us

Call us on 0208 555 5217 for more information and an application form.