The metal account is intended for the client to invest in gold. The Bank opens such account for the client to purchase/sell the gold metal in troy ounces.
To be registered with the mobile application and to produce a personal identification document.
The monetary gold with the XAU currency code.
XAU is a currency code designating the Gold.
The gold shall be purchased/sold solely in (integer) multiples of troy ounces through the current accounts in the national currency, KZT, subject to the specified limits.
No third parties’ claims are enforceable against the metal accounts.
The following limits are applicable to the purchase/sale of the gold:
- on weekdays (from 10.00 a.m. to 05.00 p.m.): up to 15,000,000 Tenge/day;
- on weekdays (from 05.00 p.m. to 10.00 a.m.): up to 1,000,000 Tenge/day;
- on weekends/holidays: up to 1,000,000 Tenge/day.
The gold shall be purchased/sold at the rates established by the Bank for the XAU currency.
You can view the rates through the mobile application – Currency Exchange Rates.
No, they are not.
Any metal account shall be closed solely at a branch of the Bank.
The number of metal accounts that can be opened is not limited.
It can be opened in XAU (monetary gold) only.
No physical gold can be withdrawn from the metal accounts.
1 troy ounce is equivalent to 31.1035 grams.
The Gold shall be purchased and sold solely using the current accounts in the national currency.
Only at the Bank’s branches.
There are no restrictions on the deposit period.
18 years old.