Legal Notice · Metals Bank · MyGOLD SpA

Important information about the precious metals deposit plan

Metals Bank · MyGOLD SpA · Bank of Italy OPO Authorization no. 5008800
Important Information

The precious metals deposit plan is managed by MyGOLD SpA, Metals Bank, an authorized intermediary that provides its services through the THE REAL MONEY platform.

MyGOLD SpA · Identification details

Legal name MyGOLD SpA — Metals Bank (Banco Metalli)
Registered office Piazzale Cadorna 9, 20123 Milan, Italy
OPO license Bank of Italy no. 5008800
OAM register OPO18 license — Authority delegated to issue licenses for professional precious metals operators

Gold custody · LBMA vaults

As a metals bank, MyGOLD SpA reserves the right to select deposit vaults at LBMA refineries in order to guarantee the highest possible security for the gold on deposit. This ensures that the physical gold held in custody meets international purity and traceability standards at all times.

Identity verification · KYC

MyGOLD SpA is subject to verification of identity and source of funds for customers wishing to begin the process of opening a precious metals deposit account, in compliance with the AML regulations in force.

Institutional and authorized clients

As a metals bank, MyGOLD SpA provides services directly to financial institutions and authorized intermediaries and to sales organizations authorized internationally and in the countries where MyGOLD SpA has an interest in operating.

Pricing policy

For each purchase of LBMA physical gold requested by customers, MyGOLD SpA applies a price that it sets itself for the public, which will be higher than the London Fixing. The price displayed by MyGOLD SpA is deemed to be the public sale price of the metal, set by the Metals Bank, and may be changed at its sole discretion at any time.

Notice regarding the price The price set by MyGOLD SpA as Metals Bank is higher than the London Fixing benchmark price. That price may be changed at the discretion of MyGOLD SpA at any time without prior notice.
By making payment for the purchase of gold from MyGOLD SpA, you confirm that you are aware that the price set by the Metals Bank is in accordance with the agreements between you and that Bank, which releases it from any liability or request to review the price offered by MyGOLD SpA after the purchase.