Gold
Offer a wide range of gold investment services
Ways to Apply
Visit any of our branches
OCBC Bank offers you a wide range of gold investment services, including Buy and Sell Gold Bars & Gold Coins, Gold Passbook and Overdraft Facility. To facilitate you getting fruitful returns, we also provide a convenient and flexible way for you to buy / sell gold or make prices enquiry through different channels, for example our branch network, Internet, mobile handset and phone.
You can buy / sell from our various choices of gold products according to your own favor and needs.
| Physical Type | Fineness | Issuer |
|---|---|---|
| 5-Tael Gold Bars | 990 | Members of The Hong Kong Gold and Silver Exchange |
| 5-Tael 9999 Gold Bar | 9999 | Members of The Hong Kong Gold and Silver Exchange |
| Excel 5-Tael 9999 Gold Bar | 9999 | The Hong Kong Gold and Silver Exchange |
| Excel 1-Tael 9999 Gold Ingot | 9999 | The Hong Kong Gold and Silver Exchange |
| Kilo Bars (For Bank sell only) | 999.9 | International and local famous gold traders |
| Fine Gold Coins (Canadian Gold Maple Leaf) | 999.9 | Official organizations of the related governments |
4 types of account for you to choose. The minimum transaction quantity can be as low as 0.1 tael or 0.1oz. You can convert to cash at our buying price for any amount. Transaction date, amount and rate will be recorded in passbook for every transaction that you can review all transactions details at a glance. Gold investment becomes more flexible.
| Account Type | Minimum Transaction Unit |
|---|---|
| 99 Fine Gold Passbook | 0.1 tael |
| 9999 Fine Gold Passbook | 0.1 tael |
| Gold Maple Leaf Passbook | 0.1 oz. |
| Ounce Gold Passbook (9999 Gold) | 0.1 oz. |
Besides dealing through our branch network, you can get up to date gold prices and make transactions through our eBanking system by using Internet, mobile handset or phone from time to time. From now on, you are not required to look outside but catch the market trend easily.
We also offer you facility against up to 70% of gold bullion or coins deposited with us. Interest rate can be as low as our Prime Lending Rate
+ 1% p.a..
| Service Items | Charges |
|---|---|
| Buy and Sell Rates | Spread range will be 0.5%-1% based on the fluctuation of the market price |
Note: The Bank reserves its right to change fees, charges and interest rate upon the giving of not less than 1 month's notice.
Whatever you have earned your first pail of gold, we are ready to assist you to achieve your greater success.
OCBC Bank ("the Bank") has taken reasonable measures to ensure that the all statements of fact and expressions of opinion stated contained herein are accurate and that no material facts have been omitted.
The Bank shall not be liable for any failure or delay in performing any transaction as a result of the occurrence of an event beyond the control of the Bank including but not limited to natural disaster, riots, embargoes, strikes, wars, government intervention, closure of market, technical failure of any equipment.
All transactions are dealt directly between the Bank and customers.
All legal proceedings arising from Gold Passbook Account / physical gold trading services shall be submitted to the non-exclusive jurisdiction of the courts of the Hong Kong Special Administrative Region.
All Gold Passbook Account is not a form of bank deposit investment and does not provide any interest.
Unit purchase / sale prices in terms of Hong Kong Dollar quoted by the Bank take into account the prevailing world market price of gold, the exchange rate between the United States Dollar and Hong Kong Dollar and the gold fineness of the troy and tael.
Under normal circumstances, there would be within the same day with little or no time gap between execution of a sales transaction and settlement of the proceeds.
The Bank shall be entitled to terminate or to close Gold Passbook Account immediately without prior notice to the customer under any of the following circumstances: there is any changes of law which prohibits or renders illegal the maintenance or operation of Gold Passbook Account and / or the terms and conditions governing the Gold Passbook Account or any part of the Gold Passbook Account and / or the terms and conditions governing the Gold Passbook Account; the customer shall commit any breach of or omit to observe any obligations under the terms and conditions governing the Gold Passbook Account which in the opinion of the Bank, amounts to a material default on the part of the customer; or books and records of the Bank show a zero balance on any Gold Passbook Account for a period of six continuous months (or for such shorter period as the Bank shall prescribe).
Investors should note that gold market might fluctuate from time to time. The risk of loss in gold investment can be incurred by fluctuation of gold prices. Investors should consider seriously and recognize the risk of gold investment before making any investment decision.
