How a weight account works
A weight account works just like a bank account. You simply deposit and withdraw metals by weight. It is also possible to withdraw these in a different form than you deposited them.
Some time after depositing 100 grams of 24 carat gold, you might need some gold ring blanks. You can make a withdrawal from your 100 grams in the form of 14 carat gold ring blanks. You just have to pay for the manufacturing work to produce the 14 carat rings. The buying and selling price of the gold does not come in to consideration because you already own it. Useful, isn’t it?
Please contact us if you’d like more information about opening a weight account.