Why does Veracash charge storage fees?

The precious metal holdings in your Veracash account are backed by physical assets stored in secure vaults at the Geneva Free Ports.

Storing these assets involves real costs, particularly for vault security, precious metals insurance and the associated logistics. These costs have increased in recent years, while Veracash has until now covered them without charging a separate monthly fee.

The introduction of storage fees helps fund the long-term safekeeping of these assets while maintaining appropriate security standards.

From 1 January 2027, subject to confirmation of this date, these fees will be deducted monthly, directly from your precious metal holdings.