BuySilverMalaysia Storage Program (BSP)

A SAFE HAVEN IN STORMY TIMES

BuySilverMalaysia Storage Program (BSP) lets you purchase Silver and Gold from us and have them stored on a segregated and allocated basis in our secure storage facilities. You have the option to sell off or withdraw your holdings at any time. The program offers the following specific advantages:

  • Storage in non-bank regulated, top-tier secure storage facilities.
  • Low storage fee, pay for what you store only.
  • Option to liquidate your Silver & Gold at preferred rate.
  • Detailed online statements, including photos and weight.
  • Full insurance coverage at no additional cost.
  • Peace of mind from dealing with BuySilverMalaysia, a company trusted by thousands of Gold and Silver buyers.
  • Allocated storage: Photo as proof of Storage.
  • Never have to worry on the shipping and receiving arrangement of your investments.
"Protected, Allocated and Easy to Use"

Seamlessly Integrated and Transparent


^ Upon signing up with BSP, your parcel will be directly allocated to your BSM's user account. You will be able to view your parcel when you login to your BSM account.


^ Each parcel have unique identification and details are stated out clearly in your BSP account. You have the option to print out a downloadable hardcopy for your personal reference and safe keeping.


^ Example of a PDF downloadable Customer Storage Summary which includes important details such as duration of storage, ownership and nominee with photo identifications of your storage items.


^ Parcel identification includes barcode and matching serial number of your gold or silver bar. This further strengthen the transparency of BSP's storage service.

 

Price Structure


Storage fees are applicable on the following basis:


BSM Storage Program Fee Structure

Item 100 days 1 Year 3 Years
Gold
(price per gram)
RM 0.49 RM 1.04 RM 2.29
Average RM 0.147 / mth Average RM 0.085 / mth Average RM 0.063 / mth
Silver
(price per oz)
RM 0.48 RM 0.88 RM 2.11
Average RM 0.144 / mth Average RM 0.070 / mth Average RM 0.058 / mth
Or Minimum Fee RM 53.00
^ All price shown above Incl 6% GST
  • An administration fee of RM21.20 (Incl 6% GST) will be charged for the first storage program with BSM (One time fee). Subsequent storage program will not be charged this administration fee.
  • You can request to view the item free of charge for the first time, within 30 days. Subsequent viewing will be charged RM53 (Incl 6% GST).
  • There is a minimum storage fee is RM53 (Incl 6% GST). This means that by the above calculation, if the storage fee amounts to less than RM53 (Incl 6% GST) from the specified storage period, you will be charged RM53 (Incl 6% GST) in that period.

  • Example BSM Storage Program Fee Calculation

    Item Weight Duration Storage Fee Total Price
    2 piece of
    PAMP Suisse 100g Gold Bar
    200 gram 100 Days RM 0.49 / gram RM 98.00
    1 piece of
    PAMP Suisse Silver Kilo Bar
    1 kg (32 oz) 1 Year RM 0.88 / oz RM 28.16
    (Min charge: RM53.00)
    5 pieces of
    Scottsdale Silver 10oz Stacker
    50 oz 3 Years RM 2.11 / oz RM 105.50
    ^ All price shown above Incl 6% GST
 

Opening BuySilverMalaysia Storage Program (BSP) Account

  • To start storing your Silver and Gold with BuySilverMalaysia Storage Program (BSP) account, call +603-8080 9388 or email us at admin@buysilvermalaysia.com to ask about the BuySilverMalaysia Storage Program (BSP).
  • Attach a photocopy of Malaysian IC (MyKad) or Passport - Front & Back for identification purposes.
  • There are no minimum purchases required to join BSP, customer can begin even with 1 oz but the minimum fee applies.
 

Storage Policy

Know more about storage policy. Please click here.

 


Storage Prefered Rate

We buy back silver and gold bullion at prefered rate for storage. Please click here for rates.

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