SINGAPORE INTERNATIONAL COIN FAIR 2015 (27TH TO 29TH MARCH 2015)
Dear Valued Customers, being that our entire team will be at the coin fair, there will be no collections for orders at our office during the fair period this week (Friday to Sunday, 27 Mar 15 to 29 Mar 15).
NEW CASH TRANSACTIONS REQUIREMENT
Dear Clients, please be informed that there is a new requirement regarding cash transactions by the Singapore Government with effect from 15th October 2014.
Under the amended Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act, the Precious Stones and Metals Dealers (PSMDs) are required to submit a Cash Transaction Report (CTR) to the Suspicious Transaction Reporting Office (STRO) when conducting any cash transaction with a value, or any 2 or more related cash transactions in a single day with a total value, that exceeds SGD 20,000 (or its equivalent in foreign currency), with a customer for the sale of any precious stone, precious metal or precious product. This requirement is part of Singapore's overall effort to combat money laundering and terrorism financing.
Please click here to access the Brochure for PSMDs.
REVISED UOB INSTALMENT RATES
Effective 1 October 2013, UOB Instalment plan* will be revised accordingly:
6 - Month - 2.3%
12 - Month - 3.3%
24 - Month - 4.3%
* Terms and conditions apply
Monday - Friday, 10am to 5.45pm
Saturday, 10am - 12.45pm
Dear valued customers, if you wish to purchase more than 600 ounces of silver bullion or 16 ounces of gold bullion, please drop us a line or visit us at our office and we will be more than happy to serve you.