Changes in over-the-counter-transactions
The most important change in th upcoming money-laundering act for the precious metal sector is the reduction of the anonymity limit for so-called "high-quality goods" from € 15,000 to € 10,000.
An anonymous cash transaction still remains possible, only the top limit will be adjusted. Up to € 9,999 you can purchase your precious metals anonymously in our branches.
The amendment of the law takes place in the course of the renewal of the German money laundering legislation and serves to "prevent the use of the financial system for the purpose of money laundering and terrorist financing". At the Federal Council meeting of 17 May, the law was agreed on and will be valid from 26 June 2017 onwards.
Whoever wants to buy precious metals according to the expiring regulations, can use our sales points:
The square-shaped 1 oz gold bar of Geiger Edelmetalle is a valuable addition of a classic investment portfolio. The raw materials used for the production of these bars are all obtained of distributors which are certified and accredited by the standards of the London Bullion Market Association (LBMA) for Good Delivery. We guarantee best manufacturing quality. We work with modern machining facilities; they enable an effective production...
Content: 31.1 gram (€44.50 * / 1 gram)
The 1 oz Noah's Ark silver bullion coin is issued by the Central Bank of Armenia. The bullion coin consists of finest silver (999/1000) and is legal tender in the Republic of Armenia. Every year of issue has the same motif, like the Vienna Philharmonic coin or the Maple Leaf. The obverse of the coin shows the Armenian coat of arms and the lettering "Republic of Armenia" in English and Armenian. Below this, you can see...
Content: 31.1 gram (€0.55 * / 1 gram)