UPDATES TO GST EXEMPTION LIST
With effect from 01 Sep 2016, there are new qualiying coins that are exempted from GST and revisions to the 'Spot Price Criterion' for Bars
Please click here for the official announcement.
NEW CASH TRANSACTIONS REQUIREMENT
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.
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 500 ounces of silver bullion or 10 ounces of gold bullion or 10 ounces of platinum bullion, please drop us a line or visit us at our office and we will be more than happy to serve you.