How the Pay Plan Works
1. Own or Purchase Gold
You own (or purchase) Canadian or American 1 oz or 1/10 oz sovereign coins. Other gold is considered case-by-case.
2. Apply
Complete the application or schedule a Zoom consultation. All agreements are personally reviewed by financial professionals.
3. Ship Insured
We provide shipping labels. Gold is sent via insured courier (1% of value + $59 transport fee) to our vault address.
4. Authenticate & Trigger
Once received and authenticated in the RBC bank vault, the Pay Plan is triggered and funds are sent via EFT.
5. Make Fixed Payments
You make regular fixed monthly payments over the agreed term (1, 2, or 5 years) to buy back your gold.
6. Gold Returned
Upon full repayment, your gold is returned to you. Statistically, gold has appreciated during the term.
Default
Written notice after the first missed payment. After 60 days, gold may be liquidated to repay the lender.