Buying silver without VAT
It is possible to buy VAT-free silver at The Silver Mountain in the form of silver bars. These silver bars - sourced from LBMA approved producers - are stored in a secure customs warehouse in Zurich, Switzerland.
Offer VAT-free silver
Our offer to buy VAT-free silver consists of the following silver:
Size | Purchase premium |
1 kilogram | EUR 45,- per piece |
100 troy ounce | EUR 0,95 per troy ounce |
1.000 troy ounce | 2% of the silver value |
You can only buy VAT-free silver in combination with storage in Switzerland. Your silver bars will be stored allocated (by name) by our partner Edelmetaal Beheer Nederland (EBN). Edelmetaal Beheer Nederland is a provider of precious metal storage and has vault locations in the Netherlands and a customs depot in Zurich, Switzerland. EBN is registered with the Financial Markets Authority (AFM) as a provider of investment properties. The Silver Mountain is an affiliated broker of EBN and has been appointed as the exclusive partner for the purchase and sale.
The storage facilities in Zurich are located in the customs depot of LOOMIS International. This is one of the largest precious metal storage providers in Europe, where parties such as Credit Suisse also hold their stock. You are assured of safe, secure and strictly allocated storage here.
Storage costs for VAT-free silver
When buying VAT-free silver, you pay the current prices, as shown above for each silver bar size. In addition, The Silver Mountain does not charge transport or other costs. You will periodically receive an invoice from Edelmetaal Beheer Nederland for the storage of the silver bars. Storage costs are charged quarterly, based on the current silver value.
Storage costs for VAT-free silver bars | Storage fee |
Storage and insurance costs in Zurich | 0,90% |
We do not charge storage fees, administration fees, or any other fees.
We charge the most competitive storage rate in the Netherlands.
Buy-back guarantee for VAT-free silver
Through our purchasing website, www.inkoopedelmetaal.nl, you can sell back your silver at any time. We operate a buy-back guarantee for all sizes of silver bars stored in the customs warehouse of Edelmetaal Beheer Nederland.
Buy-back guarantee | Bid guarantee |
1 kilogram | 98% |
100 troy ounce | 98% |
1.000 troy ounce | 98% |
Storage at Edelmetaal Beheer Nederland (EBN)
For more information about our partner, Edelmetaal Beheer Nederland, please visit the Edelmetaal Beheer Nederland website. EBN has been set up in partnership with The Silver Mountain to provide customers of The Silver Mountain with secure storage facilities. You can easily buy and sell bullion online using EBN's secure storage facilities.
This involves the use of state-of-the-art facilities, an all-risk insurance policy with reputable insurers including Lloyd's, 100% allocation principle and also includes our buy-back guarantee. EBN is licensed by the AFM to offer precious metal and its storage as an investment object.
