The (cash) purchase of gold and foreign currencies (so-called over-the-counter transaction) is possible at Reisebank in any magnitude. Please note that we are obligated to comply with legal regulations:

For cash payments exceeding 2,500 euros, you are required to provide proof of origin for the money (e.g., bank statement with evidence of a recent withdrawal, corresponding receipt). In some cases, proof of origin may also be required for smaller amounts.

Yes, in our branches, we offer you the option to transfer amounts starting from €1,000 in advance. Please contact your desired branch for further information on this.

"Oz" means ounce. 1 ounce corresponds to a weight of 31.1 grams.

Kinebars are precious metal bars that include a "Kinegram" as a security feature. A Kinegram is defined as a seal-like image that possesses a hologram-like optical effect.

No, you typically do not receive a certificate of authenticity with the precious metal. Exceptions are the Kinebars, which come with a certificate. In general, all gold bars and gold coins available through Reisebank undergo a multi-stage inspection process before being offered for sale. Security and trust, alongside the intrinsic value of the pieces, are the most important factors that investors should rely on when purchasing gold.

The purchase of gold for investment purposes is exempt from VAT.

Private capital gains from other assets (including precious metals) are tax-free in accordance with ESTG § 23 (1) 2. after a holding period of one year. The investor is responsible for declaring taxable gains in the income tax return.

The main advantage of the bar is the ability to divide it into several pieces, each weighing one gram, if needed. This is made possible by predetermined breaking points. The bar sections of the slab bars available at Reisebank (20 grams / 50 grams / 100 grams) each have a weight of 1 gram. They can be easily and without material loss broken out of the overall structure when needed, thanks to precise breaking points. While the slab bar costs slightly more in purchase than a non-divisible bar, it is more cost-effective compared to the same quantity of individual 1-gram bars. Reisebank handles the redemption of partially used slab bars or individual pieces based on the price for 1-gram bars.

Yes, because the prices of precious metals are determined by supply and demand. Since precious metals are traded internationally against the US dollar, customers from the Eurozone need to consider not only the metal's quotation but also the EUR to USD exchange rate. Both factors combined can contribute to the volatility of the precious metal price.

Please handle coins and bars with care. They should be protected from contamination and scratches by using gloves and coin pouches. To preserve their value, avoid making engravings or any alterations

The most cost-effective purchase price per gram of precious metal is typically achieved when acquiring more valuable coins or bars, as manufacturing and distribution costs can be spread across a larger quantity of precious metal. The smaller the coin or bar, the greater the proportion of additional costs, making the price per gram of precious metal more expensive.

Yes, regardless of their state of preservation (1st or 2nd choice), Reisebank buys gold bars and coins at the 1st choice price.