Yes. This means that the Customers' gold is not owned by Voima but rather by the Customers themselves.
This is crucially different from how modern banking is done: If you open an account at a bank, you agree to lend your money to them. So while you can use the money, it is nonetheless the bank's property and is thus listed on their balance sheet.
Liquidity describes how easily you can convert something into money.Read full answer
No. Voima does not give investment advice to anyone, and hence no personal recommendations can be offered.Open on new page
The Good Delivery specification is a set of rules issued by the London Bullion Market Association (LBMA) describing the fine ounce weight, purity and the physical appearance of gold and silver bars. If a refinery has been accredited by the LBMA, it must produce bars according to the Good Delivery specifications.
Voima's Customers can withdraw Good Delivery gold bars: these bars weigh approximately 12.4 kg, and the withdrawal price can be checked from Voima's pricing page.Open on new page
It means that you are the legal owner of the gold you have acquired through Voima's service and that the gold is not on Voima's balance sheet.Read full answer
For reasons of security, convenience and liquidity.Read full answer
No. Voima requires that each Customer is identified in order to ensure the provision of safe services and to comply with AML/CFT legislation.Open on new page
Voima's gold supply is divided into two categories:
For the time being, this item is only available in Finnish.Open on new page
No. In Voima's business, the gold is counted in milligrams (1/1000), which means that you can save in gold with smaller amounts. Thus, you can acquire such amounts that suit you specifically.Open on new page
The content is not available in the selected language.