Weight Account

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Frequently Asked Questions

How does a weight account work at Tov Hazel?
This functions as a “normal” current account, but in terms of precious metal weights.

For example, you can hand in a number of bars at Tov Hazel and sell them at a later time. You will then receive a weight account for the submitted number of bars, represented by an X number of grams.

Can I open a weight account as a private individual?
For the time being this is only a possibility for business clients.
What does it cost to maintain a weight account?
There are no costs attached to this.
Can I deposit to or withdraw from my weight account?
Yes, that is possible.
Can I transfer to another weight account?
Yes, that is possible. There is a fee of € 40, – per transfer.