Gold Investment Account Uae

The gold investment account is the first of its kind in the region and facilitates retail banking customers to invest in gold savings without the additional risk and costs associated with storing and moving physical gold.

Gold investment account uae.

With highly secure systems that protect your data and finances you won t have to worry about anything when you bank with us. First of its kind in the uae this account is similar to any other foreign currency account designated with the currency code xau and denominated in troy ounces reflecting how gold is traded internationally. These days people prefer buying property and investing in bonds as a form of saving. Open your account now bank with emirates nbd and.

Open your gold investment account through our online registration form. Available in denominations of 100 grams 500 grams and 1kg. Stored by emirates islamic bank on your behalf so that you don t have to worry about storage and safety. Gold is thus a good investment.

Gold is another form of saving which has a good resale value. Since the gold is held electronically you won t be subject to the inherent hassles and risks of storing and moving physical gold. According to mahmoud qazi a 57 year old manager at a travel and tourism company based in dubai. We will send you a user name password to your email to access your gold account.

Credit proceeds from sale of gold into your rakbank account physical gold redemption will be allowed from select rakbank branch currently physical redemption requests through digital banking and branch request are restricted. In a jar or zero interest bank account. The gold market keeps fluctuating on a daily basis. With our extensive regional wealth management expertise mashreq gold offers you an exclusive selection of investment opportunities in the region and around the world.

It is a safe investment that helps in the long run. It can be sold at any time and get a good profit. Live prices linked to trading in international interbank markets. Joining mashreq gold entitles you to a wide range of benefits.

Our gold investment account is designed to provide you with utmost convenience and flexibility. Your dedicated relationship team will provide you with a faster. Issued in lieu of physical gold bars with specific gold bar numbers. These accounts do not come with any debit cards to discourage withdrawals.

Dubai is the land of the precious metal gold.