Terms and Conditions

Direct Storage Agreement

Here you can find the full direct storage agreement with us: Download agreement >>

SCHEDULES OF CHARGES

Storage Fees
Gemstones, inclusive of liability coverage
(Calculated based on invoice value / certificate value) 1% per year

Minimum Storage Fee
p. a. SGD 75.00

Parcel Audit
First 02 hours: SGD 600.00
Subsequent hour or fraction thereafter: SGD 300.00

Others
Packing charges (into Parcels and RFID Tag) SGD 3.00 per bag
Parcel withdrawal (per withdrawal) SGD 120.00
Domestic Insured delivery after withdrawal (per trip up to 500kg): SGD 450.00
International Insured delivery after withdrawal (per trip up to 500kg): on request
Extra gemstone photograph taking SGD 5.00 per photo

Late payment penalty (as a percentage of the amount due) 1.00%**
Unless otherwise agreed in writing, services under this Agreement are billed yearly and prepaid after
15 days from the invoice date.

*Unless otherwise stated, all charges are quoted exclusive of GST. Prevailing GST will be added upon invoicing.
** Late payment will be charged for every week

Ready to safeguard your wealth with untreated colored gemstones and store them tax-free as a asset owner in Singapore?

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