As we all know, ICBC is a large state-owned bank managed by the central government of China, and we can trade precious metals in ICBC. However, many people are not sure whether there is a handling fee for precious metals trading in ICBC. How much is the handling fee? What is the charging standard? Look at this place, and you should be able to understand.

Is there a handling fee for precious metals trading in ICBC?

If 1 is precious metal in RMB account, that is, precious metal wealth management products belonging to banks, there is no handling fee for purchasing precious metals in ICBC account. But it needs to charge a difference fee, which is actually similar to the handling fee. The specific charging standard is: 0.8 yuan/gram of bilateral spread of gold; The bilateral spread of silver is 0.04 yuan/gram; Platinum/palladium bilateral spread 2.4 yuan/gram.

If it is physical gold, there is a certain handling fee for trading precious metals in ICBC, which is the transaction cost. The handling fee is 0.2 1% of the gold transaction amount, of which Shanghai Gold Exchange charges 0.06% of the management fee and Industrial and Commercial Bank of China charges 0. 15% of the agency fee. The gold card account opening fee is 60 yuan RMB, which will be charged when customers purchase it. The standard is RMB 2 yuan/kg, and if it is less than 1 kg, it shall be calculated as 1 kg.

Last but not least, precious metals investment is different from other wealth management products of banks, and its investment products are risky. Therefore, when carrying out precious metals investment, we should know the relevant varieties in advance to avoid the loss of principal.