Goldmoney Inc. Unveils the New Goldmoney Holding

Goldmoney integrates Network and Wealth account features and functionality into one unified account offering

Goldmoney Inc. announced it will begin consolidating its Network and Wealth business divisions into a streamlined service and one unified account: the new Goldmoney Holding®, which incorporates the best features and functionality of current Network and Wealth accounts.

Effective today, all new Goldmoney accounts will be opened as Goldmoney Holdings (Individual, Corporate, Trust).

• Clients with existing Goldmoney Wealth Holdings will instantly experience the new branding and features available to them in their Dashboard.
• Network users who opened an account prior to June 20, 2017 will continue to have full access to their existing accounts, but are encouraged to apply for the new Goldmoney Holding. Once the new Holding is verified, users can transfer metal from any verified Network account into the new Holding free of charge from most Network vaults, resulting in a credit to the same vault in their Holding.
• An improved Referral Program is now available within the new Goldmoney Holding in lieu of the Golden Heart program, which has been discontinued.

“We’ve listened to feedback from our clients for the past two years and recognized that our clients seek more flexibility and choice; all of the innovation, automation, and accessibility of the Goldmoney Network (formerly BitGold) combined with access to multiple metals, multiple currencies, and the additional client services of Goldmoney Wealth,” said Josh Crumb, CFO of Goldmoney. “Therefore, we are upgrading our platform to provide additional functionality from one account that integrates the best features from each service, with a mission to make the new Goldmoney Holding the safest, most accessible and economic, and most powerful precious metals backed savings account in the world.”

“We’ve put a substantial amount of effort into the technical, legal, and regulatory work required to deliver this unique global offering to clients. With a more robust and streamlined service comes clearer growth objectives and refined messaging that we will begin to incorporate into a renewed online and offline client acquisition campaign,” said Roy Sebag, CEO of Goldmoney. “Additionally, we are now communicating a more succinct message to our shareowners, with a unique focus on Return on Metal Weight (ROMW). With a strong balance sheet and no debt, we are well positioned to execute on our vision for growth while balancing the most important pillar of all: our assurances of integrity and safety to our global clients who entrust us with nearly $2 billion of precious metal savings.”

The New Goldmoney Holding®

• Buy and sell 100% reserved and allocated gold, silver, platinum, and palladium at 0.5%.
• Direct metal-to-metal exchanges between all precious metals at 0.75%.
• Insured custody and secure storage at 13 vaults located in six countries that are operated by leading vault providers: Brink’s, G4S, Loomis International, Malca-Amit, Rhenus Logistics, and the Royal Canadian Mint.
• Hold in reserve or exchange up to nine currencies without paying foreign exchange fees (USD, GBP, EUR, CAD, CHF, JPY, NZD, HKD, AUD).*
• Multiple funding and redemption options (bank transfer, debit and credit cards, AliPay, etc.) including physical redemption (bars, GoldCubes, and coins) at vaults or direct-to-consumer delivery via SchiffGold (coming soon).*
• Send and receive free precious metal and currency payments to and from Goldmoney Holding owners globally (gold, silver, platinum, palladium, and all nine available currencies).*
• Goldmoney Mastercard® Prepaid cards in plastic, silver, and 18K gold (available in CHF, EUR, GBP & USD).*
• Earn precious metals and send free metal payments with Goldmoney business tools (payroll & invoicing).*
• New monthly storage credit program rewards active precious metal buyers and sellers.
• Earn precious metal commissions with the Goldmoney Referral Program.*
• Mobile Holding access via the Goldmoney App for iOS and Android.
• Access to wealth services, pension plans, exclusive research, and events.
• Access to the complimentary Goldmoney Concierge service.*
• Dedicated personal Relationship Manager support via phone, email, live chat, and secure message.

“Taking advantage of this new era of financial technology and payment innovation, we proudly unveil the new Goldmoney Holding. With new payment tools, deposit and redemption automation from our mobile app, and multiple currency and metal offerings, the Goldmoney Holding becomes an unrivaled global savings and payments platform,” said Darrell MacMullin, COO and head of payments & technology. “Over the next few months, we will transition and upgrade Goldmoney Network users to the new platform, while continuing to build more tools and business-focused features to achieve our long-term vision of physical gold and precious metal interoperability with global money and payment systems.”

Goldmoney Holdings do not require minimum balances. Basic Holdings have a maximum funding value of $150,000 USD or equivalent. Full Holdings are unlimited. To apply for a free Goldmoney Holding, visit goldmoney.com.