The Silver Bullion Referral Program
Why we cannot offer substantial referral fees
The Silver Bullion approach is to offer our clients:
- Superior Wealth Protection Solutions
- Transparent and Competitive Pricing
- Client metal ownership that prevents encumbrance by us*
Because investment precious metals markets are very competitive, the margins, when transparently offered to clients, are too small for Silver Bullion to pay substantial referral fees compared to other asset classes, including most financial products.
For example, a kilo gold bar tends to have a premium / margin of less than 0.5% which must cover casting, logistics, insurance, security charges, leaving very small commissions for possible referrers.
Furthermore, because client bullion is always legally owned by clients and not on our balance sheet, this bullion cannot be encumbered by us (e.g. leased out, used as collateral for loan to us or utilized as inventory) which is an otherwise common practice in the industry.
We are aware that some companies in the industry are able to offer high referral fees (up to 1%) but such solutions tend to selectively charge clients 4 to 6 times higher sales or storage fees or have other monetisation mechanism to enable such referral fees. Such an approach is not compatible with our company ethos.
What we can offer:
We have had long-standing and successful collaborations with select organisations who offer their members, better storage and purchasing terms when their members pay subscription charges.
If you are interested in exploring such collaborations and have a proven track record, please contact us at [email protected]
* Their ownership enables clients themselves to encumber (as loan collateral) their precious metals to obtain low interest loans. See P2P Loan Program.