1. Physical precious metal consignment means that after China Bank signs an agreement with the physical precious metal cooperative manufacturer, the precious metal manufacturer supplies the goods to China Bank first, and retains the ownership of the goods. The bank sells the products with reference to the suggested retail price of the precious metal manufacturer, and regularly settles the sold products with the precious metal manufacturer according to the supply price agreed in the agreement. At the end of the sales period, unsold products will be returned to precious metal manufacturers.

2. Consigned physical precious metal products refer to pure gold and pure silver products. The main products include but are not limited to gold and silver bars, gold and silver cards, gold and silver coins, gold and silver plates, gold and silver tiles, gold and silver collars, gold and silver ornaments and so on. In principle, the product materials are mainly pure gold and pure silver, and the purity access standards for offline physical precious metal products are: in principle, the purity of gold products is Au990 and above (the national regulations shall prevail unless otherwise stipulated by the state), and the purity of silver products is Ag925 and above (except gold and silver commemorative coins issued abroad); The on-line quality access standards for physical precious metal products are: gold products Au750 and above, and silver products Ag925 and above (except ancient silver coins and gold and silver commemorative coins issued abroad). All products are poor in gold and silver content (except products with clear national standards).

The above contents are for your reference. Please refer to the actual business regulations.

If you have any questions, please contact online customer service of Bank of China.

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