This service type offered by VABank, rightfully referred to as the "golden package", represents a fundamentally new mechanism to secure funds from inflation within the domestic banking system.
VABank offers the following types of transactions with banking and precious metals:
Purchase/Sale of Banking Metals
For banks
1 g to 1,000 g measured bars available from VABank could be further resold through other banks' cash offices or used in other transactions. Bars are perfect as gifts, awards, etc.
For legal entities
VABank offers banking metals (gold, platinum, palladium and silver) as a new investment instrument negotiable on financial market of Ukraine that provides a good opportunity to secure cash against inflation and, furthermore, get a return in "hard" currency.
Opening and Servicing Current Accounts in Banking Metals
VABank offers opening current accounts in banking metals with a full range of service for crediting, storage and withdrawal transactions.
Opening Deposit Metal Accounts
VABank offers an opportunity to place banking metals on deposit accounts. In addition to returns in case of inflation and possible growth of metals market quotations, any client who places metals in deposit is warranted a¨Tsecure fixed annual interest return, inflation-proof and accrued in the same banking metal.
Lending in banking metals is available for manufacturers using these metals in their processes, such as jewellery productions or enterprises practising other uses of banking metals.
Exchange of Bank Ingots (Standard into Measured, Measured into Standard, Measured into Measured of Different Denominations)
The bank offers exchange of bank ingots, both standard and measured, within the weights range of 1¨Tto 1,000 grams.
Services are available at:
5 Zoolohichna Street, Kyiv, Ukraine
21 Dehtiarivska Street, Kyiv, Ukraine
All affiliates
For additional information:
Telephone: (380 44) 490 06 88, (380 44) 490 06 68
E-mail:
Address: 5 Zoolohichna Street, Kyiv 04119, Ukraine