What is the initial refundable deposit and when do you pay it

Upon proper termination of savings, we will return the deposit in full.

The maximum amount is 5% of the target savings amount.

3 options for paying the initial deposit according to your choice.

What is the entry refundable security deposit?

At the start of saving, it's necessary to make a payment of the Entry Refundable Security Deposit (ERSD). This is an insurance payment whose purpose is to ensure the fulfillment of contractual conditions on the client's side. If the prescribed conditions are met, the ERSD is returned in full to the client at the end of the savings.

The ERSD can be paid all at once (100:0 deposit payment method) or can be divided into several payments. In the 50:50 option, half of the received payments go towards the deposit, and the other half is used to buy gold. As soon as the ERSD is paid off in this manner, all funds are then used for gold savings. The 80:20 option allows you to pay off the ERSD with 80% of the amount, and 20% is used to buy metal, again until the ERSD is paid off. You choose the specific ERSD payment option at the beginning of the savings.

The ERSD will be returned to you at the end of the savings upon fulfilling the predetermined conditions, i.e., after properly completing your savings plan (and achieving the target volume of gold) and then requesting a buy-back of all the saved metal (according to Art. 10 of the contract). The right to the return of the ERSD is conditional upon keeping the saved metal in a secure deposit provided by the provider. Storage is free for the entire duration of the savings.

Start saving
with auringo in 3 steps

1. Account registration

2. Online contract signature

Choose the saving parameters
and send them.

3. Save in gold

After our confirmation,
you can start saving.

Read more on how to start

A golden future starting today.
With Auringo.

Start saving Frequently asked questions

The information on this website represents the subjective opinions of the company auringo s.r.o. and the authors who publish here. Auringo s.r.o. is not a registered investment advisor, broker, dealer, agent, or representative of any regulatory or similar authority. We do not offer any analysis or recommendations regarding the purchase of precious metals or the possibility of trading in financial markets in the short or long term. The company auringo s.r.o. and the authors who publish here are not responsible for what the reader does based on the opinions published in the articles or elsewhere on this website.

When purchasing precious metals, you are exposed to the risk of loss. Just like in other markets, the price of precious metals can be very volatile and may rise or fall depending on the state of global markets.