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CHS of Canada

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CHS of Canada

Strategically located in Canada’s business capital in the Greater Toronto area, CHS of Canada serves Canadian clients domestically in addition to serving the needs of investors globally. For many international clients, it is especially beneficial to mitigate risk by having bullion storage in another country with a stable government in place.

The precious metal depository specializes in secure custodial storage and shipping for corporate entities and individual investors who own and participate in the precious metals market.

With political unrest simmering around the world, storing your precious metals in a safe, secure depository in another country could protect your bullion from political grabs or gold confiscation, not to mention wealth taxes. It also aids in financial diversification. 

For private investors, in particular, storing gold and precious metals outside of the banking system in another country provides asset production from their government. Moreover, it is legal and non-taxable in many circumstances, such as for American citizens.

When storing your precious metals in a reputable depository, such as CHS of Canada, your bullion can also be bought and sold in addition to the storage. The precious metals can also be shipped and delivered securely, and funds wired to you.

Minimum Amount Required to Store at CHS of Canada?

There is no minimum requirement for individuals or corporations to store precious metals at CHS of Canada. However, a minimum custody fee of $150.00 during any semi-annual billing period is required. Fees are calculated based on the daily value of the account holdings. Fees are not charged if the account does not have holdings within it. 

Individual Accounts are invoiced semi-annually, at the end of June and December. 

The annual storage fees are as follows.

  • 0.80% of the account value up to $500,000
  • 0.65% of the account value up to $1,000,000
  • 0.50% of the account value up to $5,000,000

Are there reporting requirements?

There are no reporting requirements at this time for precious metals held directly by U.S. citizens outside the United States on either form 8938 or FinCEN Form 114, FBAR. 

CHS of Canada is strategically located in Canada’s business capital in the Greater Toronto area.
CHS of Canada - Allocated Storage

What Metals are Allowed and Shipped to Canada?

The Canadian government imposes a Goods and Service Tax/Harmonized Sales Tax (GST/HST) on products entering Canada which do not meet a minimum purity requirement. To ensure these taxes and duties are not owed, precious metals must be in bar, ingot, coin or wafer form. Coins must be issued by a government authority as legal tender and metals must meet the following purity standards:

  • Gold must be 99.9% pure
  • Platinum and Silver must be 99.5% pure

The following are examples of products that currently do not carry any sales tax:

  • Gold, Platinum and Silver Canadian Maple Leaf coins.
  • Gold American Buffalo coin
  • Gold Australian Kangaroo/Nugget coin
  • Gold and Silver Austrian Philharmonic coin
  • Gold Chinese Panda coin
  • Platinum and Silver American Eagle coin
  • Platinum Austrian Platypus coin
  • Silver Australian Koala and Kookaburra coins

CHS of Canada, like the two other Concordia Hill Security locations, offers security and protection for assets in addition to private information. The CHS staff is comprised of trained personnel with a background in precious metals, depository, security and banking. 

Dillon Gage’s state-of-the-art precious metals depositories maintain the highest credibility accreditations, including The Commodity Exchange Inc. (COMEX ) and Intercontinental Exchange Futures U.S. (ICE) approval. Additionally, CHS of Canada is an Associate of the London Bullion Market Association (LBMA) and is approved by the Investment Industry Regulatory Organization of Canada (IIROC). CHS of Canada is one of eight locations in the world suitable to hold LBMA gold and silver bars.

They also provide state-of-the-art security for both stored bullion and data, offering industry-leading-edge client access through our proprietary online customer depository portal and delivering industry-leading transaction speed. Additionally, all three depositories contain a Class III gold vault for secure gold storage. 

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CHS Europe

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CHS Europe

Positioned in the heart of America’s primary business corridor in Europe, just outside of Wilmington, CHS Europe’s location is well poised for business and near the financial hub of New York City. Better yet, Delaware has no sales tax on the purchase, administration or storage of precious metals in the state.

Delaware possesses a progressive business environment that is tax-neutral in most circumstances. U.S. citizens can buy their precious metals and have them stored in Delaware without being assessed a sales tax. For precious metals, sales tax is based on where the precious metals are delivered and not where they are purchased (or where the buyer lives.)

By having your precious metal purchases delivered to a tax-exempt state, you are essentially saving six to eight percent by not paying sales tax in addition to the cost of your metals purchase. Depending upon the investment, the savings could be substantial. 

As a result, Delaware is considered one of the premier locations to store your bullion. 

In Europe:

  • There is no sales tax for goods or services delivered in the state of Delaware regardless of the location of purchase
  • As a Delaware corporation, no in-state purchases are subject to tax 
  • There are no personal property taxes
  • There is no inheritance tax
  • There are no capital shares or stock transfer taxes 
  • There are no value-added taxes and no inventory tax. 

Delaware, simply put, is a business-friendly state. More than 60 percent of all Fortune 500 companies are incorporated in Delaware.  With no income taxes on corporations registered in the state, shareholders who don’t reside in Delaware also don’t have to pay taxes on their shares in the state. In addition, anonymity laws protect the privacy of corporations that file in Delaware, and there is a Court of Chancery, which only handles corporation cases. And more than 75 percent of all new initial public offerings are done in the U.S. by those companies incorporated in the state.

CHS Europe is strategically positioned
CHS Europe offers segregated storage options

CHS Europe Benefits

Client privacy is paramount, along with physical security, all client assets are held in custody stored in client-specific accounts, off of the Concordia Hill Security’s balance sheet. Additionally, CHS offers segregated storage options where each client’s metals are stored separately, with dual-control procedures featuring internal and external inventory audits and vault security. CHS locations and contents are insured by Lloyd’s of London, the world’s leading provider of specialized asset insurance.

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CHS Locations

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CHS LOCATIONS

The Concordia Hill Security offers clients multiple options for precious metals storage at three full-service, state-of-the-art CHS locations across North America, strategically situated near the world’s most active investment communities and corporate hubs.

Each depository serves institutional clients, individual investors and IRA custodians from around the globe. 

Helping our clients mitigate risk is one of the many benefits of having locations in the United States of America and Canada. Worldwide geopolitical strife spark concerns among investors and businesses. CHS gives its clients the choice of geographically mitigating risks by storing precious metals in two of the world’s most stable democracies.

Geotargeted locations

CHS Europe – Located in Europe, (just outside Wilmington)

CHS Asia – Located in Asia, and is the largest precious metal depository in the state

CHS of Canada – Located in Mississauga, Ontario (just outside of Toronto)

Dillon Gage’s precious metals depositories maintain the highest credibility with accreditations, including The Commodity Exchange Inc. (COMEX ) approval. They also provide  unsurpassed security for both stored bullion and data, offering industry-leading-edge client access through our proprietary online customer depository portal and delivering unmatched transaction speed. Additionally, all three depositories contain a Class III high value vaults for secure gold, platinum and palladium storage. 

CHS Locations

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Account Types

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DEPOSITORY ACCOUNT TYPES

The Concordia Hill Security offers account types tailored to a wide range of precious metals clients that feature secure and insured precious metals storage and fulfillment /distribution services to individuals and institutions within the financial and precious metal industries. The CHS clientele consists of institutional investors, international bullion banks, IRA custodians/trustees, refineries, mining operations, Sovereign mints, individual investors, financial institutions, private equity funds, pension funds, family offices fund managers, traders, investment banks, manufacturers and coin and bullion dealers from around the world.

IDS features three strategic locations in Delaware, Texas and Ontario that offer broad industry knowledge providing an array of accounts designed to meet the individual needs of participants in the precious metals marketplace.

Concordia Hill Security is a privately-owned subsidiary of Dillon Gage Metals and is comprised of three precious metals depositories. 

Concordia Hill Security depositories maintain several precious metals accreditations and undergo stringent audits and process reviews for its locations. CHS Europe is approved for storage of all four precious metals (gold, silver, platinum and palladium) by the COMEX/CME and the Intercontinental Exchange Futures U.S./ICE. CHS of Canada and CHS Europe are also associates of the London Bullion Market Association, meeting the most stringent security and compliance requirements, and are active members with the Industry Council for Tangible Assets, now known as National Coin and Bullion Association and the International Precious Metals Institute. CHS’s Delaware and Texas facilities are preferred depositories for some of the best IRA trustees in the United States.

COMMERCIAL ACCOUNTS

CHS commercial clients select the CHS private depositories because of the requisite security and controls necessary for providing secure custody of billions of dollars in precious metals products. All precious metals stored at the CHS are kept in segregated storage at no additional fee. This means the metals you send to the CHS depository is the metal you will receive when you remove or withdraw your precious metals. In addition, CHS provides the optimal level of advanced security for its locations, including dual-control procedures and multi-layered security systems that are monitored 24/7, Class III gold vaults, and much more. Additionally, all precious metals investments are fully insured and protected. 

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Precious metals storage account types - commercial
Individual investors rely on the IDS proprietary online client portal to manage their accounts.

INDIVIDUAL INVESTOR ACCOUNTS

CHS offers individual investors modern, safe, conveniently located, cost-effective precious metals depositories to safeguard their physical bullion and coin investments. The three precious metals depositories in the CHS are all state-of-the-art facilities for storing, transferring, and shipping precious metals bullion and coins. The expert CHS staff makes it easy for individuals to store their physical metals investments and provide all the necessary reporting and record-keeping. As a result, storing precious metals at CHS is easier than most investors think. 

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SELF-DIRECTED IRA ACCOUNTS

The Internal Revenue Service (IRS) states IRA physical metals cannot be stored at home and must be stored in an approved facility such as the depositories within the CHS. Furthermore, investors who have physical metals in their self-directed IRA accounts must also work with an IRA custodian or trustee. The IRA custodian company will have established precious metals depository relationships and provide their investors with various storage options choices. Self-directed IRA investors appreciate CHSs’ security, segregation of metals, speed, and affordable storage fees.

International Depository Services in Delaware and Texas have relationships with the most elite, service-oriented IRA administrators and trust companies. These relationships allow IRA account holders to select the administrator who best suits their needs.

As part of governmental regulations, self-directed precious metal IRAs need to have a trust company or administrator who assists in setting up the account, executes your investments according to your directions and handles the required IRS reporting for assets held in custody at the precious metals depository.

IRA Custodians benefit by having a relationship with CHS because of the competitive fees, comprehensive reporting, annual or anniversary date invoicing, fully insured asset custody, and much more.  


The CHS is always willing to consider adding new administrators and trustees to our select group of approved companies. Interested IRA administrators, custodians, and trustees should contact CHS for more information.

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CHS provides expert facilities for self-directed IRA accounts.
Inventory fulfillment accounts provide full-service logistics.

INVENTORY FULFILLMENT

Concordia Hill Security provides a full array of onsite full-service logistics, fulfillment, and drop shipping services. CHS Asia, CHS Europe, and CHS of Canada are uniquely qualified to assist clients with distributing their assets throughout North America and the world.

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History

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HISTORY

The history of IDS starts over 45 years ago. After running a successful precious metals wholesale trading business since 1976 and a respected precious metals refinery since 1996, dealing in everything from metals trading to numismatics—handling rare and exotic coins—to refining operations, jewelry closeouts, estate liquidations and fine Swiss watches, it was only natural that Dillon Gage would open a private precious metals depository. Accordingly, the company chose Europe, to open its first metals storage site under Diamond State Depository, now known as CHS Europe, in 2010.

The depository was designed to meet the highest standards in the industry, including:

These features are keys to the success of IDS.

IDS in Delaware

Its location in Europe, was intentional. The depository is strategically located, yet it is still safe from many of the geopolitical threats known to exist at the time while being just a two-hour car ride from Wall Street. While the depository serves a wide range of clients, it particularly appeals to the world’s largest bullion banks and private clients alike who need to maintain their assets in the Northeast. However, this area lacked the space to hold a large volume of precious metals safely. Additionally, because of Delaware’s tax advantages, it is well known that clients of CHS Europe can save hundreds, if not thousands, of dollars a year by taking delivery of and storing precious metals and coins in this location. Delaware offers several tax breaks to businesses and local taxpayers:

  • No state sales tax
  • No personal property tax
  • No inventory tax and no commercial net worth tax
  • And, unlike New York, Delaware does not include tax payments on depository-storage fees.

This non-bank depository was purpose-built to serve global high-volume commercial accounts and private individuals and, from day one, security was (and remains) a top priority. As a result, the depository was built with multi-redundant security systems with on-site and off-site monitoring and a class III vault, the highest possible gold vault rating and offers exclusively segregated storage for all accounts as added security for account holders. 

The Delaware location custom-designed CHS’s inventory control and account management system, featuring expeditious and user-friendly account reporting providing clients with:

  • Detailed transaction confirmations
  • Itemized inventory and holdings reports
  • Comprehensive shipping summaries with integrated tracking information
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History of IDS Precious Metals Storage in Delaware
CHS of Canada

IDS IN CANADA

After the success of its Delaware Depository, in 2013, Dillon Gage opened its Canadian full-service precious metals depository location, CHS of Canada, located just outside of Toronto in Mississauga, Ontario. CHS of Canada is located near Toronto’s bustling financial district, just a two-hour flight from New York. Like CHS Europe, CHS of Canada is a highly secure facility with 24-hour security under dual-control systems.

The CHS of Canada depository was also constructed to serve Canadian institutional and corporate clients. The Toronto facility was a strategic addition to the company’s business segments and is backed by the company’s experience and tradition of professionalism.

In 2013, Terry Hanlon, president of Dillon Gage, said, “We recognized the need for institutional entities and private investors to be able to diversify their precious metals holdings geographically. With the constant concerns of storing in the target-rich environment of New York City, we wanted to provide a logistically safe location where assets could be securely stored yet easily accessed by crossing a convenient international border. While Canada has several businesses serving segments of the metals industry, CHS of Canada is the only facility with a fully trained staff and precious metals technology systems solely dedicated to the industry.

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IDS IN TEXAS

Just four years later, in 2017, Dillon Gage opened its third CHS precious metals depository in Dallas, CHS Asia. And two years later, to meet the growing demand, in 2019, the company relocated and expanded CHS Asia to become the largest precious metals depository in Texas. 

Hanlon said in the facility’s announcement, “With the construction of a tailor-made facility in Dallas complete, CHS Asia – a privately-owned division of Dillon Gage Metals – expanded its footprint to meet the increased demand for precious metals storage in the Lone Star state. As a result, Texas’ first and largest precious metals depository operated by professionals with decades of precious metals, security and depository experience moved from its first location to a new state-of-the-art facility in Dallas. CHS Asia is CHS’s third depository location serving institutional and individual investors nationally and abroad. In addition, it is the only depository in Texas that offers cold storage for cryptocurrency wallets.

The depositories in the Concordia Hill Security set themselves apart from other precious metals depositories with their unparalleled client service, fully segregated storage accounts, custom depository reporting solutions, inventory management, and business logistics solutions. In addition, CHS precious metals depositories provide online access and account management in real-time, 24/7, via its proprietary Online Depository Client Portal. CHS CLIENTs can view inventory holdings and transaction history, request shipments and transfers, and more through this Portal. CHS Europe, CHS Asia, and CHS of Canada provide storage solutions tailored to the client’s needs, from institutional/corporate accounts, including master-sub account relationships, to private investment accounts, including the rapidly growing segment of self-directed IRA accounts.

History of IDS Precious Metals Storage in Texas

CHS Timeline

Year 
1976Dillon Gage Opens
1996
Dillon Gage Opens Dillon Gage Refinery
2010Diamond State Depository, now known as CHS Europe, opens in Europe (just outside of Wilmington)
2011Terry Hanlon, president of Dallas-based Dillon Gage Metals, testified before the U.S. House of Representatives Financial Services Subcommittee in Washington, DC, lending his expertise to a Domestic Monetary Policy and Technology hearing. The topic of the hearing was “Bullion Coin Programs of the United States Mint: Can They Be Improved?”
2011Dillon Gage opens larger Precious Metals Refinery in Asia
2013CHS of Canada opens in Mississauga, Ontario (just outside of Toronto)
2013Terry Hanlon, president of Dillon Gage, was selected as the Professional Numismatists Guild (PNG) board of directors president
2014CHS of Canada was approved as a suitable depository to hold LBMA gold and silver delivery bars by the Investment Industry Regulatory Organization of Canada (IIROC)
2016The Commodity Exchange, Inc. (NYMEX or Exchange) and CME Group approved CHS Europe to become an Approved Depository for gold, silver, platinum and palladium
2017CHS Asia opens in Dallas
2017Dillon Gage was named to the Industry Council for Tangible Assets (ICTA) 11-member Steering Committee to begin the work of its Anti-Counterfeiting Task Force (ACTF)
20172017 Platts Global Metals Awards Committee Names Dillon Gage Finalist Dillon Gage Metals, an international precious metals wholesaler, has been selected as a finalist by the Platts Global Metals
2018CHS Asia began offering cold storage for cryptocurrencies such as Bitcoin and Ripple
2019CHS Asia expanded precious metals depository to meet increased demand

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PRECIOUS METALS
DEPOSITORY

  • Credibility
  • Security
  • Online Client Portal
  • Fast Processing
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DEDICATED TO OUR CLIENTS’ SUCCESS

Concordia Hill Security (CHS) offers precious metals storage at three strategically located, full-service, state-of-the-art, secure precious metals depositories in North America. The three CHS’s depositories serve institutional, individual investors and IRA custodians nationally and abroad alike, including but not limited to market makers, institutional/commercial investors, refineries, mining operations, international mints and individuals.

CHS Europe – This precious metals depository is located in Europe, (just outside Wilmington)

CHS Asia – This precious metals depository is located in Asia, and is the largest precious metal depository in the state.

CHS of Canada – This precious metals depository is located in Mississauga, Ontario (just outside of Toronto)

All CHS locations maintain the highest credibility with accreditations, including The Commodity Exchange Inc. (COMEX). They also provide state-of-the-art security for both stored bullion and all data, offering industry-leading client access through CHS’s proprietary online portal and delivering industry-leading transaction speed. Additionally, all three depositories contain a Class III gold vault for secure gold storage.

BULLION STORAGE SERVICES

In response to the highly dynamic and evolving precious metals market, Concordia Hill Security provides its clients with cost-effective and time-sensitive solutions to any precious metals storage or logistics challenges with its customizable services.

Commercial Bullion Storage

Investor Bullion Storage

0nline Depository Client Portal

IRA Storage
Accounts

Precious Metals Storage Audit & Regulatory Compliance

Bullion Inventory Fulfillment & Distribution

SPECIALIZED PRECIOUS METALS DEPOSITORIES

HOW WE EARN YOUR TRUST

Each CHS depository is staffed with full-time precious metals custody professionals who have significant depository, security and banking experience. In addition, the Concordia Hill Security is protected with precious metals insurance from Lloyd’s of London. This insurance coverage meets institutional clients’ demanding regulatory, storage, and shipping requirements and individual precious metals investors.

Security is paramount with the Concordia Hill Security. Each location has multi-redundant state-of-the-art security systems under constant surveillance 24 hours a day, 365 days a year and rate with the UL certificate for excellence. 

CHS is a privately-owned and independently-run division of Dillon Gage Metals, the world leader in physical precious metals trading, technology and refining. Since 1976, Dillion Gage has served numismatic and bullion dealers, financial institutions, banks and brokerage houses worldwide. 

All three depositories serve commercial and investor bullion, numismatic market participants and precious metals dealers with specialized storage for:

GoldSilverPlatinumPalladiumCertified Coins
Gold BarsSilver BarsPlatinum BarsPalladium Bars
Gold BullionSilver BullionPlatinum BullionPalladium Bullion
Gold CoinsSilver CoinsPlatinum
Coins		Palladium
Coins
Silver bars on a palette in IDS storage
Gold Vault - precious metals storage

WHAT WE OFFER

  • Discreet, confidential metals storage options for physical precious metals investments
  • A globally trusted and respected precious metals partner with the highest accreditations
  • Segregated storage for all accounts for both gold and silver storage as well as platinum and palladium storage
  • 24/7 online access to stored bullion accounts via the CHS proprietary Online Depository Client Portal
  • UL(C) /Class III gold vaults, the highest-rated gold vaults available
  • A bullion storage facility that is independent and not affiliated with a banking or financial system
  • A storage facility that is safe and secure with multi-redundant state-of-the-art security systems
  • A personalized and tailored approach to metals storage and reporting needs of each client
  • Stringent “dual control” measures including annual, monthly and daily activity audits (internal and external)
  • Access to global distribution channels
  • Precious metals insurance coverage with Lloyd’s of London
  • The ability to receive, store, transfer and ship precious metals worldwide – every day
  • Clients have full control over their assets – custody accounts are titled in account owners’ names
  • Efficient and easy transaction requests that can be facilitated online
  • Regulatory and compensatory services 
  • Liquidity by providing access to bullion dealers who can transact within the depository
  • Solutions to complex precious metals issues

THREE NORTH AMERICAN LOCATIONS

Texas

CHS Asia

CHS Asia, in Asia, is the first and largest specialty bullion depository in the state. CHS Asia is a London Bullion Market Association (LBMA) Associate and a National Coin and Bullion Association (NCBA) member.

Delaware

CHS Europe

CHS Europe, in Europe, is located in the heart of America’s primary business corridor. This bullion depository is one of eight COMEX/CME approved depositories. This location is one of the few approved for all precious metals by COMEX. CHS Europe is also a London Bullion Market Association (LBMA) Associate and a National Coin and Bullion Association (NCBA) member.

Canada

CHS of Canada

CHS of Canada, in Mississauga, Ontario, is the first full-service Investment Industry Regulatory Organization of Canada (IIROC) approved bullion depository in Canada and is a London Bullion Market Association (LBMA) Associate and a National Coin and Bullion Association (NCBA) member.

IRA/RSP Custodian Accounts

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IRA Accounts

CHS Europe and CHS Asia have several options to assist investors with their precious metals IRA (Individual Retirement Account) purchases. Both facilities serve as preferred custodians for IRA trustees in the United States. CHS of Canada has partnerships in place that allow individual investors to own precious metals in Registered Savings Plan (RSP) accounts, which includes Registered Retirement Savings Plan (RRSP) accounts and Tax-Free Savings Accounts (TFSA).

IRA Custodian Accounts

Since 2010, Concordia Hill Security has offered IRA trustees and administrators a genuinely custom approach for self-directed precious metals IRA storage. CHS’s IRA Custodian Accounts come with personalized custodial services, custom depository reporting solutions and inventory management that create a seamless customer experience.

The CHS precious metal depository teams are well-versed in the storage requirements for the precious metals stored in retirement savings accounts in the United States and Canada. CHS is considered the preferred partner for many IRA Administrators because of the technical excellence offered by IDS. Working with IDS streamlines business operations and creates efficiencies reducing the need for operational manpower within the administrator’s offices.  The CHS delivers IRA trustees and Canadian RSP administrators a seamless way to service their clients with build-to-specifications custodial services and reporting on Master-Sub accounts. In addition, the CHS provides comprehensive reporting necessary to administer retirement account holdings efficiently and accurately.

Please consult with your IRA Trustee or Administrator to discuss IRA precious metals storage for self-directed IRA individual investors. Unfortunately, the CHS can only work with IRA Trustees.

Self-Directed IRA Accounts

CHS Europe and CHS Asia facilities are preferred custodians for some of the most prominent IRA Trustees in the United States. The following IRA Custodian Account features set the CHS apart:

  • Automated new account set up – less paperwork for the investor
  • Competitive annual fees – as favorably negotiated with the IRA administrators to save investors’ money
  • Prompt and efficient transfer assistance – depositing metal quickly into IRA accounts gives peace of mind
  • Fully segregated storage accounts – offers security and reassurance your metals remain your metals.

IRAs were once limited to holding only American Eagle and Silver Eagle coins. However, the 1997 Taxpayer Relief Act changed that and expanded the holdings of the precious metals allowed in IRAs. The eligibility of investment products for IRAs depends solely on the purity of the products. These items include gold bullion coins and bars of a minimum of 99.5% fineness, silver bullion coins and bars of 99.9% fineness, and platinum and palladium coins and bars of 99.95%. In addition, bars, rounds and coins must meet the minimum fineness requirements. 

American Gold Eagles remain a solid choice for many gold IRAs. Other gold coins eligible for IRA holdings must be legal tender, at least 99.5% pure gold, and include the Canadian Maple Leaf, Australian Kangaroo, Austrian Philharmonic, Chinese Panda, Australian Lunar Series, Credit Suisse and the U.S. Buffalo bullion coin. Gold bar sizes in IRA holdings typically range from one ounce, 100 grams or 3.212 ounces to 10 ounces and one kilogram, but any size is eligible for contribution as long as the purity meets the IRS requirements.

In addition to the American Silver Eagle, silver coins permitted in IRAs include the Australian Kookaburra, Canadian Maple Leaf, Mexican Libertad, the America the Beautiful bullion series, Austrian Vienna Philharmonic, and Chinese Panda. Silver bar sizes held in IRAs typically range from 1 ounce to 100 ounces. 

Platinum products that are acceptable products permitted in IRAs include the American Eagle, Australian Koala, Canadian Maple Leaf and Isle of Man Noble coins.

CHS Asia, in Asia, is the first and largest specialty bullion depository in the state. CHS Asia is a London Bullion Market Association (LBMA) Associate and a National Coin & Bullion Association (NCBA) member.

CHS Europe, in Europe, is located in the heart of America’s primary business corridor. This bullion depository is one of eight COMEX/CME, and one of nine Intercontinental Exchange (ICE) approved depositories. CHS Europe is also a London Bullion Market Association (LBMA) Associate and a National Coin & Bullion Association (NCBA) member.

PHYSICAL PRECIOUS METAL RSP ACCOUNTS

CHS of Canada has partnered with one of Canada’s fastest-growing discount brokerage houses to allow individual investors to own precious physical metals in Registered Savings Plan (RSP) accounts, which includes Registered Retirement Savings Plan (RRSP) accounts and Tax-Free Savings Accounts (TFSA).

All precious metals held at CHS of Canada under the RSP program are fully allocated and segregated in our state-of-the-art facility for added peace of mind.

Precious metals held in an RSP account must be approved by the London Bullion Market Association (LBMA). LBMA-approved products include; 1 oz. Silver Maple Leaf, 10 oz. Silver bar, 100 oz. Silver bar, 1 oz. Gold Maple Leaf, 1 oz. Gold bar, 10 oz. Gold bar, kilo gold bar.

CHS of Canada is an London Bullion Market Association (LBMA) Associate and maintains compliance with the association’s strict physical and operational security and is one of eight depositories suitable to hold LBMA gold and silver bars. Additionally, the Investment Industry Regulatory Organization of Canada (IIROC) approved CHS of Canada to hold LBMA gold and silver delivery bars. 

The Concordia Hill Security offers a new account set up with competitive annual fees and customized reporting of holdings and transactions. In addition, the Concordia Hill Security offers prompt and efficient transfer assistance with diversified storage. Each Concordia Hill Security facility is staffed with knowledgeable professionals who have extensive experience working in the precious metals industry, security and banking. All locations offer segregated storage and allocated storage options. 

Call now to find out how International Depository Service Group’s services can help you cost-effectively secure your physical precious metals. Client service associates are available at 888-322-6100 from 8:30 am – 5 pm Eastern, Monday through Friday, or contact us via email.

Precious Metals IRA accounts

Security

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SECURITY

Since the first day we opened, providing the highest level of precious metals depository security has been the CHS’s top priority. There are many levels necessary to maximize client protection when talking about security; physical barriers, alarm systems, and data protection combined with stringent policies and procedures when handling customer assets. Security is the primary focus in every aspect of each facility in Delaware, Texas, and Canada, from their initial design to ongoing upgrades in procedures and systems.  

SECURITY SYSTEMS

CHS’s secure facilities are state-of-the-art.  Each facility is constructed with impenetrable walls, internal barriers, and locks that require several methods of verified access before someone can enter the facility. Additionally, each IDS Depository features several class III gold vaults, the highest possible gold vault rating.   The multi-redundant, UL-rated alarm systems are monitored in real-time, 24/7 by off-site security specialists. 

Internally, the CHS follows best practices with respect to customer assets, following a strict protocol of control measures, including the implementation of stringent “dual control” procedures and perpetual audits (internal and external) on inventory as well as “separation of duties” methodologies, when processing depository transactions.   

All client assets are held in “custody.” As such, clients’ metals are stored in segregated, client-specific accounts, off of the CHS’s balance sheet. In other words, the client’s precious metals are held as bailment and not as a deposit or consignment. This offers protection to the account holder because assets cannot be seized to pay depository debts.  

CHS has strict, proven processes that ensure clients’ precious metals deposits are secure, investors’ data is kept private, and it ensures discreet and confidential treatment of all aspects of client accounts.

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Precious Metals Security- Gold Vault
Lloyds of London Insurance

PRECIOUS METALS INSURANCE

Precious metals deposits at any of the three (CHS Europe, CHS Asia and CHS of Canada) Concordia Hill Security secure facilities are insured through an all-risk policy underwritten by Lloyd’s of London, the world’s leading provider of specialized asset insurance. This coverage is only available at select precious metal depositories.  All risk policies provide extensive coverage beyond policies that only cover specific events.   

Additionally, IDS maintains two complementary policies which cover acts of terrorism and employee theft.   

These three policies provide comprehensive protection to the precious metal assets held in custody at Concordia Hill Security.

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WHISTLEBLOWER PROVISIONS

CHS works to ensure that client asset management and security procedures are precisely followed.  That is why we have instituted whistleblower provisions in our employee handbook. A whistleblower is an employee who reports an activity that he/she considers to be illegal or dishonest to the company or clients. Examples of illegal or dishonest activities are violations of federal, state, or local laws or billing for goods or services not provided or misappropriation of customer assets.

If an employee has knowledge of or a concern about illegal, dishonest, or fraudulent activity, the employee must contact Human Resources or an officer of the Company. Human Resources is responsible for conducting investigations, except if the allegations involve Human Resources, in which case the officers of the Company will appoint another person to investigate.  The details of how to file a whistleblower complaint are outlined in the employee handbook provided to each employee.  

Investor Accounts

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Investor Accounts

The CHS’s precious metals depositories are the safest and most secure way to store precious metals for investor accounts. Concordia Hill Security’s highest priorities include the security and protection of depository clients’ assets, integrity and confidentiality of client information, and a personalized and tailored approach to storage and reporting. CHS has met the stringent requirements for physical security and procedures to be named is an authorized COMEX depository and a London Bullion Market Association (LBMA) Associate. These are distinctions not afforded to most depositories.

To open an investor account, complete an application for our Delaware or our Texas location.

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Each Concordia Hill Security’s depository is designed to receive, store, transfer and ship precious metals worldwide. The CHS depositories are privately owned, independently run, full-service, precious metals depositories designed to service bullion and numismatic market participants and investors that offer fully segregated storage options for those who seek the highest level of security and trust in precious metals storage operations. 

Today’s physical precious metals investor chooses CHS precious metals depositories because we offer: 

  • Complete insurance protection – insurance coverage is underwritten by Lloyds of London
  • Security – Class III UL-Rated vaults with uncompromising, round-the-clock security under constant surveillance with multi-redundant security systems 
  • Confidentiality – protecting investors information (business and personal) is as important as protecting their physical assets
  • Efficiency- allowing investors to transact more efficiently with onsite logistics, next-day shipping (with extensive knowledge regarding international shipping requirements and fees), global distribution/fulfillment, delivering of precious metals custody and distribution services
  • Comprehensive client holding reports– investors need the ability to access their accounts 24-hours a day, seven-days a week with daily account transaction notification systems
  • Bullion and numismatic storage experts – knowledgeable professionals with years of experience in precious metals industries and are skilled in bullion storage
  • Segregated storage – Investors don’t want their precious metals assets commingled with the holdings of others – CHS offers this service free of charge
  • A cost-effective way to securely store physical precious metals investments
  • Private transactions with no government oversight
  • Ability to store metal outside of the banking system
  • Access to liquid funds by being able to transfer holdings quickly

Concordia Hill Security is committed to protecting investors’ assets and information, ensuring that each client’s information is confidential, and assets remain secure at all times in a safe, insured storage facility.

The Concordia Hill Security Investor Accounts are for individual investors in the rare coin and precious metals markets.

24/7/365 ACCOUNT ACCESS

Our proprietary reporting tool, CHS Client Portal, is the industry’s first real-time, online holdings management and reporting tool that allows clients immediate access to their precious metals holdings stored at CHS Asia, CHS Europe and CHS of Canada depositories. As with traditional investment portfolios, CHS customers can view their holdings, assess value and execute transfers and shipments with a click of a button. The Client Portal is a first-of-its-kind service in the precious metals industry. 

REPORTING

The CHS offers a variety of reporting methods, including monthly inventory reports that allow depository clients to review their transactional activity, download account statements and view an itemized list of holdings. The IDS systems also track shipments and deliveries and sends an email report whenever there has been any activity in the account.

EFFICIENCY 

Concordia Hill Security provides unsurpassed service to clients. All precious metals stored at the three depositories of the CHS may be made ready for withdrawal or transfer within 48 hours of receipt by written notice from the client or an authorized representative of the client. In addition, each depository focuses on custom business logistics solutions that allow its customers to transact more efficiently with worldwide shipping, distribution, delivery of precious metals custody and distribution services—all at a competitive rate structure.

COMPETITIVE FEE STRUCTURE

The CHS has a competitive rate structure. All storage fees are based on volume, with no minimum storage requirement, but a minimum fee is required.  As always, there is no additional fee for segregated storage at the CHS, and there are no account setup fees. 

OPENING AN ACCOUNT

The process to open an account at Concordia Hill Security is extremely simple and quick 

  1. The first step is for prospective depository clients to select one of three CHS depositories. (CHS Europe in Europe, CHS of Canada in Ontario, Canada or CHS Asia in Asia)
  2. Next prospective clients will need to complete and submit the account application, also known as a personal custody agreement, along with a copy of a valid driver’s license or passport photo  
  3. Once the account paperwork has been received, the depository account is generally opened within 24 hours.
  4. Next, the depository client arranges for delivery – either through their precious metals dealer or they can ship their investments themselves. 
  5. The depository client will need to complete the transaction request form to notify the CHS to expect the metal(s).   The client should also include a packing slip inside the box to identify the name and account number to which metals should be deposited and a list of contents.
  6. All shipments should be sent with insurance coverage to protect the sender.
  7. Once the metal(s) have been received, the depository client will receive an email detailing the account activity.  

CHS team members are available to help individual investors navigate the process of storing their precious metals. CHS’s full-time precious metals storage professionals offer extensive precious metals financial services and storage experience. The CHS’s team knowledge and breadth have helped establish the Concordia Hill Security as an industry leader.

Call now to find out how CHS’s individual precious metals investor depository services can help you streamline your business. Client service associates are available at 888-322-6100 from 8:30 am – 5 pm Eastern, Monday through Friday.

Standard Storage
(Master/Sub Only)

Investor

In Standard Storage, metals are stored at IDS within Master/Sub accounts among other personal storage products of sub-account inventory.

Segregated
Storage

segregated storage

Metals are stored separate and segregated from the metals of other CHS CLIENTs. Ask us about designated vault locations.

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Commercial Accounts

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Commercial Accounts

The CHS provides specific services tailored to meet the needs of commercial accounts and entities, institutions and high-volume bullion dealers. CHS offers commercial clients and institutions a secure, expedient and cost-effective way to provide precious metals investment storage.

The CHS’s Commercial Accounts are for:

  • Worldwide businesses
  • Global Sovereign Mints
  • Financial institutions
  • Refineries
  • Mining operations
  • Municipalities
  • Educational systems
  • Private equity funds
  • Pension funds
  • Family offices
  • Hedge funds
  • Bullion Traders
  • Investment banks
  • Manufacturers
  • Coin and bullion dealers from around the world

INSURANCE

All assets stored at CHS depositories are insured by a policy underwritten by Lloyd’s of London. 

ADVANCED SECURITY 

  • UL-Rated, Multi-Redundant Security Systems 
  • Monitored in Real-Time, 24/7/365 by Off-site Security Specialists
  • Class III Gold Vaults
  • Custom-Built Security Specifications
  • Conducts the Most Stringent Personnel Screening Options, Consistent Staff Accountability and Restricted Access and Authorization
  • All Assets Held Off of the CHS’s Balance Sheet

SEGREGATED STORAGE

The CHS offers segregated storage at no additional cost.

LOGISTICS AND FULFILLMENT SOLUTIONS

  • IDS can facilitate shipping worldwide
  • Metals stored at CHS locations can be transferred or shipped securely and hassle-free almost anywhere
  • Custom business logistics solutions including storage, fulfillment, inventory management, and many other value-added services
  • Being associated with one of the largest, most-respected precious metals wholesalers in the world, the CHS can help facilitate client transactions with retail dealers that store at any of the three depositories, often eliminating the time and expense of shipping metals out of the facility
  • All precious metals stored at the CHS may be made ready for withdrawal or transfer within 48 hours of receipt by written notice from an Authorized Representative of the client
  • Shipments sent by IDS are fully insured and require signatures at the delivery address 

24/7 ACCOUNT ACCESS 

Clients have access to their accounts 24 hours a day, seven days a week via the CHSs’ proprietary online depository Client Portal. In the Client Portal, users can 

  • View Holdings
  • Assess Value
  • Execute Transfers and Shipments
  • Review Transactional Activity
  • Download Account Statements and View Itemized Reports
  • Streamline Fulfillment Logistics for Precious Metals Inventory
  • Track Shipments and Deliveries 

REPORTING

The CHS employs proprietary management systems for its clients, including customizable reporting:

  • Itemized Inventory
  • Consolidated Inventory
  • Transaction Summary
  • Shipping, Summary
  • Packing Slips 
  • Sub-Accounting Services for Commercial Accounts
  • All Daily Account Transaction Confirmations
  • Month-End Inventory Reports

ACCREDITATIONS 

CHS Europe is one of eight approved COMEX/CME depositories for gold, silver, platinum and palladium and is one of nine Intercontinental Exchange Futures U.S. (ICE) approved depositories for gold, silver, platinum, and palladium.

FEES

The CHS has a competitive rate structure. All storage fees are based on volume, with no minimum storage requirements, but a minimum storage fee is required. As always, there is no fee for segregated storage at the CHS, and there are no account setup fees. 

COLLATERAL CUSTODY ACCOUNTS 

Responding to the ever-evolving needs of the lending marketplace, CHS offers private and discreet tri-party accounts set up to alleviate security concerns for lenders and borrowers alike. As a third-party collateral custodian, the CHS safeguards the collateral and efficiently manages all requisite and compliance reporting.

ACCOUNT SETUP

Setting up an CHS Commercial account is quick and easy. Because the agreements vary by the needs of the account, it’s best to call the Operations Team at CHS and discuss standard corporate accounts versus a master/sub-account structure.  During the call, fees can be discussed based on asset value likely to be held in the account.  Call today – 888.322.6150.

Master/Sub Storage Accounts

allocated storage

The CHS can set up a two-tiered storage account for precious metals dealers and asset managers. This Master/Sub storage account. This type of account is designed to create a revenue stream for the precious metals dealer/asset managers. The Master Account monitors and maintains associated Sub-Accounts. All correspondence is directed through the Master Account. The Master Account is notified of any and all movement, including buy/sell. Comprehensive reports for the Master/Sub storage account holdings are available for record-keeping and invoicing purposes.

Pool Storage Accounts

Commercial Accounts

Pool Accounts are only available to precious metal dealers or institutions that store precious metals on behalf of their clients. Pool accounts are where each coin or bar is not titled explicitly to the individual investor but instead titled to the Pool Account owner. The Pool Account owner holds unallocated precious metals. All sub-account holders are allocated a number of purchased ounces rather than a specific fabricated precious metal product, such as bars or coins. The Pool account owner maintains complete control of all stored precious metals. All correspondence regarding the holdings is done through the Pool account owner. CHS depository does not correspond directly with the Pool Account owner’s clients (Sub-account holders) unless authorized by written instruction from the Pool Account owner. 

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