24 November 2017

Estonia Logistics Update

After G4S had changed their terms and conditions by raising prices we needed to adapt to this new high-price environment. CelticGold took the hit for the month of August because of the higher storage fees. The changes to the G4S pricing went into effect for CelticGold customers on September 1st rising from 1.2% to 2.4%. 

Changing secure facilities is a complex task that needs to be planned precisely, including staff training, moving of inventory, etc. As usual it took longer than expected but we’re running smoothly now for two weeks and I’m happy to announce the improvements with our new logistical provider.

1) Storage fees will decrease from 2.4% to 2.0%

The new facility does not have the insurance coverage that G4S had, so we are happy to reduce the premiums from 2.4% to 2.0%. But we do not recommend keeping silver stored in Estonia long term. You may move stored orders with a few simple clicks in „My Vault“ to Prosegur, inFrankfurt.

2) Free storage period down from 3 months to 2 months

Our new secure vault company has reduced the free storage period from 3 months to 2 months. Customers can still place several smaller orders over a two month period and combine these into one shipment to save huge amounts of unnecessary shipping charges.

This storage option is best for smaller orders and shorter storage duration times because of the limited insurance coverage. Ideally, those who are looking to store larger amounts of silver or gold should look at Prosegur in Frankfurt as the best and most comprehensive storage option.

After G4S had changed their terms and conditions by raising prices we needed to adapt to this new high-price environment. CelticGold took the hit for the month of August because of the higher storage fees. The changes to the G4S pricing went into effect for CelticGold customers on September 1st rising from 1.2% to 2.4%. 

Changing secure facilities is a complex task that needs to be planned precisely, including staff training, moving of inventory, etc. As usual it took longer than expected but we’re running smoothly now for two weeks and I’m happy to announce the improvements with our new logistical provider.

3) Free Tallinn Office pick ups (again)

The new facility runs on much lower costs and we are happy to announce free office pick ups again. As usual you need to make an appointment for your order to be ready for pick up at Metro Plaza.

4) Faster Order Processing

We also looked into the logistical process and we were able to improve processing time as well as provide quicker movement of goods into Estonia. This simply means your order will process and ship faster than before.

5) Long term, Low Price Prosegur Storage in Frankfurt 

We encourage everyone to take advantage of long term storage with Prosegur. The ultra-high secure vault in Frankfurt offers the best value with shipping service and buy back option. 

Some asked if there would be a VAT issue moving the product to Germany. The answer is: No, there is no VAT issue. You move your product within the EU and non-commercial shipments are VAT and import duty free. 

Thank you again for your trust and business.

Author: celticgold.eu

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