Goldtresor Terms and Conditions Have Been Updated

Goldtresor 2.0 is arriving in Q1 2026, bringing a complete system overhaul, modernisation, and new features. The first preparatory step is a comprehensive update to the current General Terms and Conditions (ÁSZF).

The most significant change is that — as a first in the country, following the standards of the London precious metals market — we are splitting our gold account management service into a so-called unallocated and an allocated gold account management service.

The new version of the ÁSZF, effective from 20 December 2025, is available by clicking here.

The key legal and technical changes are as follows:

1. All corporate clients will be able to trade under the unallocated system, meaning their balance represents a claim against Goldtresor; whilst

1. All private individual clients will be able to trade under the allocated system, meaning their balance represents the extent of ownership embodied in physical investment gold bars (or another precious metal, if the order specifies such an account) stored by Goldtresor on their behalf.

1. There will also be a technical change to our invoicing practice: for private individuals purchasing gold account balances, we are switching to invoicing under the heading "purchase of investment gold", whilst for corporate clients the invoicing of commission fees remains unchanged.

Clients do not need to take any action regarding this transition.

Explicit acceptance of the ÁSZF shall be deemed to have occurred if the client does not terminate the contract or continues to use the system within 15 days of its entry into force.

Last updated: 21 December 2025.