1 thought on “What are the procedures for bank gold bars recycling”

  1. The procedures for the recycling of bank gold bars are as follows:
    1. When the bank applys for a gold repurchase business, the original personal ID must bring the original personal ID, and the original purchase documents, invoices, etc. The number above must be consistent with the gold bars number to be repurchased;
    3, the packaging of physical gold should be intact, gold must not have scratches or damage, etc., such as damage in gold, it will not be realized; Generally, when the bank is processed, only the gold bars they will be released by their banks. As for the gold purchased by investors in shopping malls and gold shops, they will not repurchase.
    Legal basis: Article 10 of the "Regulations on the Management of Gold and Silver Management of the People's Republic of China n Recycling gold and silver in waste.
    The units listed in the preceding paragraph must sell the recycled gold and silver to the People's Bank of China, and must not be sold, exchanged and reserved by themselves. However, the units using gold and silver by the People's Bank of China have re -used the recycled gold and silver.
    What is the source of common recycling gold
    1, gold jewelry;
    2, gold derivatives, such as gold, rose gold, K gold, etc.; Gold minerals, sand gold, industrial gold powder and gold water.

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