gold-and-silver-bars
Precious metals are the underlying value for BUCS crypto shares

How to pay

Methods of payment

There are many ways a customer can fund his BUCS Crypto Shares purchases:

  • BUCS Master card
  • Cash
  • Credit Card
  • PayPal verified
  • Personal or business check
  • Bank draft
  • Interac or EFT money transfer
  • Bank wire
  • Bitcoins

Payment lead times

Typical lead time needed for money to settle in account

Please review this chart and select desired method of payment accordingly:

 METHOD OF PAYMENT

 MAX AMOUNT

SURCHARGE 

 TIME TO SETTLE

ACTIVE NOW? 

BUCS AVAILABLE IN

 BUCS Master Card  No limit  No  same day    1 day
 Cash

 No limit*

See paragraph below

 No  same day    1 day
 PayPal - verified   10000  3.5%  same day    1-2 days
 Bitcoin   10000 1.5%  1-2 days    2-3 days
 Credit card   1000

 3.5%

 185 days    185 days
 Personal check CAD   10000  No  up to 14 days    up to 16 days
 Personal check US   10000  No  up to 30 days    up to 32 days
 Interac Canada    50000  No  same day    1-2 days
 EFT transfer Canada   10000  No  same day    1-2 days
 ACH transfer USA          
 Bank draft check   €100000  No  5-10 days     7-12 days
 Bank wire transfer No limit No  2 days    1-2 days

Payment clearance

Payment sent by wire or any other way may not be the same as what we receive in our account! Please be aware of the fact that payment en route may attract fees by corresponding banks so $10000 sent may end up being $9975.00. BUCS shall use net total amount arrived and notify you about it.

Why surcharges? Comes from simple fact that for certain payment instruments processor takes away portion of the payment so we get less than face value of the purchase. To minimize or avoid any losses like that use direct to bank payment methods.

Payment by credit card

First time buyer buying a HomeKit and taking physical delivery of the same can pay by credit card.

However for continuing purchases of BUCS crypto shall not be available for any transactions for next 185 days! Reason is credit cards charge-back and fraud protection. For quicker holdings availability different payment methods should be used. BUCS Master card is one of them.

This shouldn't stop true crypto shares hoarder who wants to add more crypto to holdings at regular or random bases. If a long term goals are set this is not an obstacle to invest using a credit card.

Payment by cash

Payment by cash at our location is possible. Any amount is acceptable. If large cash amount is announced we may accept it right in the branch of the local Scotia Bank where our business accounts are located.

CAUTION: FINTRAC Canada requires reporting on every CASH transaction for $10000 or more involved, or multiple smaller transactions by same person paid in cash and amounting to more than $10000 in period of 24 hours. See details and requirements we have to adhere to HERE 

Tax

There is no tax on purchasing 99.99 pure gold or 99.99/99.9 pure silver. Since BUCS is entirely based on those metal bars there is not tax applied. Also BUCS are shares of the company. There is no tax on buying shares either.

Canadian buyers pay tax on cards, home kits and shipping only. Foreign buyers do not pay any taxes on any purchases.