Gold trading through BCEL becomes more popular

Gold trading through BCEL becomes more popular

Gold Trading through the account of the Banque Pour Le Commerce Exterieur Lao Public (BCEL) is becoming more and more popular amongst gold purchasers because of the security and certainty the service offers.

The service has been offered by BCEL since 2009. It took some time to gain popularity but has now taken off as more members of the public including Lao and foreigners become aware of the service.

People began to know more about this gold trading in 2011 and customer numbers have increased in each period since then. Purchasers can buy or sell gold through their account.

The bank currently cannot report on the number of members yet, according to the bank’s technical staff.
This is a new BCEL service in which BCEL acts as a direct international representative for gold trading (through a purchasers’ account).

This service is suitable for those who are interested in risky investments which can make profits several times in just one day. Such people can buy or sell gold using spot trading, good-till-date (GTD) trading (NY), or goods-till-cancelled trading (GTC).

Purchasers can make profits several times in just one day and the total income generated from gold trading will be credited to their account. They can make as many purchases or sales as they like (based on their balance).
BCEL’s work is directed by the Switzerland Bank, which is the main gold trading bank.

Purchasers who become members should have about US$250,000 in their account or trading gold to a minimum of five killogrammes a time.

Fees for this service are US$35 per time (time referring to an actual purchase or sale).
Those interested can use this service between 8:30am and 3:30pm Monday to Friday.

Purchasers must have a savings or fixed deposit account at BCEL, must specify their objectives in gold trading (through their account) and must request a 10-digit code for their gold transactions to be approved.

 vientiane times