What is the process for banks to buy gold?
1, purchased at the bank counter
A simple understanding is to bring a valid personal ID card and bank card and go to the issuing bank outlets to buy gold. Usually, after the user arrives at the bank, he equals the sign first, and then starts to handle the business. The staff will let you open a gold account, with which you can buy gold freely.
2. Mobile banking purchase
Take China Construction Bank as an example. Users log in to the mobile banking APP of China Construction Bank, search for "gold", click "physical precious metal", then select the gold they want to buy in the "physical precious metal supermarket", click Buy Now, and follow the instructions on the page.
It should be noted that if users buy products that are self-drawn by outlets, they can check the telephone reservation of withdrawal outlets through the "Withdrawal outlets" function in the upper right corner of the "Physical Precious Metals" page, and withdraw the physical products with their valid ID and password of the physical precious metals management account within the reservation time.
Of course, the process of buying gold by different banks is slightly different, subject to bank regulations. However, at present, most banks support offline purchase. If users don't want to travel far by themselves, they can call the bank's customer service first for detailed consultation.