BullionByPost Review 2022 – Is It Genuine Or A Scam?

Since its founding in 2009, BullionByPost (BBP) has served as a source of services for the precious metals market. Bullion and coins made of valuable metals are both bought and sold by the business. All sorts of services are available from them. Of course, customers can invest in metal or buy and sell through the firm.

 

Additionally, customers can transact with BullionByPost via the internet or by phone. They also act as brokers for larger transactions. Metal prices are determined by adding a premium to the spot rates price to cover production, transport, and insurance.

 

This review will discuss BullionByPost. Continue reading to learn more about the company.

BullionByPost Prices

Prices at BullionByPost are significantly more than those offered by other companies. Silver Britain coins have a margin of 16 percentage points compared to the pricing offered by other firms, making them more expensive. In addition, the prices of Gold Britain coins are 5 percent more than the ones offered by rivals.

 

Customers are frequently taken advantage of by hidden fees, and some are unaware of it. There are no covert fees associated with purchasing from BullionByPost. On the webpage, all prices are itemized, and the amount you spend matches what was described initially. Customers are notified of any price changes before completing the payment process.

BullionByPost Payment Method

Since BBP offers the most reliable payment methods, there is no need for you to be concerned about the security of the transactions. 

 

Debit cards, credit cards, and money transfers are the payment methods that users can utilize. Of course, your financial transactions and private details are protected from prying eyes and safeguarded. It is also simple to send and collect payments for your goods and services.

BullionByPost Advantages

BullionByPost offers several benefits that it can provide for its customers. As a user, it is essential to know the advantages it offers.

 

  • The firm maintains consistent pricing
  • Signing up for an account is simple and takes very little time
  • You may get your metal delivered to your home quickly
  • Extremely dependable in the UK and throughout Europe
  • Easier to navigate the web page
  • Strong backup and support crew
  • Purchase of the bundle
  • Simple payment options

BullionByPost Disadvantages

BullionByPost also has several shortcomings for its customers, which are areas that still require development.

 

  • There are only a handful of goods to choose from
  • Excessive costs
  • Constraints imposed by geography
  • Extremely unhappy customers
  • In other words, the firm has not made any moves to support new or digital currencies
  • Problems exist among their customer service crew
  • An IRA service is not required of the firm

Countries BullionByPost Serves

In the United Kingdom, BBP is regarded as the most reliable vendor. Additionally, the corporation has operations in several other countries across Europe. 

 

The most important nations in this group are France, Austria, Sweden, Spain, Belgium, and Croatia. Other nations that are not members of the European Union can also be supplied, but the terms and circumstances will be varied.

 

This is very helpful review of BullionByPost;

 

Delivery Methods

The items sold by Bullion By Post are shipped out by either the Royal Mail or UPS. Neither UPS nor its customers have ever received a single complaint. The service is reliable, with punctual deliveries every time. Several consumers have complained about Royal Mail’s absence of ID checks or delivery signatures.

 

The delivery mechanism utilized by BullionByPost is unparalleled. Typically, the business will ship the item the following business day. Many clients want a 24-hour turnaround time, and BBP has you covered. When there are delays, the organization communicates with clients promptly. As an added convenience, customers can even deliver some orders the same business day they were placed.

Frequently Ask Questions (FAQs)

Regarding BullionByPost, the following are a few of the most commonly asked questions.

Is BullionByPost a fraud?

BBP is not a hoax. The firm is legitimate, as evidenced by its mailing address and legitimate management. Birmingham, UK, is home to BullionByPost’s main office. The company has been in operation for 12 years under the ownership of Jewellery Quarter Bullion Limited.

 

Company legitimacy was bolstered by the fact that it is a Royal Mint authorized distributor. You can also learn if it is legitimate or not by looking at how other reputable websites rate it. For instance, BBP has a 4/5 Trustpilot rating. 

How does BBP take care of shipping?

The shipping policies offered by BullionByPost are a major selling point for the company. Additionally, delivery to any country in the European Union is on the house. The organization offers shipment insurance as an added peace of mind.

Can you keep your metals in the company’s storage?

Once you’ve purchased metal from BullionByPost, you may keep it in their vault until you’re ready to sell. The warehouses are locked, so your merchandise is safe at all times. However, a monthly storage cost of £10 is required.

 

That’s all we have to say about BullionByPost. WHy not read our Koinly review next?