Goldback Accounts
Members that fund their online Goldback account may request immediate delivery of their Goldbacks in whichever denominations that they prefer. It is much like requesting cash to be shipped from a bank or credit union. For example, if your account has 1,000 (SLT) Goldbacks and you would like delivery then you could request any mix of 1s, 5s, 10s, 25s, and/or 50s. UPMA is not the only organization that sells Goldbacks.
Note that Goldbacks that are held in your account never have any vaulting or membership fees. They may be pulled out in any series that is available so funded your Goldback account is a great way to reserve future series.
Goldbacks may be shipped from a member’s account to their residence even if they live overseas*. Goldbacks may also be purchased at the office directly during normal business hours.
HOW TO WITHDRAW/Ship GOLDBACKS:
Step #1. Fund your UPMA Goldback Account. These accounts do not have any membership or vaulting fees.
Step #2. Send an email to [email protected] requesting delivery of your account holdings (include which denominations and how many you would like in the email).
Step #3. Wait for the confirmation email.
When requesting your Goldbacks from your account, state which denominations you would like and how many. You will want to add extra funds to cover shipping and insurance at the time you fund your Goldback account, if you are not within driving distance of our Alpine, Utah offices. See below for shipping and insurance choices.
Usually, when submitting payments for Goldbacks, the funds will be deposited into the UPMA Goldback account, found on upma.org. Any electronic transfer of funds, such as through ACH, will be done by the purchaser logging into their upma.org account and following the necessary prompts online.
We can use the following as acceptable payments for Goldbacks:
UPMA gold holdings
UPMA silver holdings
Any amount in cash, meaning physical bills. However, any amount of cash beyond $9,999 per calendar year will necessitate a FINCEN report.
Personal check payable to UPMA. Mail to: UPMA 333 S Main Street, Alpine, Utah 84004
Cashier’s check and/or money orders payable to UPMA. Mail to the address above.
Wire. Ask for the instructions to be emailed to you.
Precious metals coins, bars or bullion, either in legal tender or not legal-tender
Debit Card, (Request an invoice through the system when logging in. Does not work over the phone. Give the invoice 24 business hours to show up. There are additional fees).
All communications with the UPMA staff can be done through [email protected]. The UPMA and Goldback office hours are: 10am - 6pm, M-F. 10am - 2pm. The toll-free number is 888-210-8488.
COSTS FOR SHIPPING GOLDBACKS
The price of shipping your Goldbacks will vary depending on the value and quantity of what is being shipped. Expect a flat rate cost of either $10 or $20 for domestic addresses and up to $75 for international.
*Shipping prices are subject to change without notice.