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How to Withdraw Funds After Selling Stored Silver at GoldSilver

This article explains the procedures and expected timelines for withdrawing funds after selling silver held in storage with GoldSilver.

What are the steps to sell stored silver and withdraw the proceeds?

Sell your metals after they are checked into your account, wait for settlement (2–3 business days), then request a withdrawal by check or wire.

  1. Log in to your GoldSilver account and confirm the metals are in HOLDINGS.
  2. Select "SELL" or contact support by phone to place the sell order.
  3. Wait 2–3 full business days for the sale proceeds to settle.
  4. After settlement, request a withdrawal as a check or wire.
How long does verification and processing of incoming metals take before I can sell?

Metals received at the vault go through verification, inspection, and audit before being credited; this processing typically takes up to 2–3 weeks from the date the metals are received. You will receive an email once the metals are fully processed and reflected in your account.

How do I set up a bank for wire withdrawals and how long does that take?

Set up a bank account in your GoldSilver account before requesting a withdrawal to avoid delays.

  1. In your account, go to ACCOUNT > BANK ACCOUNT > WITHDRAW and add your bank details.
  2. After adding a bank, the bank will take 48 business hours to clear.
Are there fees for wire withdrawals?

A wire withdrawal carries a $25 fee.

What account and timing requirements affect withdrawal availability?
  • Funds must first settle after a sale (typically 2–3 full business days) before withdrawal requests can be made.
  • Ensure your GoldSilver account is fully verified in advance; unverified accounts may experience delays in selling or withdrawing funds.
  • Setting up your bank account in advance speeds the withdrawal process.
Troubleshooting: common issues and resolutions
  • If metals are not yet visible in HOLDINGS, wait for the verification/audit to complete (processing is typically 1-2 weeks).
  • If a newly added bank does not permit immediate withdrawals, allow 48 business hours for the bank to clear.
  • If funds are not available immediately after a sale, confirm the 2–3 full business day settlement period has elapsed.

Conclusion Follow the steps above: confirm metals are checked in, place a sell order, wait 2–3 business days for funds to settle, ensure your account and bank are set up and verified (bank clearing 48 business hours), then request a check or wire (wire fee $25).