UBS closes precious metal special switches overnight

The UBS confirmed this morning at the request of Tagesanzeiger.ch/Newsnet. The special switches were closed at the three locations immediately. It was a business policy decision. For customers, two things change. The current product range will be streamlined, and the "most common bars and coins for sale and purchase" would be ready, UBS writes in an intranet message. The range would also be reduced at all other branches.

As a second change, customers have to sell their bars and coins when selling at the normal counter, and then wait two to three working days until the bank carries out the appropriate credit, subject to a quality check.

UBS closes precious metal special switches overnight