ABN Abn Amro Holding N.V.

   By Tatyana Shumsky 
 

NEW YORK--Dutch bank ABN Amro Holding NV (ABNYY) told its customers in the Netherlands that it would no longer physically deliver precious metals effective April 1, in a letter seen by Dow Jones Newswires.

ABN Amro had previously offered its Dutch clients the option to receive their physical gold, silver, platinum and palladium holdings as part of an agreement with Deutsche Bank Netherlands, a ABN Amro spokesman told Dow Jones via email. However, Deutsche Bank Netherlands opted to suspend this service as of April 1.

The change concerns only a few hundred clients, the spokesman said.

Write to Tatyana Shumsky at tatyana.shumsky@dowjones.com

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