There are additional licensing considerations that apply to the import of silver, listed under Schedule 3DA the revenue generating goods list.
A licence may be issued for the import of silver and for the acquisition, directly or indirectly, into the UK of silver, where it can be demonstrated that the silver was exported from Russia before 23 June 2022.
A licence may be issued for the provision of technical assistance, brokering services, financial services and funds relating to silver that was exported from Russia before 23 June 2022.
To learn more, please visit the gov.uk website.