AUSTRAC, the government agency responsible for ATML requires us to "know our customer" through third party verification of a licence or passport.
By law, bullion dealers are required to verify client identity for purchases over $5000.
We do not provide customer information to AUSTRAC or any government agency unless the transaction is deemed suspicious.
You can make a purchase from BULLIONMARK and lock in your prices prior to sending us your ID. However, we cannot ship your order until the ID is on file.
The ID verification obligations will be emailed to you automatically, once you have reached the threshold.
If your intended purchase is for a self managed superfund, company or trust, we will need the abovementioned form completed for each beneficial owner and a copy of the administrative details of the articles of association or trust deed.
Please make a colour scan or digital photograph of your verified form and send to us by email. Fax copies cannot be accepted. If you do not have a scanner or digital camera, please send the originals by mail. Contact details.