KYC - ‘Know your Client’
KYC is an acronym for ‘know your clients’ and is not only an important part of our business but is essential before commencing or accepting any orders through the Guernsey Mint Bullion Company for any of our Gold bars or Silver Bars. Necessary for orders over £8,000.
The purpose of KYC is to cut-out investment irregularities and we are bound by GFSC anti-money laundering regulations as well as by local law to make sure that our clients are who they say they are.
A simple process of document presentation is required at which stage, once all documents are validated, the sale of our gold bars and silver bars can commence.
What is required:
1. Copy of passport or full driving licence
2. A utility bill with your current residence
3. Proof of funds
This is a very simple, common and easy process, so if you have any questions or queries, then please don’t hesitate to contact us at the Guernsey Mint where we can talk you through our KYC requirements.