PERTH MINT broker Accounts

The Perth Mint Account Type

　　The Perth Mint offers several types of accounts for customers looking to buy, sell, or store precious metals. These account types include:

　　Individual and Sole Trader Account: For individual customers or sole traders, this account is necessary for trading bullion. Identity verification is required, especially for transactions over AUD 2,000.
　　Australian Company Account: This account is designed for listed and unlisted companies, subsidiaries, and entities regulated by Australian government organizations. It requires specific due diligence documentation.
　　Foreign Company Account: Similar to the Australian Company Account, this is for listed and unlisted foreign companies, requiring completion of a designated due diligence form.
　　Self-Managed Superannuation Fund (SMSF) and Regulated Australian Trust Account: This account is for SMSFs and regulated Australian trusts, which also require specific forms and identity verification.
　　Unregulated Australian and Foreign Trust Account: For trusts that are not regulated by an Australian government department, this account type requires additional documentation.
　　Other Non-Individual Accounts: Partnerships, government bodies, associations, and registered cooperatives fall under this category and must complete relevant due diligence forms.

　　To open an account with The Perth Mint, follow these steps:

　　Download Required Forms: Depending on the account type, download the appropriate customer due diligence form from the Perth Mint website.
　　Complete the Application: Fill out the form with accurate information, ensuring that the account name matches your identification documents.
　　Identity Verification: For accounts involving transactions over AUD 2,000, you must provide identity verification documents, such as a drivers license or passport. Certified copies may be required.
　　Submit Forms: You can either submit your forms and identification documents via a secure link provided by the customer operations team or bring them in person to the registration desk.
　　Account Processing: For non-individual accounts, it is recommended to make an appointment, as processing can take up to two hours. Individual customers typically do not need an appointment.
　　Receive Account Confirmation: Once your account is processed and verified, you will receive confirmation and your customer account number, which you should bring for all future transactions.