Financial Compliance at Bigiantech Gold.
As an institutional dealer of high-value physical assets, Bigiantech Gold is strictly committed to preventing our financial and logistical infrastructure from being used for money laundering, terrorist financing, tax evasion, or other illicit activities. We adhere rigorously to the stringent guidelines set forth by the Financial Action Task Force (FATF) and relevant global regulatory authorities.
1. Zero Cash Policy
To completely eliminate anonymity in financial transactions, we do not accept physical cash, money orders, cashier's checks, or untraceable third-party payments under any circumstances. All incoming and outgoing capital must be executed via secure, traceable bank wire transfers originating from a recognized banking institution that is itself subject to strict AML oversight.
2. Customer Due Diligence (KYC)
Before any investor can execute an order or fund their account, they must undergo our mandatory Know Your Customer (KYC) verification protocol. This establishes the true identity of our clients. Verification requires the secure submission of:
- A valid, unexpired government-issued photo ID (Passport, National Identity Card, or Driver's License).
- A recent proof of residence (Utility bill, tax assessment, or bank statement dated within the last 3 months).
Accounts that fail to provide satisfactory and legible documentation will remain locked. No buying, selling, or vaulting transactions will be permitted until identity is fully established.
3. Corporate Accounts (KYB)
For corporate entities, trusts, LLCs, or IRAs purchasing precious metals, Enhanced Due Diligence (Know Your Business) is required. We mandate the full disclosure of the corporate structure. Corporate applicants must provide:
- Certificates of Incorporation or equivalent corporate registry documents.
- Identification of all Ultimate Beneficial Owners (UBOs) holding more than 25% equity or voting rights in the entity.
- A formal board resolution or mandate authorizing the specific individual to trade physical metals on behalf of the company.
4. Strict Bank Account Matching
To prevent third-party laundering, the name on the bank account used to transfer funds to our clearing accounts must exactly match the Legal Name verified on the client's Bigiantech Gold KYC profile. Any incoming wires from unmatched third-party accounts, unregistered corporate accounts, or unidentified sources will be automatically rejected. The funds will be bounced back to the originating institution, less any applicable banking reversal fees.
5. Source of Funds & Sanctions Screening
We actively and continuously screen all clients and connected parties against global sanctions lists, including OFAC (US), UN Security Council, and EU consolidated watchlists. Furthermore, for transactions of unusually high volume, or transactions that deviate from a client's established profile, our compliance team reserves the right to request a formal "Source of Funds" or "Source of Wealth" declaration to verify the legitimate origin of the capital being deployed.
6. Ongoing Monitoring & Reporting
Our compliance officers conduct ongoing transaction monitoring to identify unusual or suspicious patterns of activity. Under international law, Bigiantech Gold is legally obligated to file Suspicious Activity Reports (SARs) with the relevant financial intelligence units (FIUs) if we suspect transactions are linked to criminal conduct. By law, we are prohibited from tipping off the client that a report has been filed.