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PMCP - EurAxxess Policies

Transactions

  • The minimum amount required to open a Perth Mint Certificate account is US$ 10,000.
  • Subsequent purchases or liquidation transactions should be of at least US$ 5,000.
  • The minimum balance in a Perth Mint Certificate should be US$ 5,000. If the value falls below this limit, liquidation of the certificate shall be mandatory.

Payment

EurAxxess strongly recommends that payments are made by bank wire transfer. Payments by check would delay the purchase of the precious metals. EurAxxess will only purchase the requested precious metals once the check has cleared. This process may take up to three weeks.

Cancellation of Orders

EurAxxess reserves the right to cancel an order if any or all of the following events occur:

  • Application documents do not meet with requirements.
  • Payment is not received within seven working days upon receipt of application documents at EurAxxess' office.
  • The confirmed price is incorrect due to either computer related problems or drastic movements in the precious metals market.
  • At its sole discretion.

Liability

Definitions:

The term "Client" shall refer to the person(s) and/or corporate entity that has requested a Perth Mint Certificate by completing and submitting the Application form and related documents.

The term "EurAxxess" shall refer to EurAxxess AG of Ebmatingen, Switzerland (EurAxxess), a Swiss-based financial services company, which acts as an Approved Dealer for the Perth Mint Certiificate Program.

EurAxxess is not liable for any loss arising from any delay of payment from the client. EurAxxess will purchase the precious metals from the Perth Mint within two working days upon receipt of the client's funds in EurAxxess' account.

EurAxxess shall not be held liable for any delay caused by any act of God, government acts, wars, civil strife, mechanical failure, unusual market behavior or activity, unintentional human error or any other fact or circumstances beyond EurAxxess' control.

EurAxxess cannot or does not offer any guarantee that the investment(s) chosen shall be successful or profitable. The Client expressly recognizes that transacting in international investments carry inherent risks, which can never be totally eliminated. International investment fluctuations create both potential risk and potential rewards. The Client expressly discharges EurAxxess of any and all legal and/or financial liabilities in any cases listed above or any other cases not directly involving the responsibility of EurAxxess. The Client shall not hold any of the parties to this agreement liable for loss of one kind or another except in cases of breach of contract or gross negligence. All other risks shall be borne by the Client.

Jurisdiction

The laws of Switzerland shall govern these Policies. In case of a dispute, the relevant jurisdiction shall be a court in Zurich, Switzerland.

 

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