To have access to our large variety of services &
products, potential customers must open an account
with us.
ACCOUNT OPENING REQUIREMENTS
To have access to our large variety of services and products, potential customers in UAE and Egypt must open an account with us. The requirements are as follows:
COMPANY REGISTRATION
DOCUMENTS
01.
- Memorandum of Association (and necessary amendments, if any) - Articles of Incorporation -Certificate of Incorporation/Shares Certificate
VALID TRADE
LICENSE
02.
Minimum of 3 months before expiration
PASSPORT COPY
& VISA PAGE
03.
- Beneficial Owners / Shareholders - Authorized Signatory/ies - Person/s who will operate the account
BOARD RESOLUTION
04.
Stating the intention to open an account and its purpose, with information of the person who will operate the account.
AUTHORIZATION
LETTER
For the people who are authorized by the company to communicate with the refinery for any services or to give any instructions of pick up/ Delivery of the metals. (see attached draft to be printed on your company letterhead)
LATEST UTILITY BILL
OR TENANCY CONTRACT
05.
- Registered Address (as per the license)
- Office/Principal Address (primary address where the business activity is performed)
- Each beneficial owners/directors/signatories of the company
VAT REGISTRATION
CERTIFICATE/ TRN
NUMBER
06.
UNDERTAKINGS
07.
OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas
Kindly email the compliance team at [email protected] for the detailed account opening and onboarding details.
IMPORTANT
INFORMATION
- We only accept documents in English or Arabic. - The list above are basic minimum requirements, we may request for additional supporting documents. - Documents and information including the company, shareholders, beneficial owners, and person/s who will operate the account are processed and checked against the World-Check database and other third-party due diligence software and service providers as part of our compliance
procedure.
- For further assistance and clarification, please contact the Compliance Department by phone at +971 4 874 8668 or by email at [email protected] - All client's information will remain confidential and not to disclose it to anyone. - Sam Precious Metals should acknowledge the recipient of all account opening document and reserve the right to accept or reject the application without disclosing the reasons.
