ID Documents Required for Each Account Type
When setting up an account for trading precious metals with BULLIONMARK, specific identification documents are required to verify your identity and comply with regulatory standards. Below is a detailed list of the ID documents required for each account type.
Individual Accounts
For individual accounts, the following documents are typically required:
Proof of Identity (one of the following):
- Passport
- Driver's License
- National ID Card
Proof of Address (if not included on your Primary Document above):
- Utility Bill (electricity, water, gas)
- Bank Statement
- Government-issued correspondence
Joint Accounts
For joint accounts, each account holder must provide the following documents:
Proof of Identity (for each account holder, one of the following):
- Passport
- Driver's License
- National ID Card
Proof of Address (if not included on your Primary Document above):
- Utility Bill (electricity, water, gas)
- Bank Statement
- Government-issued correspondence
Business/Company Accounts
For business or company accounts, the following documents are required:
Company Registration Documents:
- Certificate of Registration
- ASIC Company Extract/Renewal Statement demonstrating all Officeholders, and Shareholders.
Proof of Identity (for each director and beneficial owner):
- Passport
- Driver's License
- National ID Card
Proof of Address (for each director and beneficial owner, if not included on the Primary Document above):
- Utility Bill (electricity, water, gas)
- Bank Statement
- Government-issued correspondence
Resolution of the Board of Directors authorising the account opening and appointing authorised signatories.
Family or Regulated Trust Accounts
For family or regulated trust accounts, the required documents depend on whether the trustees are individuals or a corporate entity.
Individual Trustees:
Trust Deed: A copy of the trust deed, detailing the trust's structure and the trustees' powers.
Proof of Identity (for each individual trustee and beneficiary):
- Passport
- Driver's License
- National ID Card
Proof of Address (for each individual trustee and beneficiary, if not included on the Primary Document above):
- Utility Bill (electricity, water, gas)
- Bank Statement
- Government-issued correspondence
Letter of Authority: A letter from the trustees authorising the opening of the account and appointing authorised signatories.
Corporate Trustees:
Trust Deed: A copy of the trust deed, detailing the trust's structure and the trustees' powers.
Company Registration Documents:
- Certificate of Registration
- ASIC Company Extract/Renewal Statement demonstrating all Officeholders, and Shareholders.
Proof of Identity (for each director and beneficial owner of the corporate trustee):
- Passport
- Driver's License
- National ID Card
Proof of Address (for each director and beneficial owner of the corporate trustee, if not included on the Primary Document above):
- Utility Bill (electricity, water, gas)
- Bank Statement
- Government-issued correspondence
Resolution of the Board of Directors of the corporate trustee authorising the account opening and appointing authorised signatories.
Self-Managed Superfund Accounts (SMSFs)
For Self-Managed Superfund accounts, the required documents depend on whether the trustees are individuals or a corporate entity.
Individual Trustees:
Trust Deed: A copy of the SMSF trust deed.
Proof of Identity (for each individual trustee):
- Passport
- Driver's License
- National ID Card
Proof of Address (for each individual trustee, if not included on the Primary Document above):
- Utility Bill (electricity, water, gas)
- Bank Statement
- Government-issued correspondence
Australian Taxation Office (ATO) Documentation: Proof of SMSF registration with the ATO.
SMSF Investment Strategy: A documented investment strategy for the SMSF.
Corporate Trustees:
Trust Deed: A copy of the SMSF trust deed.
Company Registration Documents:
- Certificate of Registration
- ASIC Company Extract/Renewal Statement demonstrating all Officeholders, and Shareholders.
Proof of Identity (for each director and beneficial owner of the corporate trustee):
- Passport
- Driver's License
- National ID Card
Proof of Address (for each director and beneficial owner of the corporate trustee, if not included on the Primary Document above):
- Utility Bill (electricity, water, gas)
- Bank Statement
- Government-issued correspondence
Resolution of the Board of Directors of the corporate trustee authorising the account opening and appointing authorised signatories.
Australian Taxation Office (ATO) Documentation: Proof of SMSF registration with the ATO.
SMSF Investment Strategy: A documented investment strategy for the SMSF.
What's Next?
Providing the correct identification documents is crucial for setting up your account with BULLIONMARK. These documents help ensure compliance with regulatory requirements and protect your investment. If you have any questions or need assistance with the documentation process, our customer support team is here to help.
If you require further information, please contact our team on 07 3184 8400, or email us at support@bullionmark.com.
For more information on registering these different account types on our trading platform, please click here:
To register a new account, please click here.