KYC and AML for jewelry and gems

High-value gold, silver and Welo opal pieces, and loose gemstones, are treated as higher-risk goods. We will not complete an international sale of those categories without customer due diligence. That is a red-flag issue in any jurisdiction, including Ethiopia.

What we will ask before a jewelry or gem sale

• Full legal name, nationality, and residential or registered address.
• Government identity document; corporate buyers: registration papers and controllers.
• Source-of-funds explanation proportionate to the value.
• Destination, end use, and whether the buyer is acting for someone else.
• Sanctions and PEP screening as the desk builds that capability.

What we will not do

• Take anonymous card payments for gold or opal jewelry from this catalog.
• Ship precious minerals without the export competence those goods require.
• Invent a Mines certificate of competence or an NBE gold-channel approval.

Food and agro lots

Coffee, sesame, honey and teff still need quality and phytosanitary papers on shipment. They are not a substitute for mineral KYC, but they are not anonymous either.

Questions: [email protected].