Legal notice

Information about Yard Mint, our payment policies, tax treatment and financial-crime controls.

Company information

Yard Mint is a trading name of The Yard Mint Limited, a private limited company registered in England and Wales.

Nature of our business

Yard Mint sells physical precious metals, bullion, collectable coins, Goldbacks and related products.

We are a retailer of physical goods. We do not accept deposits, provide personal investment advice, provide tax advice or guarantee that any product will increase in value.

Where storage is offered, it is provided as an ancillary service relating to physical products purchased by the customer. Customer money is not held as a bank deposit or savings account.

VAT and tax information

Certain products meeting the statutory definition of investment gold are exempt from VAT. Other products, including silver and gold products that do not qualify as investment gold, may be subject to VAT at the applicable rate.

The VAT treatment applied to each order will be reflected in the product price and, where applicable, the customer’s invoice.

Certain UK legal-tender coins may benefit from Capital Gains Tax treatment that does not apply to other precious-metal products. Tax treatment depends on the product and the customer’s individual circumstances.

ⓘ International orders: Prices do not include import duties, local taxes, customs clearance charges or carrier handling fees imposed by the destination country. These charges are the responsibility of the recipient and are not paid or reimbursed by The Yard Mint Limited.

Important: Information on this website is general information only and does not constitute financial, investment, legal or tax advice. Customers should obtain independent professional advice where required.

Anti-money laundering and financial-crime controls

Precious metals are portable stores of value and can present an increased risk of fraud, money laundering, sanctions evasion and other financial crime.

Yard Mint maintains risk-based procedures intended to prevent its products and services from being used for unlawful purposes.

Depending on the value, nature and risk profile of an order, we may require:

• Verification of the customer’s identity and residential address.
• Verification of a company, its directors and beneficial owners.
• Confirmation that the payment account belongs to the customer.
• Information concerning the purpose of the purchase.
• Evidence of the source of funds or source of wealth.
• Proof of ownership or lawful provenance for products offered in payment or for sale.
• Sanctions, politically exposed person and adverse-media screening.
• Additional information reasonably required to complete our checks.

Customers must provide accurate and complete information. We may refuse, pause or cancel an order where requested information is not provided, cannot be verified or gives rise to legal, regulatory, fraud or financial-crime concerns.

Cash and payment policy

This prohibition includes:

• Cash handed to Yard Mint or its representatives.
• Cash sent through the post.
• Cash paid to another person on our behalf.
• Over-the-counter cash deposits made directly into a Yard Mint bank account.

Manual payments must be made by electronic bank transfer from an account held in the name of the customer or purchasing business.

We do not ordinarily accept anonymous payments, unexplained third-party payments, deliberately divided payments, payment from multiple unrelated accounts or overpayments.

Where a third-party payment is exceptionally approved, we may verify both the customer and the person providing the funds before accepting the transaction.

Refunds will normally be returned to the original payment method or originating bank account. We will not redirect refunds to an unrelated account or person.

Payment using Goldbacks or other precious-metal products

We may request identification, purchase records, provenance information or other evidence demonstrating lawful ownership. We may decline any product-based payment without providing detailed reasons.

A product offered in payment is not treated as cash and will not be accepted anonymously.

Transaction monitoring

We may review orders that are unusually large, complex, inconsistent with a customer’s known activity, divided into multiple transactions, funded by unrelated parties or otherwise outside normal commercial expectations.

Separate orders and payments may be treated as linked where the surrounding circumstances indicate that they form part of the same transaction or arrangement.

Yard Mint may retain transaction, delivery, payment, customer-verification and communications records for legal, tax, fraud-prevention and compliance purposes.

Sanctions compliance

Yard Mint does not knowingly conduct business that would breach UK financial or trade sanctions.

We may screen customers, beneficial owners, payment parties, delivery recipients, suppliers and counterparties against applicable sanctions information.

Where required by law, we may stop a transaction, restrict access to relevant assets or products and report the matter to the Office of Financial Sanctions Implementation, the National Crime Agency or another appropriate authority.

We may be legally prohibited from providing further information concerning a review or report.

Right to refuse business

Yard Mint reserves the right to refuse, cancel or limit any order where necessary to:

• Comply with applicable law.
• Comply with sanctions requirements.
• Prevent fraud or financial crime.
• Protect Yard Mint or its customers.
• Comply with the requirements of our banks, insurers, payment providers or logistics partners.
• Address concerns regarding payment ownership, product provenance or customer identity.

Any refund will be handled in accordance with applicable law and will normally be returned to the verified original source of funds.

Personal information and verification records

Personal information collected for identity verification, fraud prevention, sanctions screening and legal compliance will be handled in accordance with our Privacy Policy and applicable data-protection law.

We may use appropriately vetted third-party identity, fraud and sanctions-screening providers to carry out these checks.

Updates

This notice may be amended from time to time to reflect changes to our business, payment methods, risk controls or applicable law.