Offer your clients surety with Australia’s precious metals specialist
Trusted by more than 30,000 clients in over 130 countries, help strengthen your clients’ portfolios with The Perth Mint’s flexible and secure depository services.
To find out more about becoming an authorised distributor, email email@example.com
Safe, simple and secure precious metals investing
Precious metals are recognised as an essential element of a diversified investment portfolio, helping investors protect their wealth against fluctuations in the value of other asset classes. In the face of market turbulence, they have proven to increase in value as alternative assets diminish.
The Perth Mint Depository was created in 1994 to enable clients to invest in precious metals without the need to take physical delivery. For almost a quarter of a century, our depository has offered the only government guaranteed investment and storage program in the world. Located in the safe geopolitical environment of Western Australia you will have peace of mind that your assets are secured in Perth in the most extensive network of central bank grade vaults in the southern hemisphere.
To ensure investors are well supported in managing their asset portfolios, we have established a network of international distributors. As a Perth Mint authorised distributor, you will benefit from the ability to offer our world class storage facilities along with the choice of three of our strongest depository storage solutions:
- Perth Mint Depository Distributor Online (PMDDO)
- Perth Mint Certificate Program (PMCP)
- Perth Mint Omnibus Account (PMOA)
Membership has its privileges
As a Perth Mint authorised distributor, you will join a select group who have exclusive approval to offer a range of our trusted precious metal investment and storage solutions to their clients directly.
Being part of this global network provides you with the full support of The Perth Mint depository team. You are able to manage and build your client relationships directly, while leveraging the unique strengths of The Perth Mint to help grow your business.
World’s only government guarantee
The Perth Mint is 100% owned by the Government of Western Australia and operates under an explicit government guarantee contained within the Gold Corporation Act 1987, covering fully the offerings and obligations of the depository program. Western Australia holds the highest possible short term Standard and Poor’s credit rating of A1+ which means The Perth Mint’s capacity to meet any financial commitments to you and your clients is assured.
Trusted to secure the wealth of your clients
Individual investors, superannuation funds, sovereign wealth funds and even central banks trust us to manage and securely store their precious metals. The Perth Mint Depository presently holds more than AUD 3.1 billion of gold and silver, with every ounce held being backed by physical precious metals, comprehensively insured through Lloyds of London.
Accredited by leading gold exchanges
The Perth Mint is the only Australian refiner accredited for both gold and silver by the London Bullion Market Association (LBMA). As a certified refiner, weight master and assayer with the LBMA, our customers have confidence in the stated weight, purity and integrity of all Perth Mint products.
We are one of only a few global precious metal refiners accredited by all five of the world’s major gold exchanges:
- London Bullion Market Association (LBMA)
- New York Commodities Exchange (COMEX)
- Shanghai Gold Exchange (SGE)
- Tokyo Commodities Exchange (TOCOM)
- Dubai Multi Commodities Centre (DMCC)
These accreditations ensure that Perth Mint branded bars are internationally tradable and cements our reputation as a global leader in the precious metals industry.
High quality and efficient gold and silver refining
Australia is the second largest producer and the largest exporter of bars manufactured from newly mined gold doré in the world. With the capacity to process in excess of 700 tonnes of gold per annum, The Perth Mint operates one of the largest and most efficient refineries in existence, refining more than 90% of Australia’s newly mined gold doré together with gold sourced from countries within the Asia Pacific region. We are also the refiner of choice for gold jewellery and other secondary metal obtained from within Australia and from Asia.
Supporter of ethically sourced gold
With a commitment to obtain socially responsible precious metals, our refinery is endorsed under the Conflict-Free Smelter Program. We also abide by the responsible gold guidelines and standards set by the LBMA and the World Gold Council. This high level of compliance provides your clients with the promise that the metals in which they are investing are ethically sourced.
Flexible and secure investment solutions
We offer three investment and storage solutions to help safeguard the wealth of your clients.
Each solution is designed to satisfy the particular needs of our broad range of investors, and you can choose the one that suits your own business model. All solutions provide your clients with the universal benefits of:
- Security of the world’s only government guaranteed precious metals storage program
- Surety that every ounce invested is backed with physical precious metals, comprehensively insured
- Convenience of trading in either AUD or USD
- Choice of storage solutions:
- Allocated gold and silver
- pool allocated silver
- unallocated gold, silver and platinum
- Ability to convert from unallocated and pool allocated metal to allocated bars and coins at any time
- Flexibility to take physical delivery of your precious metals upon request
- Transaction confidentiality provided by secure administration and trading procedures
- Peace of mind that your assets are secured in Perth, Australia, in the most extensive network of central bank grade vaults in the southern hemisphere
Perth Mint Depository Distributor Online (PMDDO)
PMDDO allows you and your clients to buy and sell precious metals via a secure, co-branded digital trading portal 24 hours a day, 7 days a week. This option suits investors who wish to react quickly to the dynamic precious metals markets.
Perth Mint Certificate Program (PMCP)
PMCP is only available through our authorised distributors. The program enables your clients to buy and sell precious metals and store it safely within our secure vaults. This option will suit investors who prefer to deal directly with a local distributor but with the added protection of a direct legal relationship with The Perth Mint.
Your clients will be issued with a uniquely numbered Precious Metal Certificate in their name which provides definitive proof of The Perth Mint’s authority as a government owned institution. This certificate confirms their legal title to a specific amount of precious metal that we store on their behalf. It also provides assurance that their precious metal is safe from unauthorised sale or collection as redemptions can only be made against the physical certificate.
With PMCP you can set your own client transaction fees and your clients can trade through you at a time which is convenient to them.
Perth Mint Omnibus Account (PMOA)
PMOA is a single account opened in the name of your business. It enables you to offer precious metal storage to your clients backed by a metal holding of your own at The Perth Mint, with all of the benefits that this provides. From your Omnibus account, you can operate your own series of sub accounts for your clients, all managed directly by you. The Perth Mint will have no knowledge of these accounts or the identity of the account holders, providing another level of privacy for your clients.
This option gives you the ability to offer metal directly to your clients with little or no reference to The Perth Mint. However, if you choose to promote the Mint, you can do so by advising that the metal is secured in our world class storage facilities. It is important to note that your clients would have no direct claim on The Perth Mint and that you will need to comply with any applicable laws in your jurisdiction.
Your Omnibus Account can be set up as either an online or offline account to suit your particular business model. The Perth Mint will review the collective metal holdings of your account to determine the fee structure.
To read more about our precious metal storage solutions, and for a full list of fees and charges please visit perthmint.com.au/storage.
The easiest way to manage your clients’ investments
Our mobile friendly portal means your clients can access live pricing, review their portfolio and buy and sell precious metal anytime, anywhere. The platform is underpinned by 128 SSL encryption and the highest levels of security to protect investors’ assets. With a minimum transaction amount of $50, trading in precious metals has never been easier or more accessible.
Depository Online Distributor Platform
The administration required by you on PMDDO accounts is minimal. The Depository Online Distributor Platform provides a co-branded trading portal from which your clients can open Perth Mint Depository Distributor Online (PMDDO) accounts.
The co-branded portal allows you to promote your own brand and services, whilst demonstrating that you are an authorised distributor of a leading precious metals enterprise with a global reputation for refining and minting excellence. Your clients will enjoy all the benefits of trading and storing precious metals as a PMDDO customer.
The platform ensures that you can continue to maintain and manage your own client base, as you own the customer relationship. Although we are required under Australian law to validate each account holder, all account management tasks and communications will remain with you.
The Depository Online Distributor Platform enables us to share a percentage of all transaction fees with you and a further percentage from the storage of allocated or pool allocated products.
Although your clients are able to create their own accounts online, as an authorised distributor you also have the ability to establish accounts on their behalf. Accounts can be created as personal, joint or corporate. Your client simply needs to choose one of the following options:
With this option you will operate all functions on their accounts, from buying and selling metal to withdrawing funds. Your client will only have access to view their account holdings and can do so only once you invite them.
With this option you will have view only access to their accounts. In this instance, your client will operate their accounts including all transactions and withdrawals.
To find out more about becoming an authorised distributor, email firstname.lastname@example.org