Why We Follow KYC Requirements
To comply with Australian regulations, Black Sheep Bullion implements Know Your Customer (KYC) procedures for certain transactions. This ensures our business remains secure, transparent, and aligned with national AML/CTF standards.
Our KYC approach is designed to be simple, respectful, and as unobtrusive as possible — while still meeting legal expectations.
When Identification May Be Required
We may request customer verification when:
- A transaction reaches certain value thresholds
- A pattern of buying or selling appears unusual
- Additional clarity is needed to confirm identity
- Required under AU AML/CTF obligations
Not all transactions require full verification, but we will advise when documentation is necessary.
What You May Be Asked to Provide
Identification documents may include:
- Australian driver’s licence
- Passport
- Proof of address
- Company details (for business transactions)
- Additional information may be requested depending on the nature of the transaction.
How Verification Works
Our process is designed to be quick and straightforward:
- We notify you if verification is required
- You provide the necessary documents
- We confirm your identity securely
- Once verified, we proceed with the transaction
We aim to make this step as seamless as possible.
Your Privacy Comes First
Any information provided for KYC purposes is treated with strict confidentiality.
We do not sell, share, or distribute client information except where legally required.
Get Ready to Verify and Proceed
We're always open to a direct conversation if you’re unsure what is needed. Contact Black Sheep Bullion and get KYC Assistance.