Customer herein Acknowledges that:
Each transaction made by the customer is a purchase or sale of physical precious metals product for immediate delivery and is not a “FUTURES CONTRACT, OPTION ON A FUTURES CONTRACT” OR “SECURITIES” transaction.
The choice of payment in full or the use of allocated financing is that of the customer.
Purchases made for drop shipment (Home Delivery) must be paid in full, including all related costs, prior to shipment.
Customer has the intent, but not the obligation to take home delivery.
That all conversations between Customer and INTERNATIONAL METALS GROUP INC. may be recorded.
That all orders (purchase or sale) placed by Customer with INTERNATIONAL METALS GROUP INC. are final and therefore, are not subject to cancellation or modification, unless mutually agreed to in writing by Customer and INTERNATIONAL METALS GROUP INC
The decision of the Customer to purchase or sell bullion product/s is solely that of the customer. The Customer is aware of the inherent risks involved in owning precious metals.
Separate fees charged to the Customer by INTERNATIONAL METALS GROUP INC. are a maximum of 15% of the total market value of metals on the first purchase only and 0% of the total market value of metals on subsequent sales or purchases of any or all of original metals for a period of 36 months. Any additional purchases of new metal above and beyond the first ounces purchased will be subject to the same fees structures. Renewal of these fees structures are automatic on the first purchase beyond 36 months unless otherwise agreed upon in writing by INTERNATIONAL METALS GROUP INC. and the client.
Notwithstanding the forgoing the Customer agrees herein to first submit to binding arbitration any and all unsettled disputes, the results of which shall be an enforceable judgment, in favor of the prevailing party, lodged with the Supreme Court of the Province of Ontario.
When completing this customer acknowledgement, please enter the information based upon the following account types:
If you also choose to open an account with Precious Metals International, Ltd. (PMI), the information you enter on this Acknowledgement will be forwarded to PMI for use on their Account Opening Paperwork. For Joint Accounts and Corporate Accounts, you will be asked to provide additional information.
By submitting this document electronically, you are:
Agreeing under penalty of perjury, that the information you provide is true and accurate as of the date of your submission; and
That you agree to be legally bound by this document with the same authority that would be granted under your personal signature.
You hereby consent and agree that the use of a key pad, mouse or other device to select an item, button, icon or similar act/action while using any electronic service we offer; or in accessing or making any transactions regarding any agreement, acknowledgment, consent, terms, disclosures or conditions constitutes your signature, acceptance and agreement as if actually signed by you in writing. Further, you agree that no certification, authority or other third party verification is necessary to validate your electronic signature; and that the lack of such certification or third party verification will not in any way affect the enforceability of your signature or any resulting contract.
In order to complete and submit this document, you must acknowledge your agreement to the terms above.