What the law says about buying gold

Buying gold is unrestricted in France. What the law regulates is how you pay, how the buyer is identified and how gold crosses borders.

Payment

An individual resident in France cannot pay a business in cash for amounts above 1 000 €. Above that, payment is made by bank transfer, cheque or card. For distance sales, we only accept bank transfers from an account in the buyer's name: this is both a traceability requirement and a protection for you.

Identification

As an authorised bureau de change (changeur manuel), we are subject to anti-money laundering rules. In practice, we must verify your identity for every transaction. For every online order, whatever the amount, we ask for a copy of your identity document (identity card, front and back, or passport) and proof of address dated within the last three months, to be uploaded during the order. Above 10 000 €, we may ask you to state the source of the funds. These documents remain in your customer file, are never passed on to commercial third parties, and are kept for the period required by the regulations.

Borders

If you travel with gold, be aware that coins containing at least 90 % gold are treated as cash under European regulations: from a value of 10 000 €, a customs declaration is mandatory when entering or leaving the European Union and, in the case of France, also when travelling to or from other EU countries.

What we guarantee

• Every product is authenticated, weighed and checked before it is handed over.
• You receive an invoice in your name detailing the product, the weight, the price and the date.
• We are registered with the ACPR under number 80008 and keep the register of precious metal transactions required by the French General Tax Code (code général des impôts).