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Ounceo

AML threshold policy

Last updated: 2026-05-21

Summary

Order value (USD)Verification required
Under $1,000None (shipping address only)
$1,000 – $5,000Verified email + IP consistency check
$5,000 – $25,000Simplified KYC (passport + selfie)
Above $25,000Full KYC + source-of-funds attestation
Cumulative $10,000+ / 30d to same addressSimplified KYC regardless of single-order size

Why these thresholds

Our $5,000 per-order threshold sits below the legal trigger in every major jurisdiction we ship to: US FinCEN ($10,000), EU AMLD6 (€10,000), UK HMRC (€10,000), Switzerland FINMA (CHF 15,000), UAE DMCC (AED 55,000), FATF Recommendation 22 (USD/EUR 15,000). The conservative buffer protects us against retroactive interpretation by regulators.

Cumulative aggregation

We aggregate all orders shipped to the same address within a rolling 30-day window. Splitting orders to evade verification (structuring) is illegal in most jurisdictions and we will trigger KYC on the cumulative basis.

Sanctions screening

All orders are screened against OFAC SDN, EU consolidated, UK consolidated, and UN consolidated sanctions lists at the shipping-address level. For orders above $5,000, we additionally screen incoming wallet addresses against Chainalysis sanctions data.

Reporting obligations

Where required by the law of Switzerland (Canton of Zug) or the jurisdiction in which we hold dealer registration, we will file suspicious-activity reports. We do not voluntarily share customer data with regulators absent legal process or a clear AML trigger.

What this is not

This policy is not a guarantee of unlimited anonymity. It is a transparent application of AML rules to crypto-paid bullion. Dealers that claim "no KYC ever" are either lying, structurally non-compliant, or operating below regulator attention — none of which is a stable business model.