huntergatherer

I bought Au two years ago near $600 and will be buying more when there are opportunities. I am up 30%, on a straight forward comparison, despite falling Au dollar price as I bought in sterling. (£315/oz spot compared to around £450/oz now and this does not include extra premiums through coin shortages) Prices drifting down to $600/$500 or possibly lower present real buying opportunities IMHO with inflation ahead in a few years time.

Can't say I'm convinced your average bank clerk could legally act as a bank officer, but if GoldMoney are happy with it then all to the good!

 

"A bank officer is an employee of a bank endowed with the legal capacity to agree to and sign documents on behalf of the institution. The title is usually held by branch managers, assistant managers, loan officers, and other experienced personnel. Executives and others holding titles such as "Vice President" are considered officers of the bank for legal purposes.

 

The title is also used to designate those branch personnel who act in a supervisory capacity. In larger banks, an officer at the branch level sometimes reviews accounts and makes decisions on whether to honour NSF items or to return them. Such decisions are usually left up to those who are legally responsible to act on behalf of the bank."

http://en.wikipedia.org/wiki/Bank_officer

You are right. Checked application. The bank clerk held a senior teller position and the application in principle was approved by the branch manager beforehand. GM also do their job properly. Me? I think I have double posted! Sorry

Can't say I'm convinced your average bank clerk could legally act as a bank officer, but if GoldMoney are happy with it then all to the good!

 

"A bank officer is an employee of a bank endowed with the legal capacity to agree to and sign documents on behalf of the institution. The title is usually held by branch managers, assistant managers, loan officers, and other experienced personnel. Executives and others holding titles such as "Vice President" are considered officers of the bank for legal purposes.

 

The title is also used to designate those branch personnel who act in a supervisory capacity. In larger banks, an officer at the branch level sometimes reviews accounts and makes decisions on whether to honour NSF items or to return them. Such decisions are usually left up to those who are legally responsible to act on behalf of the bank."

http://en.wikipedia.org/wiki/Bank_officer

Good to hear i'm wrong about that, but which category of acceptable certifier does bank clerk come under? Surely cashiers can't claim to be accountants or notaries?

A bank clerk is under the last category of the seven listed; 'a director, officer or manager of a regulated financial services business which is operating in a well-regulated jurisdiction' and goes on to include within the definition branches of regulated financial services businesses.

I need to diversify on silver, I meant to do it for months.

Quick question for Goldmoney users. I am going through the CAP documentation and I need certification of my passport photocopy from an authorised body. What type of free officer did you use, do you know whether a bank clerk is enough?

Cheers.

In answering your question, yes a bank clerk is enough to certify a passport photocopy for GM as I have done this myself.

I went to my local branch. It obviously does help if you are a regular client and are known but not essential. However, from my own experience, some banks have a strict policy not to certify IDs and do not bother going to the police as they say they are not allowed to do this!

Not sure that BV do silver . . .

GM are also 'offshore' (on Jersey) unlike BV which is UK mainland. I think you pay for what you get.