Common use of SALE AND PURCHASE OF GOLD Clause in Contracts

SALE AND PURCHASE OF GOLD. a. Purchasing Gold: You may purchase Gold through the Goldmoney Platform in accordance with this Agreement by way of payments made with currency from a personal authorised bank account, virtual currency wallet, debit or credit card, in your own name which you have linked to your Goldmoney Personal or Business Account. In certain circumstances, Goldmoney may be required to reject a wire sent to it and will be unable to settle a purchase of Gold as instructed. This may happen if the details you provide are insufficient, the receiving institution cannot be identified, amounts less than 2 GAU, or the currency is not one of the currencies accepted by Goldmoney from time to time. Incoming wire transfers will be rejected if they are sent from a third party or from a bank in a country which Goldmoney, in its discretion, deems to pose a high risk. When you send a wire transfer or use a debit card to purchase Gold, you are requesting an electronic transfer from your bank account. For these transactions, Goldmoney will make electronic transfers from your bank account in the amount you specify. You agree that such requests constitute your authorization to Goldmoney to make the transfers. Once you have provided your authorization for the transfer, you will not be able to cancel the electronic transfer. You give Goldmoney the right to resubmit any debit you authorised that is returned for insufficient or uncollected Gold. Goldmoney’s minimum buy order is 0.25

SALE AND PURCHASE OF GOLD. a. Purchasing Gold: You may purchase Gold through the Goldmoney Platform in accordance with this Agreement by way of payments made with currency from a personal authorised bank account, virtual currency wallet, debit or credit card, in your own name which you have linked to your Goldmoney Personal or Business Account. In certain circumstances, Goldmoney may be required to reject a wire sent to it and will be unable to settle a purchase of Gold as instructed. This may happen if the details you provide are insufficient, the receiving institution cannot be identified, amounts less than 2 GAU, or the currency is not one of the currencies accepted by Goldmoney from time to time. Incoming wire transfers will be rejected if they are sent from a third party or from a bank in a country which Goldmoney, in its discretion, deems to pose a high risk. When you send a wire transfer or use a debit card to purchase Gold, you are requesting an electronic transfer from your bank account. For these transactions, Goldmoney will make electronic transfers from your bank account in the amount you specify. You agree that such requests constitute your authorization to Goldmoney to make the transfers. Once you have provided your authorization for the transfer, you will not be able to cancel the electronic transfer. You give Goldmoney the right to resubmit any debit you authorised that is returned for insufficient or uncollected Gold. Goldmoney’s 's minimum buy order is 0.25