KYC stands for Know Your Customer.

In order to purchase Karatbars gold products, we will need a verification of your identity and residency.
After the approval you will be able to place your first purchase.

Please make sure the documents meet the following requirements:

1. A valid, Government issued ID with the matching name, a clear picture in colour and the DOB.
2. A Utility bill like a gas-, phonebill, etc. not older than 6 months that clearly states the name/Company name, address and a date. NO ENVELOPES, NO SCREENSHOTS OR ONLINE BILLS.

For business accounts we need the following additional documents:

3. Filed Articles of Incorporation, Articles of Organization, etc. (completed documents submitted to a State or Government). A Company submitted to Karatbars for approval MUST be in “Good standing”.
4. Evidence that the individual submitting the documents is authorized to contract and transact business on behalf of the Company.
5. EIN/VAT, etc. document.

PLEASE NOTE: Karatbars verifies information with various regulators but may require additional documents from the affiliate on a case by case basis.

IMPORTANT: The ID card, the utility bill and/or the company registration documents must be kept in separate files.

However, the company registration documents should be loaded as ONE PDF file so the documents may be considered as ONE package of information. This will speed up the approval process.

General file requirements:
– Maximum size per file is 10 MB.
– Allowed file formats: JPG, JPEG, GIF, PNG, PDF.

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Pricing, Product & Affiliate Program Overview and Key Points

Karatbars International
Pricing, Product & Affiliate Program Overview and Key Points

1. Security – Karatbars is the leader among competitors in the industry of small weight 999.9 24K gold bullion
• Burden of proof is on the seller when exchanging gold back into cash which is why Karatbars International embeds their gold in a card that documents it’s authenticity using hologram technology and a DNA bath.
• Hologram technology – Originally trademarked as kinebar-quality by a Swiss bank.
• Karatbars uses hologram technology trademarked as Karatbar-Quality.
• Karatbars improved authenticity certification in January 2015 with the introduction of DNA technology.
• DNA Technology – Genetic markers bathe the card & the gold. This can then be seen with black light technology to verify the authenticity of the gold sealed within the card. Continue reading

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When Do I Get My Karatbars Pre-Paid MasterCard?

A Pre-Paid Master Card is created and shipped to the affiliate automatically once he/she has earned a total of € 20 in commissions, as we need to deduct € 20 for the creation of the card from the commissions.

Please note that the card must first be created and then shipped from the Pre-Paid Financial Services Head Office in London. This process can take between 3 to 6 weeks.  1 week for the creation of the card and 5 weeks delivery time depending on where you are located.

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August 1971

Nixon Ends Convertibility of US Dollars to Gold and Announces Wage/Price Controls
President Nixon prepares to announce new economic policies on a television broadcast.

Article from:

    President Richard Nixon’s actions in 1971 to end dollar convertibility to gold and implement wage/price controls were intended to address the international dilemma of a looming gold run and the domestic problem of inflation. The new economic policy marked the beginning of the end of the Bretton Woods international monetary system and temporarily halted inflation. Continue reading

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