The Contract Completion Guarantee requires you to pay for bullion within two days of placing your order. It serves as a check that the credit card (which must be in your name) is valid and agreement that you will pay an administration fee and for losses if you do not settle your account.
By providing a Contract Completion Guarantee, you agree that:
The Perth Mint may arrange a third party to charge a $0 pre-authorisation fee in order to validate your credit card and protect The Perth Mint against suspected fraudulent activity; and
The Perth Mint may charge an AUD 150 administration fee, plus the cost of any other losses to your credit card, in the event that a bullion transaction is not settled within two business days of your order.
Please note that while a credit card is required for a Contract Completion Guarantee, other payment methods are available for bullion purchase and will appear in checkout.