Precious metal jewelry wholesalers and manufacturers require customers to undergo a verification process before they can purchase from them. If you're a customer working with a USA-based precious metal vendor, you may wonder why this step is necessary.

Compliance with Anti-Money Laundering (AML) laws and regulations

The anti-money laundering (AML) provisions of the US Patriot act require all U.S. dealers of precious metals, precious gemstones and jewelry containing precious metals to gather certain information about their customers. These regulations are designed to prevent money laundering, terrorist financing, and other illicit financial activities. By implementing a structured application process, we are able to gather necessary information about the nature of our customer's business and sources of funding in order to assess the level of risk associated with each customer.

JK Findings, as a U.S. dealer of precious metal findings and jewelry, requires customers to complete an application in order to comply with the AML provisions. 

Building Stronger Relationships with Customers

At JK Findings, we take pride in supporting our customers worldwide. By providing each customer with a dedicated account manager and customer service representative, we offer personalized assistance with product selection, order placement, and other inquiries. This level of service ensures that our customers are satisfied with their purchases and fosters loyalty, increasing the likelihood of them returning in the future.

To learn more about how JK Findings can assist your business in the jewelry industry, please contact us today.

If you are ready, you can apply here to become our valued customer.

More about JK Findings

JK Findings has been a premier manufacturer and wholesaler of precious metal components and fine jewelry since 1975.  We provide a broad selection of precious metal jewelry findings, beads, chains, wire, finished, and custom jewelry in 9K, 10K, 14K, & 18K Gold; 1/20 10K, 12K, & 14K Gold Filled; and .925 Silver. At JK Findings, you can expect excellence in quality, selection, service, and price.