Banking / Ethics

Payment

We provide easy to read settlement statements in accordance with your contract/agreement and no stealth charges.

 

Payment is made electronically to your nominated bank account within 15 to 21 working days of settlement depending on the type of commodity.

 

We use the London Bullion Market PM Exchange on Kitco for pricing.

JRI Anti Money Laundering Program & Bank Secrecy Act

Regulations have been imposed on the precious metal industry under the anti-money laundering program (AML) and the Bank Secrecy Act (BSA).

 

JRI as well as the federal regulators request that all relevant information be obtained from potential customers to eliminate any risk of breaking the law.

US Foreign Corrupt Practices Act Of 1977

The Foreign Corrupt Practices Act of 1977 [FCPA] was enacted for the purpose of making it unlawful for certain classes of persons and entities to make payments to foreign government officials to assist in obtaining or retaining business.

 

Specifically, the anti-bribery provisions of the FCPA prohibit the willful use of the mails or any means of instrumentality of interstate commerce corrupt in furtherance of any offer, payment, promise to pay, or authorization of the payment of money or anything of value to any person while knowing that all or a portion of such money or thing of value will be offered, given or promised directly or indirectly, to a foreign official to influence the foreign official in his or her official capacity, induce the foreign official to do or omit to do an act in violation of his or her lawful duty, or to secure any improper advantage in order to assist in obtaining or retaining business for or with, or directing business to , any person.

Conflict-Affected & High Risk Areas

High standards and ethical conduct remains a top priority at Just Refiners USA, Inc. JRI will not conduct business with any company involved in the following:

 

  • The presence of an international or non-international armed conflict
  • The transition from an armed conflict to peace
  • Widespread or serious human rights violations
  • Political and social instability or repression
  • Institutional weakness or collapse of state infrastructure
  • JRI Anti-Money Laundering Program
Bobby Boekhoud
Beve Boekhoud
Carmen Arbizo
Marco Barragan