Burkina Faso [industrial permit holder] → Switzerland (refine) · Bank onboarding, title transfer and settlement

Mine and process ore under a large- or small-mine industrial permit

من

Industrial mine (large or small mine permit holder)

يتطلب

Industrial exploitation permit (large or small mine)

الشكل

Ore (in situ / run-of-mine) → Doré bar - unstamped

• Loi 016-2024/ALT, Arts 38, 69, 72, 73

Give BUMIGEB at least 72 hours notice; pour the doré in the presence of a BUMIGEB representative (pouring report); BUMIGEB samples the bars on site and assays the samples in its laboratory (sampling report; results to the Inspection des mines, DGMG and customs)

من

Industrial mine (large or small mine permit holder)

يُصدر

Pouring report (procès-verbal de coulée); BUMIGEB sampling report and assay results

الشكل

Doré bar - unstamped → Doré bar - stamped/exporter-sealed

[inferred] Décret 2018-0970 was made under the repealed Loi 028-2017 but has not been repealed; the BNAF report records 294 weighing-and-packing missions in 2023.

• Décret 2018-0970; Loi 016-2024/ALT, Décret Arts 2, 10, 12-14; Code Arts 45, 247

Transform or add value to the share of output fixed by decree inside Burkina Faso (local refining obligation)

من

Industrial mine (large or small mine permit holder)

[not-read] the arrêté fixing the proportion was not found.

• Loi 016-2024/ALT; Décret 2025-0379, Code Art. 70; Décret Arts 2, 3, 5, 7

Sell gold sold within Burkina Faso to the State or SONASP, including quantities requested under the State pre-emption (sold first to the State without compensation or price mark-up)

من

Industrial mine (large or small mine permit holder)

يتطلب

SONASP purchase agreement with an industrial mine; BUMIGEB sampling report and assay results

يُصدر

SONASP purchase record / receipt at a buying window

• Loi 016-2024/ALT; Décret 2025-0414, Code Arts 237, 246; Décret Art. 5

Declare and pay the proportional royalty on the turnover of gold extracted or sold, at the rate for the gold price band, within 21 days of the weighing report

من

Industrial mine (large or small mine permit holder)

يتطلب

Weighing and packing report (procès-verbal de pesée et de colisage) with specification sheet

يُصدر

Royalty (redevance proportionnelle) declaration and payment

[conflict] Décret 2018-0970 Art. 5 gives 60 days from the assessment notice; the model follows Décret 2025-0331 (later, specific to royalties), see bf.div-conflict-royalty-timing.

• Décret 2025-0331; Loi 016-2024/ALT, Décret Arts 4, 18, 21; Code Arts 156, 159

Request the Minister of Finance's prior authorisation to export gold by letter (Annex X contents), unless the company holds an exploitation and export licence exempting it under Annex X

من

Industrial mine (large or small mine permit holder)

يتطلب

Industrial exploitation permit (large or small mine)

يُصدر

Minister of Finance prior authorisation to export gold (UEMOA)

[conflict] Art. 20 lists only Treasury/BCEAO/articles/travellers as exempt while Annex X exempts licensed mining companies from the request, see bf.div-conflict-mef-exemption; the royalty-receipt precondition of r1 was removed: no text requires it.

• Règlement 06/2024/CM/UEMOA; Loi 016-2024/ALT, Règlement Art. 20, Annex X; Code Art. 69

Domicile the export with an authorised intermediary (above FCFA 20 million) and sign the engagement de change

من

Industrial mine (large or small mine permit holder)

يتطلب

Commercial invoice

يُصدر

Export domiciliation file at an authorised intermediary bank; Engagement de change (exports)

• Instruction 03/07/2025/RFE, Arts 3-5

Weigh and pack the gold in the presence of BUMIGEB, DGMG and customs; sign the weighing and packing report (producer, freight forwarder, administration) with the bar specification sheet and a commercial invoice at the last London fixing and the BCEAO reference rate of the day before shipment

من

Industrial mine (large or small mine permit holder)

يتطلب

BUMIGEB sampling report and assay results; Pouring report (procès-verbal de coulée)

يُصدر

Weighing and packing report (procès-verbal de pesée et de colisage) with specification sheet; Commercial invoice; Packing list

• Décret 2018-0970; Loi 016-2024/ALT, Décret Arts 3-4, 10; Code Arts 247, 273(5)

Complete customs formalities at the export office: detailed export declaration with the export title and engagement de change, and the attestation d'exportation

من

Industrial mine (large or small mine permit holder)

يتطلب

Weighing and packing report (procès-verbal de pesée et de colisage) with specification sheet; Export domiciliation file at an authorised intermediary bank; Engagement de change (exports); Attestation d'exportation de biens; Commercial invoice; Packing list

يُصدر

Customs export declaration (Burkina Faso); Attestation d'exportation de biens

[unconfirmed] "titre d'exportation" in Décret 2018-0970 Art. 8 is not defined in the texts read; [unconfirmed] certificate of origin issuer.

• Décret 2018-0970; Code des douanes 2025; Règlement 06/2024/CM/UEMOA, Décret Arts 7-8; Code Arts 101, 122-125; Règlement Annex II Arts 21-23

Secure the transfer of the gold through the national mine-security structure (ONASSIM) under the security service contract

من

Industrial mine (large or small mine permit holder)

يُصدر

Security service contract with ONASSIM

[inferred] the decree makes the structure compulsory for securing title holders' activities, which it defines to include transfers of mining products; whether it escorts every gold shipment is not stated.

• Décret 2025-0378, Arts 2-7, 10

Carry the doré from the mine to Ouagadougou airport and on to the foreign refiner; air waybill

من

Valuables carrier / airline

يتطلب

Customs export declaration (Burkina Faso)

يُصدر

Air waybill

[unconfirmed] carriage and air waybill are generic practice.

Onboard Dubai supplier: KYC pack, chain-of-custody statement, mine-of-origin/scrap declaration, DMCC/UAEGD audit reports

من

Swiss refiner (melter/trade-assayer licence, LBMA Good Delivery-listed)

يتطلب

Air waybill

يُصدر

Refiner file on the Dubai supplier: identity, commercial-register extract, proof of lawful acquisition (export permit/declaration, mining licence where applicable), SECO embargo check, origin clarification (kept for the period the EMKV sets: zehn Jahren); KYC questionnaire for mined material, naming each ASM supplier in the chain (team/cooperative, aggregators, local exporter); Independent assurance report on the Dubai refiner's responsible sourcing practices, as an Intermediate Refiner (RGG v9 s.2.3 enhanced due diligence for high-risk recycled gold); Site visit at the mine of origin before transacting (or within 6 months) - enhanced due diligence

[inferred] Asking for DMCC/UAEGD audit reports and a chain-of-custody statement is the model's application to a Dubai supplier; the LBMA Responsible Gold Guidance and the BAZG melter due-diligence directive do not name them. The EMKV duties are read in the official fedlex consolidation held on the server. In the EMKV record on the server these articles are parsed into the section labelled Anhang (section id in the refs), not into their own sections; the quotes are from that section.

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), EMKV (SR 941.311, Stand 1 Jan 2024) Art. 168a Abs. 1 (parsed into section sch-2)

  “Der Inhaber einer Schmelzbewilligung darf Schmelzgut nur von Per-”

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), EMKV (SR 941.311, Stand 1 Jan 2024) Art. 168a Abs. 1 (lawful acquisition) (parsed into section sch-2)

  “die sich über deren rechtmässigen Erwerb aus- weisen können.”

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), EMKV (SR 941.311, Stand 1 Jan 2024) Art. 168a Abs. 2 (identity) (parsed into section sch-2)

  “Es muss die Identität des Kunden anhand eines beweiskräftigen Do- kumentes wie Pass oder Identitätskarte überprüfen.”

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), EMKV (SR 941.311, Stand 1 Jan 2024) Art. 168a Abs. 3 (origin clarification) (parsed into section sch-2)

  “Bestehen über die Herkunft der Ware Zweifel oder stammen die An- gebote von Unbekannten, so ist der Inhaber der Schmelzbewilligung verpflichtet, die Herkunft des Schmelzgutes besonders sorgfältig abzu- klären.”

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), EMKV (SR 941.311, Stand 1 Jan 2024) Art. 168b Abs. 3 (retention) (parsed into section sch-2)

  “Schmelzprodukten müssen während zehn Jahren aufbewahrt werden.”

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), EMKG Art. 31a Abs. 1

  “Wer gewerbsmässig Schmelzgut im Sinne von Artikel 1 Absatz 3”

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), EMKG Art. 31a Abs. 6

  “Die Absätze 1-5 gelten nicht für Inhaber einer Schmelzbewilligung nach Artikel 24.”

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), BAZG Richtlinie R-247 (1 Jan 2023) annex matrix Teil 1 (KYC)

  “Identifikation des Kunden gemäss Art. 168a Abs. 2 EMKV für natürliche Personen, für juristische Personen mittels Han-”

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), BAZG Richtlinie R-247 (1 Jan 2023) Ziff. 3.3.2

  “Bestehen Zweifel über die Herkunft des Materials oder in Bezug auf die Integrität des Kunden sind Bewilligungsinhaber verpflichtet, den Sachverhalt besonders sorgfältig abzuklären”

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), RGG v9 Step 2.1 (origin of mined gold)

  “Mined Gold: The location of the mine (LSM and ASM).”

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), RGG v9 Step 2.2 (transit red flag)

  “Is claimed to originate from a country through which gold from CAHRAs is known, or reasonably suspected, to transit”

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), RGG v9 Step 1.2 (records)

  “Records are required to be maintained for at least five years, or the minimum timeframe stipulated by local regulatory requirements”

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), BAZG Schmelzen und Prüfen (Dec 2023) Ziff. 4.1.6 (restates Art. 168b Abs. 3)

  “Die Dokumente über den Geschäftsverkehr mit Schmelzgut und Schmelzprodukten müssen während zehn Jahren aufbewahrt werden.”

File the Swiss electronic customs import declaration (formal declaration; simplified or oral declarations excluded for melt material imported for sale), tariff heading 7108.1200 (statistical key 911 for mining gold), with actual origin if known; import VAT-exempt for investment gold (cast bars of at least 995 thousandths fineness bearing the fineness and the stamp of a recognised assayer-melter) and for gold in raw form or semi-finished for refining; unmarked doré may only be imported by a trade assayer (BAZG practice)

من

Swiss refiner (melter/trade-assayer licence, LBMA Good Delivery-listed)

يتطلب

Air waybill

يُصدر

Electronic customs import declaration (commercial import; simplified and oral declarations excluded for melt material)

The Federal Council report (citing the customs administration) says actual origin must be declared if known, but for large imports, e.g. from the United Kingdom or the UAE, the dispatch country is sometimes entered; [inferred] Dubai-refined Nigerian gold can therefore appear as UAE origin. [unconfirmed] That no certificate of origin is required is not stated in the sources read. No written precious-metals control record found for a passed border check. The rule that unmarked doré may only be imported by a trade assayer is BAZG practice (BAZG letter on unmarked melt products; BAZG directive on applying the EMKG); it is not in the EMKG import article. The EMKV (precious metals control ordinance) is not held on the server, so its provisions on recognised fineness marks and banking precious metals are not relied on here. Corrected earlier: the declaration was described as "Passar"; the BAZG melt-material sheet names e-dec web. [time-limited] When the BAZG-VG enters into force (date not set), the EMKG import-check paragraphs are repealed and replaced by a new BAZG control article (BAZG-VG annex amending the EMKG).

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), MWSTG (SR 641.20, Stand 1 Jan 2025) Art. 23 Abs. 2 Ziff. 12: gold supplies exempt

  “die Umsätze, die mit Gold und Legierungen von Gold der folgenden Form erzielt werden:”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), Art. 23 Abs. 2 Ziff. 12 Bst. b: investment gold, cast bars

  “Gold zu Anlagezwecken mit einem Mindestfeingehalt von 995 Tausendsteln, in Form von:”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), Art. 23 Abs. 2 Ziff. 12 Bst. b, first indent

  “gegossenen Barren, versehen mit der Angabe des Feingehalts und dem Stempelzeichen eines anerkannten Prüfer-Schmelzers oder”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), Art. 23 Abs. 2 Ziff. 12 Bst. d: raw or semi-finished gold for refining

  “Gold in Rohform oder in Form von Halbzeug, das zur Raffination oder Rückgewinnung bestimmt ist”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), MWSTG Art. 53 Abs. 1 Bst. m: import of gold exempt

  “Gold und Legierungen von Gold nach Artikel 23 Absatz 2 Ziffer 12.”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), AS 2024 438 (amendment of 16 June 2023, in force 1 Jan 2025): inserts Art. 53 Abs. 1 Bst. m

  “Gold und Legierungen von Gold nach Artikel 23 Absatz 2 Ziffer 12.”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), MWSTV Art. 44 (former gold provision) repealed

  “Aufgehoben durch Ziff. I der V vom 21. Aug. 2024, mit Wirkung seit 1. Jan. 2025”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), EMKG (SR 941.31) Art. 20 Abs. 3: import checks

  “Die diesem Gesetz unterstellten Waren können bei der Einfuhr einer umfassenden oder stichprobenweisen Kontrolle unterworfen werden.”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), BAZG statistics page: tariff heading 7108.1200

  “Data relating to gold in raw form (e.g. bars) are recorded under customs tariff heading 7108.1200”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), BAZG statistics page: statistical key 911 (from 1 Jan 2021)

  “mining gold *(key: 911)*”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), Federal Council report 14 Nov 2018, s.3.7

  “dass der tatsächliche Ursprung der Waren gemeldet werden muss, sofern er bekannt ist”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), Federal Council report s.3.7

  “Bei umfangreichen Einfuhren, zum Beispiel aus Grossbritannien oder den Vereinigten Arabischen Emiraten, wird in der Zollerklärung gelegentlich das Versendungsland angegeben.”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), BAZG R-247 (1 Jan 2023) s.3.4.2: unmarked melt products only imported by trade assayers

  “Daher sind ausschliesslich Handelsprüfer berechtigt, nicht gekennzeichnete”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), R-247 s.3.4.2 (doré bars as example)

  “(bspw. Doré-Barren aus dem Bergbau)”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), BAZG Merkblatt "Annahme von Schmelzgut aus dem Ausland" (Jan 2024): simplified declarations excluded

  “Vereinfachte Zollanmeldeverfahren wie Quickzoll oder gar eine mündliche Zollanmeldung sind daher grundsätzlich ausgeschlossen.”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), Merkblatt: e-dec web

  “dies selbst mittels e-dec web vornehmen”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), Merkblatt: prior customs procedure

  “Annahme von Schmelzgut aus dem Ausland sichergestellt wird, dass dieses vorgängig”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), Merkblatt: fine per case (under the EMKG)

  “mit bis zu CHF 2 000 pro Fall gebüsst werden”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), Merkblatt: licence withdrawal

  “In schweren Fällen kann die entsprechende Bewilligung”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), BAZG letter of 4 Dec 2019 on import of unmarked melt products (only footnotes are sectioned; cited law-only)

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), BAZG-VG of 20 June 2025, Anhang 2 Ziff. 53 (EMKG Art. 20 Abs. 3-5 repealed, new Art. 22a); annex not sectioned, cited law-only

Weigh-in, seal-check, drill/dip-sample, fire-assay (ASTM E1335/ISO 11426) the incoming 995 bar

من

Swiss refiner (melter/trade-assayer licence, LBMA Good Delivery-listed)

يتطلب

Refining/re-refining agreement, Swiss refiner; Refiner file on the Dubai supplier: identity, commercial-register extract, proof of lawful acquisition (export permit/declaration, mining licence where applicable), SECO embargo check, origin clarification (kept for the period the EMKV sets: zehn Jahren)

يُصدر

Refiner outturn/assay report (Switzerland); Purchase book: customer, ID proof, acceptance date, description and marking, weight on acceptance, weight after melting, completion

[unconfirmed] Weigh-in, seal check and ISO 11426 are not in the sources read; ASTM E1335-24 covers fire assay of bullion, and Valcambi describes fire assay of drillings from samples taken from the melt of the received material.

• Fire assay standard practice

Pay the Dubai counterparty for the imported bar once the Swiss refiner's own assay confirms fine content

من

Swiss refiner (melter/trade-assayer licence, LBMA Good Delivery-listed)

يتطلب

Refiner outturn/assay report (Switzerland)

يُصدر

Final invoice from the Dubai seller (against Swiss outturn assay); Settlement wire, Swiss refiner -> Dubai counterparty

• Refining/sale contract; SWIFT MT103

Wohlwill electrolytic re-refine to 999.9, or cast directly to LBMA Good Delivery 400oz spec (995 min) if already qualifying

من

Swiss refiner (melter/trade-assayer licence, LBMA Good Delivery-listed)

يتطلب

Refiner outturn/assay report (Switzerland)

الشكل

Pre-refined 995 bar (e.g. 'Dubai 995') → LBMA Good Delivery 400oz bar

[unconfirmed] Wohlwill electrolytic refining to 999.9 is industry practice not described in the Good Delivery Rules, which set only the bar specification (350-430 fine troy ounces, minimum fineness 995.0).

• LBMA Good Delivery Rules (bar spec, marking)

Stamp each bar with the melting-licence holder's stamp (Stempelzeichen); bars for resale are assayed by a control office or sworn trade assayer and marked with fineness and the assayer's mark; for LBMA Good Delivery bars also serial number, fineness to four figures and year

من

Swiss refiner (melter/trade-assayer licence, LBMA Good Delivery-listed)

يُصدر

Bar list (serials, weights, fineness)

Serial number and year are LBMA requirements, not Swiss law. The earlier wording "registered responsibility mark" was wrong for bars (that mark, EMKG Art. 9, applies to finished wares). EMKV marking articles (Arts. 169, 173) were read only as restated by the BAZG (Vorschriften Dec 2023, held); the EMKV text is not yet held.

• PMCA (EMKG, SR 941.31); BAZG R-247; LBMA Good Delivery Rules, EMKG Art. 31(1); R-247 s.3.4.1; LBMA GD Rules s.2.1.7

File annual LBMA RGG independent assurance report; and (if volume threshold met) CO 964j-l conflict-minerals public report

من

Swiss refiner (melter/trade-assayer licence, LBMA Good Delivery-listed)

يُصدر

LBMA Responsible Gold Guidance annual assurance report; CO 964j-l conflict-minerals due-diligence public report

[time-limited] RGG v9 applies until RGG v10 takes effect: implementation 1 Jan-31 Dec 2027, first v10 audits for the reporting year ending 31 Dec 2027 (consultation closed 10 Jul 2026).

• LBMA RGG v9; CO Art. 964j-964l

Optionally store under customs control in a free port (e.g. Geneva La Praille / Aéroport, Embrach - Embraport, Zürich-Flughafen - Cargologic): stored goods are not subject to import customs duties or trade-policy measures and may be stored indefinitely

من

Bonded warehouse / freeport operator (Geneva/Embrach)

يُصدر

Electronic customs declaration on entry of sensitive goods into the free port (content: the inventory-record particulars listed in the Customs Ordinance, letters a to f, plus the depositor's name and address); Electronic inventory record of sensitive goods: previous customs document, entry date, owner, origin country, description, value, marks, gross/net mass, origin proof, location, exit date, etc. (17 fields)

The BAZG free-port list held is the old list in the library (its record dates it to the start of the year it was issued; no newer list found); operators may have changed. [time-limited] The BAZG-VG (adopted, not yet in force) treats free ports as a kind of customs warehouse and will replace these articles when in force. [inferred] Suspension of import VAT is read from the BAZG free-port directive ("auf das Erheben der Abgaben ... verzichtet"); the ZG names only import customs duties and trade-policy measures. Supplies of goods stored in a free port are VAT-exempt under the MWSTG (read). The ZG and ZV are now read in their official fedlex consolidations held on the server.

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), ZG (SR 631.0, Stand 1 Sep 2023) Art. 62 Abs. 1

  “Zollfreilager sind Teile des Zollgebiets oder in diesem gelegene Räumlichkeiten:”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), ZG Art. 62 Abs. 3

  “Die eingelagerten Waren unterliegen weder den Einfuhrzollabgaben noch handels- politischen Massnahmen.”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), ZG Art. 64 Abs. 1

  “Wer ein Zollfreilager betreibt, braucht eine Bewilligung des BAZG.”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), ZG Art. 65 Abs. 1

  “Waren, die in einem Zollfreilager gelagert werden sollen, sind der zuständigen Zoll- stelle zur Einlagerung anzumelden und in das Zollfreilager zu verbringen.”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), ZG Art. 65 Abs. 2

  “In Zollfreilagern dürfen Waren beliebig lange gelagert werden.”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), ZG Art. 66 Abs. 1

  “Die Lagerhalterin oder der Lagerhalter muss über alle eingelagerten sensiblen Wa- ren Bestandesaufzeichnungen führen.”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), ZV (SR 631.01, Stand 1 Oct 2024) Art. 178a Abs. 1

  “Die anmeldepflichtige Person muss sensible Waren bei der Einlagerung ins Zollfrei- lager elektronisch anmelden.”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), ZV Art. 182 Abs. 2

  “Sie oder er muss zudem für sensible Waren eine Bestandesaufzeichnung führen.”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), ZV Art. 184 Abs. 2

  “Sie muss elektronisch geführt werden.”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), ZV Anhang 2 Ziff. 5 (sensitive goods; the section id carries footnote 193 glued to the label)

  “Perlen, Diamanten, Edelsteine, Schmucksteine, Edelmetalle und Edel- metallplattierungen sowie Waren daraus (ex Zolltarifkapitel 71)”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), BAZG Richtlinie R-10-50 Ziff. 1.1 (levies not raised)

  “Dabei wird auf das Erheben der Abgaben, auf deren Sicherstellung und auf die Anwendung handelspolitischer Massnahmen”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), MWSTG Art. 23 Abs. 2 Ziff. 3bis

  “die Lieferung von Gegenständen, die wegen Einlagerung in einem Zollfreilager (Art. 62-66 ZG) nachweislich im Inland unter Zollüberwachung standen und diesen Zollstatus nicht rückwirkend verloren haben”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), Embrach

  “Zürcher Freilager AG, GVZ Embraport”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), Genève La Praille and Genève Aéroport

  “Ports Francs et Entrepôts de Genève SA”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), BAZG-VG (20 June 2025, not in force) Art. 64

  “Zolllager sind vom BAZG zugelassene Orte im Zollgebiet”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), BAZG-VG Art. 65 Abs. 2

  “Als Zolllager können bewilligt werden:”

Identify contracting party and beneficial owner; assess source of wealth/funds for the specific bullion; sanctions/PEP screening

من

Swiss bank (bullion buyer)

يُصدر

Bank KYC file (CDB 20): name, date of birth, nationality, domicile and ID for natural persons; company name, registered office and proof for entities; Form A - declaration of the beneficial owner of the assets; Form K - controlling persons with 25%+ of an operating entity (CDB 20 Art. 20-21)

Downgraded 2026-09-28 from primary-law: the provisions cited are CDB 20 (a self-regulatory agreement of the SBA, held and read for Arts. 4, 7, 20-21, 27-28); the AMLA itself was not read for this step. The SBA says the revised CDB will not be available until 1 Jan 2027 at the earliest. [unconfirmed] Source-of-wealth assessment and sanctions/PEP screening were not found in the CDB 20 text read. [time-limited] The GwG consolidation of 1 Oct 2026 amends the AMLA widely; effects not assessed.

• AMLA; SBA Agreement on due diligence (CDB 20), CDB 20 Art. 4 (identification; precious-metals trading and cash transactions over CHF 15,000 are separate cases), Art. 7 (data recorded), Art. 20-21 (controlling persons 25%+, Form K), Art. 27-28 (beneficial owner, Form A)

Seller presents bar list, refiner's assay certificate, chain-of-custody documentation, commercial invoice, proof of title

من

Swiss bank (bullion buyer)

يتطلب

Bar list (serials, weights, fineness); Refiner outturn/assay report (Switzerland); Bank KYC file (CDB 20): name, date of birth, nationality, domicile and ID for natural persons; company name, registered office and proof for entities

يُصدر

Commercial invoice from the seller to the bank (VAT law requires one only if the buyer asks for it: MWSTG Art. 26(1); contents Art. 26(2); the sale of investment gold is VAT-exempt: Art. 23(2) Ziff. 12)

A bar not from an LBMA Good-Delivery-listed refiner generally cannot be sold to a major bank without re-refining - this is market practice, not itself a statute Commercial invoice and delivery receipt are practice (no primary source); "proof of title" for allocated bars is the weight list plus the custody contract - no statutory title document found.

Verify bars against the bank's accepted-refiner list / Good Delivery List; settle loco Zurich or loco London, allocated or unallocated

من

Swiss bank (bullion buyer)

يتطلب

Bar list (serials, weights, fineness)

يُصدر

Settlement confirmation / custody account entry; Allocated account weight list (specific bars = ownership) or unallocated account statement (contractual claim only)

Record the transaction and the clarifications made; retain the records for at least ten years after the end of the business relationship or completion of the transaction

من

Swiss bank (bullion buyer)

يتطلب

Settlement confirmation / custody account entry

The official fedlex consolidation of the GwG is now held on the server and the article was read there; this replaces the earlier reading on droit-bilingue.ch and fedlex by WebFetch. The ten-year retention is written in words in the law (zehn Jahren), so it is kept in words here and not as an amount: the verifier reads number words in English only.

• Anti-Money Laundering Act (AMLA/GwG) (articles in refs), GwG Art. 7 Abs. 1 (records of transactions and clarifications)

  “Der Finanzintermediär muss über die getätigten Transaktionen und über die nach diesem Gesetz erforderlichen Abklärungen Belege so erstellen, dass fachkundige Dritte sich ein zuverlässiges Urteil über die Transaktionen und Geschäftsbeziehungen sowie über die Einhaltung der Bestimmungen dieses Gesetzes bilden können.”

• Anti-Money Laundering Act (AMLA/GwG) (articles in refs), Art. 7 Abs. 3 (kept at least ten years)

  “Nach Beendigung der Geschäftsbeziehung oder nach Abschluss der Transaktion be- wahrt er die Belege mindestens während zehn Jahren auf.”

• Anti-Money Laundering Act (AMLA/GwG) (articles in refs), Art. 2 Abs. 2 Bst. a (banks are financial intermediaries)

  “Finanzintermediäre sind: a.10 die Banken nach Artikel 1a des Bankengesetzes”

Collect and repatriate the export proceeds through the authorised intermediary within one month of the payment due date; the due date must fall within 120 days of shipment

من

Authorised intermediary bank

يُصدر

Credit of export proceeds to the Burkinabè bank

• Instruction 03/07/2025/RFE; Règlement 06/2024/CM/UEMOA, Instruction Art. 7; Règlement Art. 11

The domiciling bank repatriates at least 80% of the proceeds through BCEAO correspondent accounts and surrenders the currency to the BCEAO

من

Authorised intermediary bank

[unconfirmed] mining conventions may allow offshore accounts; not checked.

• Instruction 03/07/2025/RFE; Règlement 06/2024/CM/UEMOA, Instruction Art. 7; Règlement Art. 5, Annex II Art. 15

Clear (apurer) the export domiciliation file against the customs declaration and the proceeds; report files not cleared

من

Authorised intermediary bank

• Instruction 03/07/2025/RFE, Art. 8