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Terms of Use

TERMS OF USE

ABS Bullion Inc. is among the top trusted online bullion dealers in New York. Specializing in the highest quality, investment-grade gold and silver bullion. Your privacy is important to us. Please review our PRIVACY POLICY. Your use of this website constitutes acceptance of our privacy policy. By using this website, you agree to the following conditions.

Copyright

All content presented on ABS Bullion.com including graphics, logos, images, audio clips, and slogans are the exclusive property of ABS Bullion Inc. or its   partners and affiliates and protected by international copyright laws.

Electronic Communications

By using this website, you are communicating with us electronically and consent to receive communications from us electronically. You agree that all electronic communications including notices, disclosures, cancellation and market loss related policies that we provide to you electronically shall satisfy and legal requirements that such communications be in writing.

Your Account

It is your responsibility to maintain the confidentiality of your account including username, password, and for restricting access to any computer you use to access your account or complete a transaction. By using our site, you agree to accept full responsibility for any activity which occurs on your account.

User Reviews

User reviews are the opinion of others and are not the opinion of ABS Bullion Inc. ABS Bullion accepts no responsibility for the opinions of other users.  User Generated Content may be published, shared or hosted on third party websites associated with ABS Bullion. Reviews can also be visible in public areas at ABS Bullion.com to all visitors. You knowingly acknowledge that ABS Bullion does not guarantee confidentiality with respect to any User Generated Content submitted through ABS Bullion.com or affiliated third parties that  may use it to collect User Generated Content.

Disputes

  • Any dispute, claim, or assertion in any way to your use of ABS Bullion.com or to any products you purchase from ABSBullion.com will be resolved by binding arbitration, rather than court, except that you may assert claims in small claims court if your claim would qualify. You agree that the Federal Arbitration Act and the laws of the state of  New York, without regard to principles of conflict of laws, will  govern these terms and conditions.
  • Any credit card chargeback will be subject to a minimum $50 processing fee. A processing fee may be charged to the credit card used to place the order or added to the user’s account balance at ABS Bullion’s discretion.
  • Any bounced check payment will be subject to a minimum $35 processing fee. A processing fee may be charged to the credit card used to place the order or added to the user’s account balance at ABS Bullion’s discretion.

Terms Of Purchase

When an order is confirmed, prices become locked-in and the order becomes a contractually binding agreement between the “buyer” and ABS Bullion Inc. By placing an order through the ABS Bullion website or via telephone and agreeing to our terms and conditions, the customer enters into a contractually binding agreement with ABS Bullion Inc. The “buyer” agrees to send ABS Bullion Inc. payment as contractually specified at the time of order for PayPal, Credit Card, Stripe, E Check and any other form of payment that may be accepted. Submitting an order through the website, or by phone requires the “buyer” to agree to our full terms of use including the ABS Bullion Inc. order cancellation policy.

ABS Bullion Inc. reserves the right in its sole discretion to allow the dissolution of the contractually binding agreement between the “buyer” and ABS Bullion Inc. by cancellation of your outstanding order. Order cancellations will incur any operational, hedging and/or market loss fees. Any cancellation requests must be filed via telephone during normal business hours. ABS Bullion will evaluate any request to cancel an order on a case-by-case basis and only under extraordinary circumstances will a cancellation be approved.

Cancellation fees are calculated as 5% of the order total or $35, whichever is greater, plus any applicable market loss. A “market loss” is defined as the difference between the locked spot price of the metals at the time of the order and the spot price of the metals at the time of cancellation. The balance due to ABS Bullion is to be paid within ten (10) business days. If we do not receive payment within this timeframe, ABS Bullion reserves the right to send customer accounts to “collections” to retrieve cancellation fees. Any collection activities charged to ABS Bullion Inc. will be added to the balance due. Should the order enter legal proceedings, the amount owed would increase by 50% and all attorney fees incurred would be the responsibility of the customer. Any market gains as a result of a canceled order will remain the property of ABS Bullion.
Any order that remains unpaid outside of payment terms as described in ABS Bullion’s Payment Policies is eligible for cancellation.
ABS Bullion reserves the right to decline, refuse, or cancel any order with or without reason, regardless of payment method, or order confirmation. ABS Bullion also reserves the right to cancel any order deemed questionable, suspicious, too significant of risk, or if payment has not been received within a specified time frame.

ABS Bullion  provides the most accurate information available at any given time. Occasionally, mistakes  occur, whether it may be a typographical or pricing error. Under these rare circumstances, ABS Bullion retains the right to cancel or refund an order. If a typographical, mathematical or other error is made in the calculation of a transaction, the customer agrees to take all steps requested by ABS Bullion to rectify the error. Customer further agrees to hold ABS Bullion harmless from all damages or liability arising from such error.

Customer must notify ABS Bullion in writing within 7 business days after receipt of material of any discrepancy, claim, or dispute arising from a transaction. If no notification is received within 7 business days, customer agrees it is forever barred from bringing a claim for loss, damage, or other relief relating to such controversy, claim, or dispute.

The information provided on ABSBullion.com is for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. The client should contact a licensed professional for such advice.

Larger Order Policy – A large order is defined as an order equal to or greater than $20,000 USD. If you are looking to place an order of this size, please call and speak to a  representative before placing the order. At ABS Bullion’s discretion, we may require a 10% – 20% deposit via bank wire transfer before locking in the price of a large order. Also, larger orders may only be placed via the phone during our business hours.

Guest Checkout – please note that if you checkout as a guest on our website (ie: you do not log in to your account before placing the order), the order you checked out with as a guest will NOT show up under your customer account.

 

 

 

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