Product Description

I am mandatory of seller.

We are looking for Gold buyer on CIF basice. 

PROCEDURE:

Seller has financiers who will pay taxes, export documents of the gold and ship the gold to the Buyer refinery on CIF. Before Seller financiers pay the export duties and taxes and ship the gold on CIF to the Buyer destination. Buyer will first let his bank issue Non Operative SBLC MT **0 or BG to seller financier bank and when Seller financier receive the non-operative SBLC or BG from the Buyers bank. Seller financier bank will send 2%PB to Buyer bank and Buyer bank will make his SBLC or BG operative. Seller financiers will pay the export taxes and export documentation fee of the gold bars and ship the gold bars to the Buyer refinery on CIF.

DELIVERY TERMS:

 

a) The delivery terms for this S.P.A. agreement shall be on C.I.F (by Air-cargo) to the buyer's destination refinery to BUYERS CHOSEN DESTINATION.

 

b) The seller financier will pay all taxes, duties, export documentation etc, in the country of origin, and pays the air freight fee and insurance fee directly to the transport company to transport the Gold to the buyers refinery.

 

c) The Seller Financiers will bear the cost of freight fee and insurance fee of the gold bars and ship the gold bars directly to the Buyer refinery.

 

d) The Seller will notify the Buyer via fax or E-Mail of the date of transport of Seller's gold bars from Seller's departure point (Origin). By return the Buyer will confirm receipt of Notice, which will include Airway-bill and copy of insurance and export documents, in the same manner.

 

e) Seller will ship direct to the buyer's refinery. Prior to Aircraft Departure from point of origin, Seller will notify Buyer; the airline, flight number, dates of expected departure and arrival time. Buyer, on behalf of Seller, will clear shipment of gold bars through Customs.

 

f) Buyer will be physically present at Customs and at the refinery to insure all procedures have been followed and actual delivery was completed to the refinery. Buyer will notify the Seller's Mandate of successful completion of events in written form.

 

 

PAYMENT TERMS:

Final payment for the gold shall be made by wire transfer to the Seller's designated bank, within 2 business days after the refinery issues the final assay report.

 

PROCEDURE: (In time sequence)

 

First (1st) Step: The Seller will sign this contract and the Buyer shall return it to Seller signed and stamped.

 

 

Second (2ND) Step:  The Shipper will ship the gold to the Buyer's selected refinery, and will notify the Buyer regarding the name of the airline, flight number, dates of expected departure and arrival time.

 

 

Third (3RD) Step: The Seller Shipper will process the gold shipment through Customs.

 

Fourth (4TH) Step: Within two (2) working days of receipt of the shipment of the gold, the refinery will fax a copy of the refinerys assay to the Buyer for acceptance and also fax a copy of the assay to the Seller.

 

 Fifth (5th) Step: Payment by the Buyer shall be made to the Seller's designated bank within 2 business days after the refinery issues the final assay report.

 

Price: $*0 discount off London stock exchainge.