Alluvial of Gold Dore Bars By TEX Med,

SpÃ©cification du produit

La description

COMMODITY DESCRIPTION:

The commodity that the seller will sell to the buyer is specified as follow:

Commodity	Gold (AU Metal)
Quantity	MIN *0KG ±5% x2 MAX *0Kg±5% x 2 Months (1year) with R&E
Form	Gold Bars
Purity/Finesse	2%+/2+ Carats
Weight	Sellers option
Price CIF	depends to quantity, destination and paymentterms (escrow or SBLC)
Finesse	As defined in purity
Delivery	Buyers choice of destination
Origin	Burkina Faso and other
Current location:	Ghana and other
PAYMENT:	*OPTION 1: 0% ESCROW PAYMENT AT DESTINATION AGAINSTfinal assay at Buyer Refinery *OPTION 2: buyers bank issues to sellers bank Irrevocable, Confirmed, non transferable and non operative Standby Letter of Credit SBLC/MT0 with the amount of one month quantity value valid for One Year and One Day, Seller issue operative PB2% to activate the SBLC. Each delivery is0% paid By SWIFT based upon the final Assay Report via MT**3 Wire Transfer.

DOCUMENTS :

Commercial Invoice
Packing list
Certificate of origin
Certificate of Ownership
Export Certificate (Export Permit)
Airway Bill
Declaration that the goods is free and clear of encumbrance and of none criminal origin and source (Letter confirming that the Gold is from a non-conflict zone and thus the purpose of selling the gold is not to finance any rebellious organization in a conflict zone)
Certificate of Assay fromPMMC

All above documents / certification to be signed and issued by the relevant issuing authorities.

PROCEDURE WITH ESCROW PAYMENT:

Sellers representative issues draft SPA
Within Maximum *2 working days, buyer signs and returns the contract. Each page must be initialed.
Within Maximum *2 working days, Seller signs the final contract and send it via email to the buyer
Buyer and Seller execute this Contract Agreement.
BUYER AND SELLER SIGN ESCROW AGREEMENT WITH THE ESCROW AGENT
within 3 (three) working days After signing of the escrow agreement, the buyer shall cause to be deposited the total value of monthly delivery (**0Kg±5% per month over *2 months)valid for all the duration of the contract,directly to the designated Escrow Agent Account Name ……………………….with Account Number ……………… in ……………. BANKlocated at…………………………on behalf of the Seller via SWIFT MT**3 fully under ICC **8 format, , with clean, clear, legal bank owned funds in the face value of VALUE OF $......,**0,**0USD (……… Million UNITED STATES DOLLAR) valid for one year and one day in the same terms and conditions for the full monthly value of the commodityand accordingly notify the Seller of such payment.
Once the deposit is confirmed by escrow agent, the Seller shall then use his own money to process the export documentation and payment of the taxes in order to trigger the commencement of shipment to theBuyers choice of destination where Buyer shall wait for Seller at the Airport to clear and handle all import taxes as well as further fees related to Gold delivery to Buyer Refinery
Upon final assay at Buyer Refinery, in under *4/*8 (twenty four / forty eight) banking hours, escrow agent shall pay seller the amount of the delivery valueby SWIFT/TT (MT **3) wire transfer.
Upon confirmation of payments by sellers bank, Seller releases ownership to Buyer and the Refinery releases the Gold to Buyer
Immediately Escrow agent pays commission and subsequently monthly delivery starts.

PROCEDURE WITH SBLC:

Sellers representative issues draft SPA
Within Maximum *2 working days, buyer signs and returns the contract. Each page must be initialed.
Within Maximum *2 working days, Seller signs the final contract and send it via email to the buyer
Buyer and Seller execute this Contract Agreement.
The Buyer's bank sends RWA to the Seller's bank via SWIFT MT**9 about readiness to issue SBLC by SWIFT MT**0.
Within *3 banking days after receipt the RWA/MT**9, The Seller's bank sendsSWIFT MT**9to the Buyer's bank about its readiness to accept SBLC via SWIFT MT**0 and Sellers bank issuespartial POPto buyers bank.
Within *3 banking days after the receipt of SWIFT MT**9 about readiness to accept SBLC/MT**0 from the Seller's bank alongside with Partial POP, the Buyer's bank sendsIrrevocable, non operative, confirmed by top *0 prime banks, non transferable SBLC/MT**0 to the Seller's bank with the amount of one month quantity value valid for a period of 1 year and 1 day.
Within *3 banking days after the receipt and confirmation of SBLC,seller's bank issues operative PB2%of the amount of one month quantity value valid for one year to activate the SBLC/MT**0
Within *1 (twenty one) banking Days, Seller notifies the Buyer of the first delivery with all export documents.
Upon Buyers confirmation of readiness, Seller flies together with the Gold to Buyers choice of destination where Buyer shall wait for Seller at the Airport to clear and handle all import taxes as well as further fees related to Gold delivery to Buyer Refinery. All export costs of the Gold from Sellers Country to Buyers designated Country Airport, shall be borne by the Seller; and all cost from Buyers designated Country Airport to Buyer Refinery shall be handled by the Buyer.
Upon final assay at Buyer Refinery, in under *4/*8 (twenty four / forty eight) banking hours, Buyer transfers payment to Sellers bank account.
Upon confirmation of payments, Seller releases ownership to Buyer and the Refinery releases the Gold to Buyer
Seller pays commission and subsequently monthly delivery starts

Pays:	France
N Â° de modÃ¨le:	-
Prix FOB:	(Negotiable) Obtenir le dernier prix
LocalitÃ©:	-
Prix de commande minimale:	-
Commande minimale:	-
Packaging Detail:	-
Heure de livraison:	-
Capacité de Fournir:	-
Payment Type:	-
Groupe de produits :	-