GOLD DORE BARS CIF TO BUYER'S DESTINATION
ATTN: BUYER
VIA:
BUYER MANDATE
Dear Sirs,
We the undersigned company acting with full authority and responsibility under penalty of perjury do hereby confirm the sale and transfer of the following commodity, subject to the terms, conditions and procedure set out hereunder. We attest moreover that the gold is cleared of mortgage, clean and of non-criminal origin.
CHARACTERISTICS OF THE PRODUCT:
• Commodity: Aurum Uralium (AU), Gold, (CIF)
• Form: Dore Bars
• Purity: 92 % (min.) or better
• Country of Origin: Guinea, Conakry
• Quality: 22 Carats +
• Quantity: 350KGS FOR TRIAL – THEN 500 KGS per Month
• Contract Length: 12 Months with possibility of R&E
• Purchase Price: Based on the second London fixing of the London Bullion Market
(LMBA)
• Gross: -10% LMBA per Kg
• Net: - 7% LMBA per Kg
! Commission: Seller side: 1.5%, paid by Seller
Buyer side: 1.5%, paid by Buyer
! Packing detail: Export packages Boxes
! Designated refinery: Buyer choice of refinery
! Destination Port: Free Zone, Buyer’s Destination Airport
! Validity: Ten (10) working days.
TERMS AND CONDITIONS OF PAYMENT:
1. The Seller sends FCO
2. The Buyer accepts the FCO and signs the FCO to return to the Seller.
Buyer contacts the Brinks Office in Dubai or any available Brinks Office in Buyer’s country and asks them to contact their Representative in Conakry in the Republic of Guinea to represent the Buyer. The goods will be taken to the Central Bank of the Republic of Guinea (Banque Centrale de la République de Guinée, BCRG) in Conakry by a licensed gold Exporter. First assaying and export from Conakry to Buyer’s refinery will be done by the Government of the Republic of Guinea at the expense of the Buyer.
3. The Buyer and the Seller sign Contract.
4. Delivery Terms: CIF, Buyer’s Destination Airport Free Trade Zone via Brinks
5. Delivery Schedule: Per Agreed Terms
6. Method of Payment: Buyer’s Bank will issue SBLC (MT 760) to Seller’s Financier for the first trial month and after the success of the first trial will issue SBLC for the duration of the contract. Payment is made via MT103, after assay report from Buyer’s refinery.
7. Testing Conditions: The goods will be delivered to the refining plant for the smelting of precious metals by Brinks.
After smelting, an analysis is made and Certificate is issued, payment for the goods is made according to the certificate of quality, Buyer will effect payment within 24 hours.
8. After crediting funds to the Seller’s account, documents for the goods are changed to the Buyer's name.
9. The costs of transportation of goods from the airport to the refinery, smelting and certification/assay reports are carried out at the expense of the Buyer.
DOCUMENTATIONS:
If the government tax/export charges are paid, the following documents will be issued by the Government of the Republic of Guinea and will accompany the goods to Buyer’s destination/refinery via Brinks:
1. Certificate of origin
2. Certificate of ownership
3. Certificate of analysis
4. Authorization of export from the Ministry of Mines.
5. Certificate of non-criminal origin
6. Air waybill
7. A Proforma invoice from the Seller will be issued on the letterhead of the company.
CERTIFICATION:
The Seller and the Buyer each declare to one another that the commodity offered herein are for Sale and the origin of the funds to be used for purchasing the commodity do not contravene ANY of the following LAWS and are not connected to any illegal or criminal activity:
• The Drug Trafficking Act of 1986;
• The Criminal Act of1988; The Prevention of Terrorism (Temporary Provisions) Act of 1989;
• The Criminal Justice (International Cooperation) Actof1990
• The Criminal Justice Act of1993
• Trade Secret of 1979: Economic Espionage Act of 1993
• The Anti-Terrorism Act and the Patriot Act I and II.
The terms and conditions of this Agreement shall be confirmed by the Buyer and the Seller via facsimile or E-mail. The said executed facsimile or E-mail shall be binding and will also initiate and conclude the legal liabilities between Buyer and Seller of this Agreement.
- Company Name: ADWENPA CONSULT
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