Gold bars on CIF without upfront payments Whatsoever.
Purity: 96.00% +
Finesse: 22 Carats. +
Price: $42,000 per kg
Commission : xxxx
TRANSACTION PROCEDURES:
1. . All parties accept the terms of the contract by signing the SPA ;
2. The buyer provides these documents :
- KYC of the account holder,
- copy of the signatory's passport,
- signed letter from the bank officer indicating that the bank is ready and willing to issue the payment guarantee on behalf of the buyer (RWA).
3. Seller then issues a sales/purchase agreement (SPA).
4. Buyer signs and returns to Seller with full banking details.
5. Seller issues (POP) Proof of Product in the form (photo ).
6. Seller is sending lift of Au gold to nominated Buyer's CIF free Zone together with all required export documents, airway bills e.t.c. All costs up to CIF Buyer Airport bears to Seller
7. Buyer meets with Seller in CIF free zone and conducts all custom clearance procedures, assures safe transport to refinery, smelting and refining process, assay and its certificate. all costs from buyer airport bears to Buyer
8.Mutually accepted Certificate of Assay from Refinery is given to both Buyer and Seller.
Upon assay at Buyer’s Refinery , within 24 to 72 (twenty-four to Seventy-two) banking hours, Buyer transfers payment to Seller’s bank account by MT 103 .
All commissions are paid to intermediates bank account simultaneously as per separate signed NCNDA
9.Upon confirmation of payments, Seller releases ownership to Buyer and the Refinery releases the Gold to Buyer automatically.
10.Any unauthorized bank calls, communications and any improper solicitations or disclosure involving any bank concerned in this transaction will result, at the discretion of the damaged party, in the immediate cancellation of this transaction and subject the violating Party responsible for damages equivalent to two percent (2%) of the total face value of this agreement to the injured party.Seller informs Buyer of the date and time of delivery of the product to customs in UAE via email with all necessary documentation..
Buyer engages customs and transports the product to Buyer’s recommended refinery by secured means.
For further information, contact: info@golddeliveryservice.com
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