DELIVERY: CIF at Buyers Option.
: will be commenced in 2 weeks with a
minimum quantity of ****5MT
The agreed purchase price is the quoted price in the
latest valid Second Fixing Rate (PM) Issued by the London Bullion
Market Association (LBMA) on the Day-of-Transaction. In the event
that the LBMA is not Operating on that scheduled day, the price
calculation used shall
be based on second LBMA fixing of the next change to last
Market opening day and per tranche.
DISCOUNT : Gross *1% Net 8% to buyer, 3% to
mediator……..
PAYMENT : on satisfactory delivery of the full quantity as
agreed on the contract, Bank Guarantee Provided by the
buyer will be enchased or buyer will issue payment
instruments like (SBLC / BG Transferable fully funded and
operative)
TRANSPORT DOCUMENTATION
Each delivery shall be accompanied by a Bill of Lading with
all
necessary documentation in accordance with
international law, which includes:
1. Original Certificate of Deposit
2. Four (4) Copies of commercial Invoices in favor of
Buyer
3. Certificate of Origin
4. Certificate of Legal Ownership
5. Internationally Accepted Assay Certificate
6. Certificate of Insurance
7. Export Permit Export License
8. Bank Warranty of Delivery
9. Custom Duty Sellers Certificate stating that the refined
Bullions
are free and clear of all liens and
encumbrances and freely tradable and exportable and is of no
criminal origin
*0. Warehouse Receipts
*1. Certificate of Weight List describing each bar as
follows:
a) Serial Number as stamped on each bar
b) Fineness as stamped on each bar Raw Weight as stamped on
each bar
c) Total Weight as stamped on each bar
d) Receipt of Custom Duties and Taxes
*2. Packing List.
PROCEDURES:
• The Buyer in accepting this CONTRACT, signs and seal and
return it to the Seller together
with the following lists of documentation: The Buyers Passport
or IDs colour copy.
• The Buyer as Master Paymaster shall issue separate
Irrevocable Fee Protection Agreements to pay all Consultants and
Intermediaries through their respective Paymasters.
• Buyers Bank Issue the Bank Guarantee in the total XXXX
metric tonnes. Irrevocable, fully
controlled and operative to the sellers bank
• The Bank Guarantee becomes operable.
• Delivery of the Au Metal starts after 2 weeks of the Bank
Guarantee is fully operative at the
sellers bank.
Thanks & regards,
Lalu Palakkal.
lalu**6x AT gmail DOT com
