Import-export and sourcing Africa, China, South-East Asia, South America and Europe
We offer for sale
description/quality of the commodity
1. commodity: au metal (dore bars)
2. origin mali west africa
3. quantity: 1000kgs to 5000 kgs per month this is minimum
4. type: dore bars, dust (alluvial dore bars).
5. fineness: 99.31 %
6. qualtiy 23 + carat
7. weight before treatment 99.78%
8. weight after treatment 99.76%
9. price: 15% less lme on 2nd london fixing of day price.
10. commission: 5% (2.5% paid by buyer; 2.5% paid by seller)
Transaction procedure
the parties hereto agree to the hereunder specified transaction procedure of which the handling will be successively carried-out within a consecutive period of time. · seller and buyer sign/execute this agreement and deposit/lodge an original copy with their respective banks.
The seller/financier shall present an account.
The buyer shall send a preadvice to open a bank guarantee (bg)
· sellers shall send an undertaken to be endorse by sellers bank to return bg at the end of contract withot liens and encumbarnce. · buiyer after reciept of the undrtaken will swift by mt 760 the live bg to sellers bank, and deliver hard copy within 7 working days to sellers bank.
· seller after receipt, authentication and confirmation of bg will within 14 day start shipment to buyer.
· buyer after reciept of shipment will refine and assay, and payment will be made by swift transefr to sellers nominated account not later than 72 hours after receipt of gold.pament shall be on the assay certificate release by the refinery.
· deal close, all subsequent shipment will follow the same procedure, except that subsequent shipment shall eb done every seven days.
BG is not a means of payment, bg is soley as payment colleteral guarantee, and should not be use as means of payment or refer in this contract as means of payment.that is why the sellers bank will issue an undertaken to return the bg safe and intact. Thus all payment will be by swift transfer after refinery.
