You Shall write to us @ firstname.lastname@example.org, email@example.com, mentioning the type of offer you have , to deal with.
PURCHASE OFNON-PROCESSED GOLD
Shipping & Freight “Funded”by Buyer
CIF– BUYER’S REFINERY
We will purchase a Seller’s non processed gold (dore bars, nuggets) , provided the seller is willing , after contract–signing,to move the product, in agreed lot sizes in to any Seller’s local refinery first, informed by the Buyer, for a “non destructive” assay prior to sale.
As a guarantee of payment, the contract will be "Bank-Endorsed" by the Buyer’s Bank. The Guaranteeing Bank is a “top 25” world –ranked bank.
The closing will be conducted at the Buyer’s refinery in UAE, The Buyer’s funds will be wired to the Seller’s bank upon settlement.
We can purchase a Few 100 KG weekly or monthly, up to Seller's capability to supply. Contract can be “fixed quantity” or for a "term of one or more years"
Deliveries /transfer dates will be approved and coordinated jointly by both the parties.
Transportation costs from the seller's local refinery and the refinery charges, Lifting the gold from the origin refinery to the Buyer’s chosen destination, including all costs and arrangement associated with exporting the product, is the buyer’s responsibility. The final price can be adjusted to offset the Buyer’s Metal relocation costs. The Seller deposits the equivalent amount of GOLD Collateral with the buyer.
Step 1: The buyer and seller complete and sign the SPA/IMFPA electronically. The SPA including the IMFPA, now constitutes a legally binding, fully enforceable contract.
Step 2: The Seller moves the initial lift of Product into the Seller’s Local refinery and provides the Buyer with the " Positive Initial Refinery Assay Report".
Step 3: The Buyer, after satisfactory verifications, instructs his Shipper and pays for the Lift of Product at the origin and exportation to the Buyer’s Refinery at the destination. However the Seller is required to provide with the equivalent amount of GOLD as collateral, till the Shipment is successfully completed.
Step 4:The Buyer agrees to pay for Seller’s Entry Visa/airfare/hotel/food expenses to the Country of Destination for a business stay of 3 to 7 working days, (Visas issued to the Seller is a maximum of 10 days).
Step 5: The Buyer further arranges its internationally recognized security and logistics company at his destination to clear the shipment through Customs and deliver the product via armored-vehicle ground transport to the buyer’s nominated UAE refinery for a new, final assay. The buyer and Seller accompany the shipments together.
Step 6: The Buyer’s Refinery notifies the Buyer on the completion of the assay and provides a copy of the " Positive Final Assay Report". The Buyer and Seller close the transaction on a “payment-against-delivery” (transfer of title) basis with payment made to the Seller via SWIFT MT103 within (3) banking days of issuance of the Assay report.
Successive transfers/deliveries of Product, including rolls/extensions, will follow the same procedures as above.