Dear Respective Sellers,We are looking for Gold Dore Bars. Qty-Trial 15kg and then 25 50kg monthly or more. Delivery-Brussels Airport Belgium. Show More...
Dear Respective Sellers,We are looking for Gold Dore Bars. Qty-Trial 15kg and then 25 50kg monthly or more. Delivery-Brussels Airport Belgium. Final Assay-Buyer Refinery. Purchase price- LBMA minus x%. Payment-Euro, Escrow account. Only serious sellers to as due diligence will be carried out by the EPMF. Our buyer in Belgium is a member of the European Precious Metal Federation (EMPF), a refinery located in Antwerp. (My partner is close to the CEO of this organisation.) Please see below, the buyer guideich although are quite rigid, might well lead to a good and profitable business relationship for all of us. SPECIFICATIONS OF AGREEMENT Commodity.GOLD, Dore Bars (1kg). Assay.Final Assay Report to be made by the Refinery and the value of the Final Assay Report will be accepted as binding by all Parties for the purpose of invoicing. Shipment.From Ghana, air cargo. Airway bill to indicate the name of the consignee to facilitate customs clearance. Hand carry delivery will not be accepted. Quantity.First tranches of 15 kg, subsequently tranches of 24 kg month or more. Delivery.Brussels Airport, Belgium. Final Essay.By buyer selected refinery. Purchase Price.LBMA (morning quote on the day of assay report) minus xx %. Currency for payment.In Euro. Consulting fees.Defined in separate agreement. Seller’s Obligations.The seller shall provide a full KYC to ensure smooth clearance on payments.Seller shall notify the buyer and the appointed security agent with the dates of expected departure and arrival time, minimum of 72 hours prior to departure. Prior to the shipment, each set of document copies of the Consignment shall be communicated by Seller to the appointed security agent. The Seller shall provide all required official documents that will be asked and checked by Custom for importing clearance. Seller is responsible for the payment of all export taxes, documentation of export, packing, transport up to arrival port requested by the buyer. Buyer’s obligations.The Buyer shall be responsible for all expenses and taxes relative to the import of Gold in the destination country, including but not limited to, custom and clearing fees, transport, insurance and the cost of the assay. The Buyer shall be responsible for all charges at the nominated refinery related to the verification, testing and refining of the Gold and the publication of the assay report. Intermediary’s obligations. Liaise between Buyer and Seller and ensure smooth implementation of the contract Payment.Final payment shall be made from the buyer’s bank account in favour of the escrow account, within 72 hours after the assay facility in Belgium issues the final assay report approved by all parties. The escrow account holders will pay immediately to all parties involved. Ownership.The Gold remains the full property of the Seller until the Seller has received the full payment of the price quoted. Then the legal ownership of Gold is transferred from Seller to Buyer for every refinery tranche paid. Implementation.Intermediates representative will indicate the agreement to process the next tranche when all parties confirm the conclusion of the previous tranche to their satisfaction, including but not limited to documentation and payments of invoices and fees DOCUMENTS:For each shipment, the Seller must provide the following documents to the Buyer. · Three originals of the commercial invoice · Government approved certificate of origin · Assay report at the origin · Certificate of ownership · Certificate of weight, Packing list · Customs clearance certificate and a certificate confirming legal export and that taxes have been paid · Export license Permit to export · Airwaybill, with the consignment to the refinery · Pro-forma invoice (together with airway bill) · Declaration that the Gold is of non-criminal origin, unencumbered and free of any liens, is transferable and exportable, is not owned or sourced from or through a politically exposed person or organisation. PROCEDURE:· SPC to be reviewed and signed by all parties · Seller prepares export documentation, airway bill, proforma invoice and sends a set to the buyer for clearance by the customs and Buyer. · The Buyer shall be responsible for the arranging and charges regarding the clearance of importing in Brussels, secure the transport of the gold bars and any expenses at the designated refinery of the Buyer. · Approved assay will be considered final by both parties and sufficient for payment. · Buyer instructs his Bank to pay the total purchase price for the shipment according to Commercial Invoice and final assay report. Payment is to be completed no later than 72 hours after the delivery of the assay report. Please let me know whether these guide procedures would be acceptable?In case you can accept the mentioned procedures then please kindly reply by to regardsTony Wee Lee
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