Gold Bars

Descripción del producto

PROCEDURE

1.    Seller sends FCO and supporting documentation.

2.    Buyer sends Sales and Purchase Agreement (SPA).

3.    Buyer and Seller sign contract.

4.    Buyer will pay for all exportation taxes, Government Documentation, Transportation and Insurance in the seller’s country which is 7% of the total invoice value. These costs incurred will be deducted from the final payment. Seller will give a Gold bars collateral to the buyer equivalent to the amount the buyer will pay for the government tax and the shipping cost as a guarantee, the collateral will be return to the seller after the completion of the first transaction.

5.    Seller commences shipment to buyer final refinery . Prior to departure, copy of export documentation will be sent out to the buyer/ refinery via e mail.

6.    Seller will inform Buyer via email when delivery will arrive.

7.    After smelting and issuing a new assay report, the buyer will transfer the agreed price to the seller’s bank account by swift/wire, less the exportation costs incurred in Procedure #4

DOCUMENTATION

Seller’s company shall send the Buyer via email, copies of all official documents handed to Buyer’s authorized Representative, such as:

·         Certificate of origin.

·         Certificate of ownership.

·         Certificate of non-criminal origin and, that the gold is free of all encumbrances.

·         All export documents notarized.

·         Customs declaration that all taxes and other duties have been paid for.

·         Customs declaration and description of boxes quantity weight list describing each shipment transaction.

·         Export company declaration that all charges, Taxes and any other duties have been paid full.

·         Certificate of assay report issue by international recognized laboratory e.g. geological department.

ENCLOSED SUPPORTING DOCUMENTATION

1.    Company Registration

2.    Assay Report / Safekeeping Receipt

3.    Proof of Ownership: Certificate of Ownership and Country of Origin documents

4.    Mining Permit

5.    Export License

6.    Seller’s Designated Representative/Signatory: Passport or National ID card

 BANK DETAILS OF THE SELLER

BANK NAME: DEUTSCHE BANK TRUST COY.AMERICAS

ADDRESS: P.O.BOX **8, CHURCH STREET STATION

NEW YORK, NY *********8

SWIFT CODE: BKTRUS*3

ROUTING NO: ********3

ACCOUNT NO: **-******8

ACCOUNT NAME: SKYE BANK PLC

SKYE BANK Addres:*5 Broad Street, New York, N.Y. ****5.

FURTHER CREDIT TO: NAME: TETRE**** CONSULTANCY AND MINING LTD

A/C NO:************2

 
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