Gold Bar

PRODUCT, ORIGIN AND SPECIFICATION:

Product: 22+ Karat Gold Dore Bars (96% approx. Fineness)
Origin: GUINEA CONAKRY, West Africa.
SPECIFICATIONS:
Commodity : GOLD BARS
Quantity :100Kgs available now
Form : Gold Bars 1kg
Putity : 96%
Quality : 22+ Karat Minimum
Delivrery : CIF Europe, (TURKEY, ISTANBUL) or any required desrination of buyer
Trial Quantity : One Hundred (100Kgs)
Monthly Quantity : Minimum Three Hundred (300) Kgs, Maximum Five Hunderd (500) Kgs.
Gross Price : Gross -12% LMBA - Net -9% LMBA
Comission (Total commission paid by seller): 3% (Seller Side: 1,5% - Buyer Side: 1,5%)
Payment Terms : Through Brinks Global
Packing Detail : Export Metal Box 50kg/Box
Third Party Inspection : Inspection (Safe Keeping Receipt) and Vault by Brinks

TERMS AND PROCEDURES OF DELIVERY:

1- BUYER ISSUES AN ICPO, INCLUDING BUYER²S BANK REFERENCES AND BRINKS ACCOUNT NUMBER, SIGNED AND SEALED by CEO of BUYER²S COMPANY, BUYER²S PASSPORT COLOR COPY, + BCL/RWA + NCNDA/IMFPA TO SELLER, THROUGH (Europe consultant Group via Mr Frankline)
2- Seller issues SPA and Buyer negotiate and sign SPA alongside with NCNDA/IMFPA
3- Buyer and Seller agree that SKR issued by BRINKS is binding for all parties involved.
4- Seller deposits gold bars in Vault at BRINKS local representative for SKR issuance.
5- SKR is issued to Seller and a copy is dispatched to Buyer through BRINKS representative at country of
destination
6- Buyer provides funds to BRINKS and a notification is issued to Seller
7- Seller proceeds for clearing of goods and provides all required documentation related to export process.
8- BRINKS pass documents through verification and notify Buyer.
9- BRINKS proceeds payment of 100% cargo value on behalf of Buyer against transferring goods ownership title
to Buyer via BRINKS.
10- BRINKS ships goods to Buyer's destination country
11- Final payment for Gold Bars shall be made by wire transfer MT 103 to Seller’s specified bank account by
BRINKS on behalf of Buyer after payment of all export taxes and all requested documents issued by Seller
12- All Banking charges including confirmation from the Buyer's Bank shall be borne by the buyer and all
banking charges incurred by the Seller at Seller's Bank shall be borne by the Seller.
13- The terms of delivery and payment for this Purchase and Sale Agreement will be CIF