Gold Dore Bar
Gold over the last 5 years has consistently outperformed the stock market, making gold one of the lase ding investment assets. At CIG/MIG specialise in the brokerage of gold bullion , gold Dore bar to our customers worldwide. As we source direct from end suppliers we are therefore able to pass the savings onto our customers.
Gold Bullion available currently
COMMODITY: Pure Gold 999.5 (24K)
ORIGIN: Brazil, Africa, North America and others. TOTAL: 1000 MT
Gold in the form of bars, cast by refiner and custody in an institution
Standard lot of 12.5 kilo bars of gold system, 999.5/1000 or better.
ANY OTHER SPECIFICATION WHICH ARE NOT MENTIONED SHALL BE IN ACCORDANCE WITH INTERNATIONAL SPECIFICATIONS
Quantity: 200 kg/month
Delivery: only one shipment or airway transport by Brinks
Origin: Brazil, Africa, North America and others.
Price: USD 35000/kg
OFFER VALID FOR 30 BANKING DAYS
We expect to work with serious buyers that provide the needed documentations to begin.
We expect receive an ICPO with Soft Probe permission from the buyer to begin a purchase transaction.
The documents will only be accepted with the agreed price.
Confirmed, Blocked of Funds Via Swift MT799.
PLEASE NOTE: if received and not signed under 3 days, Seller has the right to resign the document to another ready Buyer otherwise give reason why delay before Expire.
Full set of documents to be presented by the SELLER to the BUYER 10 Days after confirmation of POF on bank to bank basis, and all Documents will enables the products to move to Buyer destination.
1. Certificate of Ownership
2. Certificate of Origin.
3. Packing List (Gross Weight and Net Weight).
4. Assay Report made by the expert of laboratory
5. Form A4 from Bank of Ghana
6. Air will bill with name of company, references of the plane, the destination, and the date and the time of departure and arrival in Buyers Airport.
7. Four (4) original invoices
Seller agrees to send copies of all required documents to Buyer per e-mail or Fax not later than two working days before each delivery.
1. The Seller will present the Draft FCO for acceptance by the Buyer. FCO goes through normal negotiation and validation period.
2. Buyer fills all required including Bank details duly signed and sealed returns the Draft FCO exchanging it by Email attachment, the FCO Copy will be deemed legal until hard copies exchanged.
3. The Seller presents Draft Contract for acceptance by the Buyer. Contract goes through normal negotiation and validation period.
4. Buyer returns the Draft Contract duly signed and sealed exchanging it by Email attachment, the Draft Copy will be deemed legal until hard copies exchanged.
5. Buyer Bank within 24 hours sends to Seller Bank via Swift BCL.
6. Seller within 24 hours sends to Buyer Attachment POP, Buyer upon confirmation within 24 hours, Buyer Bank issues Via SWIFT MT799 Blocked Funds to Seller Nominated Bank for a period of 120 Days Minimum.
7. Upon receipt Bank to Bank Final verification, the delivery and forwarding begin immediately according to the Contract.
All Banking charges including confirmation from the Buyer Bank shall be borne by the Buyer and all Banking charges including exportation of the Gold shall be incurred by the Seller at Seller Bank shall be borne by the Seller.
a. The Gold Bars would be picked up at the BUYER’s designated destination, on CIF basis at SELLER expense and warranty, as the agreed schedule (hereafter the “Delivery” Destination“
b. The Export Taxes, Export Documentation, Freight Cost and other export expenses are absorbed by the SELLER FINANCIER.
c. Immediately the contract is sign, Buyer will provide Authority to Send Funds Verification which Seller shall provide the Text to be use. Seller will provide to Buyer the SKR/Certificate of Ownership / Export License and Company Certificate of Trade and Assay Report, upon confirmation, Buyer is required under 24hours to issue Via Swift MT799 to Seller Bank. SELLER is responsible to deliver the Gold Bars to the Buyer’s designated destination. SELLER will provide all the necessary Documents in order to permit the shipment of the Gold Bars from the Destination Airport of Seller to Buyer Airport further Delivery to Buyer Refinery.
d. The Export Customs, VAT Taxes and other applicable Taxes at the destination Airport, are the SELLER Financier’s liability.
e. BUYER is responsible for all charges from his Destination Airport to his Refinery.
f. After receipt confirmation of Full Assayed by the Buyer Refinery, the Gold Bars remains the property of the SELLER, and the BUYER cannot transfer it to any other entity, until the payment is made to Seller Bank including all Commission which empowered Seller to transfer the ownership of the Gold Bars to Buyer.
g.SELLER shall agree on the BUYER mandate format of SPA Agreement provided. It stand the same with this Document Called (FCO)
GUARANTEE OF THE CONTRACT
As soon as this FCO is signed and one party fails to comply as agreed here on the FCO procedure from 1 to 7 above, the failing party shall pay the sum of $50.000 to the order party.
A) - GUARANTEE OF THE EXECUTION & PRICING OF THE CONTRACT:
1).-BUYER will issue Bank guarantee known as Blocked of Funds Via Swift MT799 for the amount equal to the value of One (1) shipment with Seller (Verbiage).
2). The Buyer and Seller understand that, after Bank to Bank Swift confirmation, the Seller shall deliver the Gold whiten 14day. Further More, Buyer and Seller understand that, the payment Guarantee will be valued for 385Days period to cover the contract.
B) - PAYMENT TERMS
a)- The payment to the Gold shall be made by Bank Wire Transfer to the SELLER’ s Bank Account within 96 \ 120 Banking Hours after final Assay and upon satisfactory completion of the refining and simultaneous transfer of the Gold Bars title to Buyer Name.
b) - BUYER is required to send a copy of the swift to Seller by E-mail.
c) – In Case BUYER is not willing be present in SELLER’s Country to sign a Contract, then it will be made via Fax \ Emails and will be legally binding until the original are Exchanged.
d) - The commissions to Buyer’s and Seller Agents and his mandates shall be paid by the BUYER through Swift Transfer within 96 \ 120 Banking Hours after final Assay and upon satisfactory completion of the refinery.
e)- Within 14 working days or earlier after the confirmation of the Bank Instrument on Bank To Bank basis by Sellers Bank , SELLER shall commence the delivery of Gold Bars to BUYER’s Destination, by sending an advance notice to Buyer.
This FCO shall not be amended unless agreed upon by both Parties with written consent signed and exchanged between the Parties, personally by the Seller or the Seller’s Trustee and the Buyer or the Buyer’s Trustee. This Full Corporate Offer shall have a term of 5 working Days from the date of seller’s signature.
IN WITNESS WHEREOF
The Parties have executed this Full Corporate Offer and the Parties acknowledge the first date referred above as the official and legal date of this Full Corporate Offer.
BANK ACCOUNT DETAILS OF THE SELLER
Buyer or Seller has the right to change his or her Bank details, such Act must notify the order party less than 24 hours.