Gold C.I.F SBLC, LC and BG via Swift MT760

Commodity            :  Gold
Origin                     :  Republic of Ghana
Form                       :  Gold Bar
Product-History     :  Clean, Clear, No Liens and Non-Criminal Origin
Delivery                  :  CIF
Purity                      :  99.95% purity
Minimum Quantity :  100 kilos
DOCUMENTS AND PROCEDURE
Each shipment and delivery shall be identified with all assigned contract reference codes and numbers.
The Following documents shall be issued prior to shipping and arrival of gold:
Ø    Commercial Invoice
Ø     Packing List
Ø     Assay Report
Ø     Certificate of Origin
Ø     Bank of Ghana export declaration
Ø     Customs Declaration forms
Ø     Airway Bill
Price                        :  10% Discount OFF LMA
Currency                 :  USD
Payment                  :  Wire-Transfer

PROCEDURE:
Buyer shall send Bank Guarantee (BG), Standby Letter of Credit (SBLC) or LETTER OF CREDIT (LC) via Swift MT 760 for a term of one year and one day (366 days) and the funds will remain unencumbered during this period. For the entire term of the contract in accordance with our Financier’s Bank verbiage as a guarantee of Payment for 100% CIF.
* Shipments shall be 100% CIF.
* Seller shall pay all expenses to deliver the gold to buyer's refinery in Buyer's country..
ü  The gold shall be processed and delivered in batch on a monthly basis.


 We are in partnership with a registered gold trading; Government approved gold Refinery and Export Company in Ghana with two mining Concessions. The Refinery also have Export License to export Gold to any country in the world. They have about 32 buying centers (Small Mines) that they finance for them to mine and deliver Gold to the company at discounted price, because the company pre-finances their operations. With 32 buying centers fully financed, a total of 350kg monthly is guarantee, However, if buyer can provide SBLC, BG or LC for a minimum of 100 kilograms on a one (1) year contract, we can deliver to any destination of buyer’s choice.
           We can deliver about 3,600 kg annually on CIF basis if buyer is ready to issue 100% secure and risk-free payment instruments like Bank Guarantee (BG) Letter of Credit (LC) or Standby Letter of Credit (SBLC) as a payment Collateral for the products to be delivered.
Payment will be based on minimum 99.95% and maximum 99.99% purity after final assay at buyer’s destination refinery.

Below are the PROCEDURES acceptable to us for the execution of the delivery
... 1 ...   Seller and Buyer execute SPA and deposit with respective banks.
... 2 ...   Within 2 working days Buyer Bank swift irrevocable, transferable and confirmable SBLC, BG or LC to Seller’s Financier Bank.
... 3 ...   Within 7 days upon receipt of Bank Instrument, Seller prepare the 1st monthly tranche for shipment to Buyer’s nominated destination airport in ??.
... 4 ...   Before shipment, the Gold is Assay at Government approved refinery in Ghana and the Assay report with other shipping documents sent to Buyer and copies both seller and buyers banks.
... 5 ...   Gold arrive buyers destination airport. Buyer shall be responsible for duties and Government taxes at the destination port and buyer shall also be responsible for clearance of Gold to buyer destination Refinery.
... 6 ...   Buyer’s refinery conducts Final Assay and issues report to determine actual weight and purity of Gold which will serve as the bases for payment.
... 7 ...   Based on the final weight of the gold and the final purity of minimum 99.95% of the assay, seller will present a commercial invoice for full value of assayed gold.
.

PRICE: We offer a Gross Discount of 10% OFF LMA, 
If the above PROCEDURE and PRICE are acceptable to you kindly revert so that we proceed to Draft SPA for your review, completion and signature.