NEW AU Draft SPA CIF 12-9%
NEW AU Draft SPA CIF 12-9%
Please check the attached documents
Please inform it if a buyer is interested.
The seller’s procedures are not negotiable.
Commodity: International Precious Metal HS71081200 in Bar Importable and
Exportable Worldwide Original GLD AU Bars in 1 Kg and 12.5
Kg weight (recyclable and used series 1999 – 2016 Origin; Canada, Australia and Switzerland).
Shape / Size: 1 Kg and 12.5 Kg Bars of AU Metal (1 Kg = 32.1507425 Fine Troy Ounces)
Fineness/Purity: 99.95% (999.5) or 99.99% (999.9) (24 CARATS, Minimum, Plus)
Quantity: Weekly, Bi-weekly or Monthly: minimum 400 Kg and maximum 4.800 Kg per CIF delivery. Rolls and extensions to be determined.
First Tranche: 400-4.800 Kg
Other tranches: To be Agreed.
Delivery location: CIF BUYERS REFINERY
Country of Origin/Brand: According to the list which will be mentioned on SPA (option of the Seller)
City/Country of Export: Canada / Switzerland / USA / Australia / Hong Kong / Singapore/ United Kingdom (option of the Seller)
Delivery/Lifts: CIF to Buyers LBMA accredited refinery (INCOTERMS 2010 or latest) (in terms of exporting, we will use third party logistics such as Brinks or Malca-Amit to handle shipping and customs clearance).
Purchase Price: The Discount is GROSS LBMA -12% / NET -9% to Buyer including CIF to Buyers LBMA accredited refinery, per Kilogram based on Second Price Fixing at the LBMA on the prior day of execution for Good Delivery Bars with a minimum grade of 99.95% AU. In the event LBMA is not operating on that scheduled day, the price calculation shall be used based on the 2nd
LBMA fixing of the Market opening day. Delivery is Inclusive of Malca-Amit or Brink’s Security Insurance.
Commission: One-point five percent (1.5%) for Sellers representatives (Closed) / one-point five percent (1.5%) for Buyers representatives, the Seller is the commission payer.
PACKING: Export Packing / Pallet by Metal Strapping / Bubble Wrap & Insurance
Payment Guarantee: Any of the Fully Operational, Irrevocable, Confirmed, Revolving, Non-Transferable and Non-assignable Guarantees from the list below:
A) Letter of Credit (LC) 100% at Sight via SWIFT MT700, or
B) Blocked Funds via SWIFT MT799, or
C) MT760 SBLC, or
D) MT799 BPU, or
E) MT103-72 CONDITIONAL PAYMENT
(The payment guarantee must cover 400 kg for the first shipment in order to obtain this price range. All bank-to-bank SWIFTs must be fully RMA established, authenticated and confirmed through the SWIFT headquarters in Brussels, Belgium and the internal department of the bank. Any intervention with SWIFT, offline SWIFT, dummy SWIFT, off-ledger funds, SWIFT misrepresentation or counterfeiting of SWIFT will be reported and a penalty of 1% will be compensated to the Seller).
PAYMENT METHODS:
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