FCO GOLD BULLION BARS 25MT FOB DUBAI FROM URBAN ENERGY HOLDINGS LIMITED
FCO GOLD BULLION BARS 25MT FOB DUBAI FROM URBAN ENERGY HOLDINGS LIMITED
This gold offer is FOB Dubai not CIF Dubai MEANING the gold is ALREADY in Dubai.
If interested follow the procedure
Hello,
Please find the attached FCO, if your buyer agree to procedure and price, please sign the FCO as its offered!
DISCOUNT : 12% gross / 9% net discount
COMMISSION : Buyer pays to Seller and Seller to distribute pursuant to FPA.
3.0% Commission, as stated below:
1.5% to Seller Side (CLOSED),
1.5 % to Buyer’s Side(.75% closed for facilitators group)
Buyer side commission 1.5% of which .75% closed for facilitators group and .75% open to share starting from my company.
If agreed, please send signed FCO back at your earliest.
First come first served basis, until offer sold!
PRODUCT DESCRIPTION:
COMMODITY : Gold Bullion
FORM : 12.5 kilo bars of GLD Standard
FINENESS : 999.9% or better
HALLMARK : Internationally accepted hallmarks with less than 5 years.
LOCATION : Dubai
DELIVERY : FOB
QUANTITY : 25 Metric Tons with Roll Extension
DURATION : Depends on Buyer
TRANCHES : 1 metric tons.
PRICE : Per tranche. The agreed purchase price is the quoted price as set forth in the latest valid Second Fixing Rate (PM) Issued by the London Bullion Market Association (LBMA) on the Day-of-Transaction for the relevant tranche. In the event that the price is not available from LBMA for the purpose of transaction settlement on that scheduled day, the price calculation used shall be based on second LBMA fixing of the previous day, next change to last Market opening day.
DISCOUNT : 12% gross / 9% net discount
COMMISSION : Buyer pays to Seller and Seller to distribute pursuant to FPA.
3.0% Commission, as stated below:
1.5% to Seller Side (CLOSED),
1.5 % to Buyer’s Side (.75% closed for facilitators group)
PAYMENT : All PAYMENTS by clear, clean money of non-criminal origin and by SWIFT/WIRE TRANSFER MT103 after the first official available assay.
OTHER CONDITIONS OF PRODUCT:
(A). Unless otherwise stipulated above, the entire quantity of the Product adheres to the quality specifications for Good Delivery Gold as published by LBMA, is also in compliance with LBMA’s Responsible Gold Guidance, and its latest update.
(B.) The SELLER also declares that the Product is not associated with or belong to any country, organization or individual listed under any currently effective restriction or embargo resolutions of the United Nations
Security Council Committee and the SELLER do not work in collaboration with or to use its own name to sell the Product on behalf of any of the aforesaid countries, organizations or individuals.
TRANSPORT & PRODUCT DOCUMENTATION
(a) Original Certificate of Deposit
(b) Proforma Commercial Invoices in favor of Buyer
(c) Certificate of Origin
(d) Certificate of Legal Ownership
(e) Internationally Accepted Assay Certificate
(f) Certificate of Insurance
(g) Export Permit – Export License
(h) Custom Duty Seller’s Certificate stating that the refined Bullions are free and clear of all liens and encumbrances and freely tradable and exportable and is of no criminal origin. Any other document required at the country of Discharge as by the Customs for the import of the Bullion.
(i) Warehouse Receipts
(j) Certificate of Weight List describing each bar as follows:
? Serial Number as stamped on each bar
? Fineness as stamped on each bar
? Raw Weight as stamped on each bar
? Total Weight as stamped on each bar
? Receipt of Custom Duties and Taxes
(k) Packing list
(l) Bank Warranty of Delivery
PROCEDURE:
The Parties hereby agree to perform the following steps of the Procedure in the exact sequence in a timely manner. Time is of essence for all steps below.
1. Seller and Buyer sign this Agreement
2. Buyer and Seller lodge the signed Agreement along with NCNDA and IMFPA with their respective Banks.
3. Buyer’s Bank sends to Seller’s Bank MT 199 ( Proof of funds) for first Trance of 1MT.
4. Within Three (3) banking days, Seller’s Bank Officer shall present the copy of the SKR/POP of 1MT as Proof of Product to Buyer’s Bank Officer.
5. Seller shall invite Buyer for the physical inspection of the AU Metal at the Seller’s Storage/Vault in Dubai and Seller shall also provide the original SKR/POP of AU with related Documentation to the Buyer. The Buyer then shall sign for acknowledgement of the said SKR/POP and the documentation.
6. Seller also accepts Buyer’s request to deliver the said commodity to one of LBMA approved refineries to assay and certify the commodity as a standard payment procedure, all expenses incurred will be for Buyer’s account for which the Buyer must sign a side contract with the said refinery or include in the Agreement. The total inspection time shall be agreed between Buyer and Seller.
7 After assaying, Seller and Buyer have a meeting in the Seller’s Warehouse/Legal Office or Buyer’s Bank for concluding the Transaction. Buyer shall release the full payment via MT103 or TT for the Au of THE FIRST 1MT, into the Seller’s Account. Seller shall transfer the Ownership of the AU Metal 1MT and all related documentation to the Buyer.
8. Provided the Buyer is satisfied with the assay results of the First 1MT, the purchase of the remaining quantity can be completed without further assaying and within Thirty (30) banking days. Buyer bank will unblock the proof of fund (SWIFT MT799) immediately after completing the purchase of the total quantity of 25MT, even if this is less than the thirty (30) banking day period.
9. Thereafter, any Rolls and Extensions to be agreed between Seller and Buyer.
Thanks & Regards
SECURITY NOTICE:
WE ARE NOT RESPONSIBLE FOR MISQUOTES OR STATEMENTS AND MISTAKES / ERRORS ETC. BY PROVIDERS/SELLERS & RECEIVERS/BUYERS OF ANY DEAL.
CAVEAT:
This is not an offer to buy or sell financial instruments. My sole function is to identify potential buyers, and to introduce Buyer and Sellers agents for them to negotiate final terms and procedures.
DISCLAIMER:
Sender is NOT a United States Securities Dealer or Broker or U.S. Investment adviser. Sender is a Facilitator and makes no warranties or representations as to the Buyer, Seller or Transaction. All due diligence is the responsibility of the Buyer and Seller. This E-mail letter and the related documents contained herein are never to be considered a solicitation for any purpose in any form or content. Upon receipt of these documents, the Recipient hereby acknowledges this Disclaimer. If acknowledgement is not accepted, Recipient must return any and all documents in their original receipted condition to Sender. This message (including any and all attachments) is covered by the Electronic Communications Privacy Act 18 U.S.C. 2510-2521, is confidential and legally privileged.
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