Dore’ Gold
Dore’ Gold
The mentioned original documents should be scanned and sent by email three days
prior to the metal shipment to the buyer to the given email account.
6. IMPLEMENTING PROCEDURES:
6.1. Buyer and Seller sign the Sales and Purchase Agreement, where delivery
protocol is outlined. Each page initialed. After the SPA is signed by both parties
then the buyer’s bank issues a bank endorsed Ready, Willing and Able Letter
(RWA) similar to the one presented in Appendix No. 1 within 3 business days.
The Buyer’s bank RWA must be issued with a copy emailed for our final review
and acceptance, upon approval the Buyer’s bank is to send the RWA via Swift
MT799 to Seller’s bank..
The RWA must state with full bank responsibility, the buyer has adequate funds
to purchase the gold shipment as well as honors payment for the gold shipment
upon presentation of final assay report from Buyer’s refinery and commercial
invoice from the Seller payable upon first demand.
6.2. The Seller will deliver the gold to the Buyer for refining and testing to the Buyer’s
designated international airport near the Buyer’s refinery by Kenya airways
via MALCA AMIT. The Seller/ Owner of the Gold and Title Holder will have the
option of accompanying the shipment of the gold. However, officials of MALCA
AMIT who will accompany the Gold will be received at the airport by Buyer or a
Representative of the Buyer.
6.2.1. Buyer together with the refinery, with the cooperation of the Seller, will be able
to test, analyze, merge and convert the gold into bullion at the Buyer’s refinery on
the day in which both parties agree.
6.2.2. Seller’s Export Agents (CONTINENTAL EXPRESS KENYA COMPANY LTD)
undertakes the logistics of processing export shipping documentation, processing
and payment of Export taxes/ Government Royalties with the Kenya Revenue
Authority to customs clearance at the Nairobi International airport for export
shipment of the gold from Nairobi.
6.2.3. The Seller, Seller Export Agents and officials of MALCA AMIT then undertakes the
loading of the Gold onto the aircraft for delivery to the Buyer.
Officials of MALCA AMIT will then board the same flight (Private Jet) that carries
the gold to Buyer’s refinery.
6.2.4 . Upon arrival at the Buyer’s International airport, the Buyer with his customs
Agent undertakes customs clearance with the assistance of the officials of
MALCA AMIT and delivers the Gold to the Buyer’s refinery by secured
transportation. MALCA AMIT officials and End Buyer to be present during the
whole process.
Thank you .