Gold Dore Bars

Specifications: Gold Dore Bars of 96% Purity 1Kg
each bar
Origin: Uganda
Packing: Export Package Box
First Tranches: TBA | Other Tranches: TBA
Shipment: CIF by Airfreight
Loading port: Entebbe International Airport

P R O C E D U R E S:
A) Seller sends FCO to Buyer.
B) The Buyer review FCO and make changes where appropriate and
signs/returns to seller.
C) The Seller and the Buyer exchange signed and sealed contract with full
banking coordinates.
D) Buyer provides POF to seller in this case a verifiable current dated bank
statement with a tear sheet or RWA letter signed and stamped by two Bank
Officers or SWIFT MT799, MT999, MT199 or BCL. POF shall be
confirmed by the seller’s bank.
E) After the buyer’s bank confirms POF, the seller provides POP that will
consist of a proforma
invoice and verifiable copy of Custodial Safe Keeping
Receipt
F) After receiving POP, the buyer shall within 5 working days instruct his bank
to issue a nonoperative
conditional BG/SBLC via SWIFT MT760 with an
agreed verbiage. (Or if buyer prefers step D “POF” will be skipped and
instead buyer will send by swift a “conditional non operative BG/SBLC and
seller will respond with POP).
G) Within 5 days of confirming the nonoperative
BG/SBLC from the buyer’s
bank, the seller instructs the seller’s bank to issue, via SWIFT, to the
Buyer´s Bank a Performance Guarantee of 2% upon which the BG/SBLC
becomes fully operative.
H) Upon the BG/SBLC becoming fully operative, the seller commences with the
logistics for the freight of the Gold and in a maximum of 15 days; the seller
shall have delivered the Gold to buyers agreed refinery
I) The seller’s representatives will accompany the Gold to the buyer’s country
J) The seller shall send all the associated documents to the buyer 72 hours
before the cargo (Gold) reaches final destination.
A) Commercial Invoice,
B) Insurance,
C) Certificate of Origin
D) Export Permit
E) Ownership Certificate,
F) Customs Clearance
G) Airway Bill