COMMODITY: AU METAL (GOLD) GOLD BARS QUANTITY: 100 MT (ONE HUNDRED METRIC TONS) WITH ROLLS AND EXTENSIONS UP TO 5000 MT. QUALITY: FINENESS 999.5/1000 OR BETTER
HALLMARK: INTERNATIONALLY ACCEPTED (JOHNSON & MATTHEY) PRICE BASED ON LONDON BULLION MARKET RATE (LMBR) ON THE DAY OF CLOSING AND TRANSFER THE OWNERSHIP LESS DISCOUNT
DISCOUNT: 80 % (FIVE PERCENT) GROSS 5.0% (FOUR PERCENT) NET TO THE BUYER
COMMISSION: 1.5% TO BUYERS SIDE 1.5% TO THE SELLERS SIDE (CLOSED) PAYMENT: BY SWIFT WIRE TRANSFER IN UNITED STATES DOLLARS OF CLEAN CLEAR OF NONCRIMINALORIGIN. DELIVERY: BANK TO BANK HSBC HONG KONG
PROCEDURES: 1) SELLER SENDS F.C.O TO THE BUYER OR BUYER MANDATE. 2) BUYER SENDS L.O.I (LETTER OF INTENT) RWA TO THE SELLER. 3) SELLER SENDS THE CONTRACT TO BE SIGNED, SEALED BY THE BUYER WITH HIS FULL BANKING COORDINATES AND TO BE SIGNED BY THE SELLER WITH THEIR FULL BANKING COORDINATES. 4) AFTER STEP FOUR (3) BOTH SELLER AND BUYER WILL LODGE CONTRACT WITH THIER RESPECTIVE BANKS Posted from US - California on 22 November, 2008
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