Please
contact us whether you are a seller or buyer of gold.
SWISS PROCEDURES:
The Transactions will take a place between Seller’s Bank Bullion
Officer and Buyer’s Bank Bullion Officer according to accepted
Swiss Procedure.
Seller issues to the Buyer a draft copy of the final contract
(this document) for Buyer’s approval. Buyer makes any necessary
changes to the contract and remits the contract back to the
Seller.
Buyer submits to the Seller the Letter of Intent to Purchase AU
Metal (LOI) with the full corporate and legal responsibility
starting their intent to purchase the AU as herein outline.
The Seller issues the Full Corporate Offer (FCO), Preliminary
Sales & Purchase Commercial Contract and full bank coordinates
and signs the same forwarding four (4) certified and signed
copies to the Buyer.
The buyer signs all copies and remits two (2) copies back to the
Seller along with the Confirmed Purchased Corporate Order Proof
and Buyer’s full Banking coordinates. This final signing fixes
the time window.
Seller and Buyer meet on KTT (bank-to-bank) basis through their
respective Bank Bullion Officer, who each in turn prove the
existence of the AU Metal and the proof of Funds in that order
as follows:
Seller bank deposits the following original documents with the
Buyer’s bank:
Certificate of Origin.
Certificate of Ownership
Certificate of Assayer’s Report
Certificate of Insurance
Commercial Invoice
Certification stating the Gold Bullion (AU Metal) is free of any
and all liens, encumbrances.
Buyer bank verifies that the Buyer is willing and able to
purchase the commodity represented by the above referenced
Certificates
Seller blocks the requested documents in his bank for the Buyer
favor.
Buyer deposits the agreed amount in the blocked account at his
bank for the Seller’s favor.
The financial operation of transaction will simultaneously via
KTT/SWIFT Ledger Transfer Funds.
Within five (5) days the Seller’s Bank will transfer the product
to the Buyer’s Bank
WE CAN WORK UNDER
DIFFERENT
PROCEDURES, BUT SWISS IS PREFERRED WHEN WE BUY.