Scribd Logo
Upload

Welcome to Scribd!

  • 13 views

    2024-02-1-Indonesia Au Gold Sales

    Uploaded by

    Chiko Mensah
    The document provides terms and conditions for the sale of 1kg gold bars with 99.99% purity from Indonesia. It details the product, certification, monthly lifting quantity of 2 metric tons, delivery terms, supply capability, and an 11-point procedure for issuing letters of intent, contracts, guarantees, delivery, and payments.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    2024-02-1-Indonesia Au Gold Sales

    Uploaded by

    Chiko Mensah
    13 views2 pages
    The document provides terms and conditions for the sale of 1kg gold bars with 99.99% purity from Indonesia. It details the product, certification, monthly lifting quantity of 2 metric tons, delivery terms, supply capability, and an 11-point procedure for issuing letters of intent, contracts, guarantees, delivery, and payments.

    Original Title

    2024-02-1-INDONESIA AU GOLD SALES(1)

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document provides terms and conditions for the sale of 1kg gold bars with 99.99% purity from Indonesia. It details the product, certification, monthly lifting quantity of 2 metric tons, delivery terms, supply capability, and an 11-point procedure for issuing letters of intent, contracts, guarantees, delivery, and payments.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    13 views2 pages

    2024-02-1-Indonesia Au Gold Sales

    Uploaded by

    Chiko Mensah
    The document provides terms and conditions for the sale of 1kg gold bars with 99.99% purity from Indonesia. It details the product, certification, monthly lifting quantity of 2 metric tons, delivery terms, supply capability, and an 11-point procedure for issuing letters of intent, contracts, guarantees, delivery, and payments.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 2

    Date : February 1, 2024.

    Ref. : AU 1KG GOLD BARS 99.99% PURITY.

    In reference to the sales of AU 1KG Gold Bars 99.99% Purity from Indonesia, herewith I
    provide you the SOP.

    SALE OFFER FROM YOGYAKARTA KINGDOM.

    Product : AU GOLD BARS.

    Finess/Purity : 99.99%.

    Weight : 1Kg per bar.

    Hallmark : METALOR
    METALOR TECHNOLOGIES (HONG KONG) LIMITED.

    Certification & Confirmation : PT. ANTAM TBK, INDONESIA / LOGAM MULIA.

    Monthly lifting Quantity : TWO Metric Ton (2 MT).

    Delivery : CIF, Buyer’s Destination, in accordance with LBMA


    international standard for good delivery AU GOLD
    Bars.

    Supply Capability : TWO Metric Ton (2 MT) Per Month for 12 months
    contract with possible roll and extensions.

    TERMS, CONDITIONS AND PROCEDURES.

    1). Buyer shall issue a LOI specifying the quantity of purchase and the duration/
    terms of purchase addressed to:

    et Me Labbaci sylvie

    Attention de : a Mr Belda (CEO). Espagne

    The Seller will issue FCO directly to the Buyer,

    If the FCO meets the requirements and expectations of the Buyer, the buyer shall
    2). sign acknowledgement, acceptance, and approval of the FCO and return a copy
    to the Seller,
    3).
    The Seller will issue the Draft Sales & Purchase Agreement for the review and
    approval of the Buyer,

    4).
    5). Once the Buyer approves the Draft Sales & Purchase Agreement, the Seller and
    the Buyer shall sign and seal the Sales & Purchase Agreement in a manner
    convenient to both parties (Either in person on hardcopies or via email/electronic
    media).

    6). For a one (1) year contract period of Monthly delivery, the Buyer shall issue a
    payment guarantee via a SBLC for a tenure of 1 year 10 Days for the value of Two
    Metric Ton (2 MT), and

    7). Pursuant to paragraph 6 above hereof, the Buyer shall issue the SBLC to the
    Seller’s bank within five (5) International Banking Days reckoned from the date of
    the Sales & Purchase Agreement,

    8). Once the Seller’s bank receives the SBLC from the buyer’s bank, within five (5)
    International Banking Days reckoned from the date of the Seller’s bank receiving
    the SBLC from the Buyer’s bank, the Seller’s bank will issue a Performance Bond
    (PB) for the value of two percent (2%) of Two Metric Ton (2 MT),

    9). The Seller will deliver the Commodity to the Buyer’s destination upon 10
    international banking days reckoned from the date of the Seller’s bank confirming
    and receiving the SBLC from the Buyer’s bank,

    10). The Buyer shall make payment via SWIFT-MT-103 within three (3) International
    Banking Days reckoned from the date of the Buyer’s assayer’s/refinery’s certificate
    of the quantity and quality of the commodity received at the Buyer’s destination
    on the basis of CIF delivery,

    11). The subsequent monthly delivery will commence in accordance with the delivery
    schedule until the full contract is accomplished and consummated,

    Please feel free to contact me for further information or

    clarifications. Thank you,

    Mr belda et labbaci

    You might also like