Looking For Real And Genuine Seller Of Au Bullion Gold - USAprice: contact company for price
of company which they normally buy gold for several banks and below are
Commodity : Au/Gold Bullion ( GLD Standards)
Weight : Principle but not exclusively 12.5kg Bars
Purity : 999.5/1000 or better Fineness
Refinery : LBMA - Certified Refinery/Recognized Hallmarks
Assay Report : Less than five (5) Years old ( Heritage assets considered)
Storage : Seller's bank - controlled storage or market accepted GLD security Facility
Delivery : On an ' AS WHERE IS ' basis
Quantity : Any amounts-large or small ( with R & E)
Tranche Size : Maximum 200 metric tons AU per week
pricing : Second Fixing LBMA, Less agreed discount
Payment : Cleared cash funds against transfer/delivery
They will purchase all the seller's G;LD inventory on offer. Any bullion amounts-large or small. Stored anywhere in the world. Whatever quantities seller can provide. Maximum tranche size 200 metric tons AU per week until the seller stock is exhausted.
They will purchase gold bullion privately for our own investment portfolio only. We are not gold traders, dealers, sellers or re-sellers. The Seller product will not be sold forward.
They are regularly delegate our position as buyer to various ' top 25' world ranked banks. This means that seller close with a major purchasing bank as ' Buyer of Records'. For a seller seeking reliable & financially capable Buyer- This is a tremendous Benefit.
The Au metal must held, FOB -ready, in seller's bank-controlled storage or market-accepted GLD security facility and sold under Full Banking Responsibility of the seller's bank. Bullion officer to Bullion officer. We do not lift the stock, transfer of the title only.
The closing procedure are left to the seller's Bullion Officer and buyer's bullion Officer to determine: normally, a 'bank-to-bank' closing ( or a 'desk-to-desk' closing, as the case may be), via bank screens- as the Bullion Officers deem appropriate.
Step to follow : The seller bank officer contacts the buyers Coordinating bank officer at a pre-arranged 'window time' and confirms that the has the sufficient funds to purchase the seller Au metal.
The buyer and seller sign the SPA/IMPFA electronically and lodge the fully executed contract with their respective Banks.
The seller Provides a bank letter, addressed to the seller, confirming the seller's Au metal and inviting the buyer bullion officer to contact the seller bullion officer and conclude the transaction under full banking responsibility.
The Buyer assigns its position in the SPA to their purchasing bank, a top 25 world ranked Bank ( One of five major international banks that the buyers works with ). The partied to the SPA/IMPFA are now the seller and the purchasing bank.
The purchasing Bank's Bullion Officer contacts the seller's Bullion Officer to conduct the proof of product/ proof of funds exchange and close the transaction under ' bank-to-bank' responsibility.
The transaction is concluded on the following basis :
The Purchase of the initial amount of Au metal is closed between the seller's bank and the purchasing bank on a ' payment-againts-delivery' ( transfer of title) basis as per the delivery date given for the lift in the delivery schedule of the SPA
- Posted By: Budubay International Limited
- Phone: 4048206521
- Address: 685 round tree road,, RIVERDALE, GA, USA
Published date: August 30, 2013 -
- Business Description: involved in international trade import export of goods, products, and services
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