Gold
The purest of treasures, worthy of your worth
Gold Procurement Procedures
The seller sends a FCO, which is accepted by the buyer.
2. The buyer and seller sign the FCO.
3. The Buyer shall render any necessary assistance, such as issuing an invitation letter or invoice, for the seller to acquire a visa for the buyer’s destination.
4.The buyer shall render a 10% payment for all logistics to ship the goods to the final destination.
5. The seller, through the shipping agent, will arrange the assay of the goods, then will make all necessary arrangements for their export, arrange all necessary documents, pay all necessary taxes, and arrange insurance and shipping to the buyer’s chosen destination.
6. The seller and facilitator shall both accompany the goods to the buyer’s chosen refinery.
7. The assay will take place at the buyer’s refinery. The credible result of that assay will be accepted by all parties.
8. The buyer will pay the seller and facilitator the agreed price for the goods within 24 hours of the assay result.
9. The buyer will make payment by TT wire transfer (TWT) from the buyer's contracted authorised authority account as per instructions from the seller and as defined in the SPA.
10. The product and its ownership will be transferred by the seller to the buyer.
11. Transactions for subsequent tranches specified in the SPA will follow the same