NON NEGOTIABLE, NON SWISS PROCEDURES AND NON GLD SYSTEM GOLD BULLION SOFT CORPORATE OFFER, PAYMENT GUARANTEED BY SWIFT MT760 SBLC/ SWIFT MT799 BLOCK FUNDS/ SWIFT MT 103/202, INDEMNITY  PRIOR TO RELEASE OF POP-SKR VIA VERIFIABLE CUSTODY BANK SWIFT MT600-700.

We, authorized by the seller legally authorized by the owner of the gold, hereby irrevocably confirm and guarantee with full responsibility and legal authority; and under penalty of perjury or fraud, that we are dealing directly with the bona fide legal seller of the gold bullion offered, and that I am ready, willing, and able to legally prosecute, title, and deliver the AU metal as described in terms, conditions and procedures set forth below;

1. ATTESTATION  

  1. PAYMENT AND SKR/POP/PERFORMANCE BOND:

 

  1. a) PAYMENT GUARANTEE BEFORE DELIVERY:

 

In USD or Euros by SWIFT Clean and Clear Funds of Non-Criminal Origin from a Top 25 Bank, REVOLVING SWIFT  

 

  • MT760 Non-operative SBLC or  
  •  MT799 Blocked Fund or  
  • INDEMNITY INSURANCE 
  • MT 103/202 

 

as a guarantee of payment for the first tranche delivery value for XXXXX KG/ MT of Gold  Bullion, VALID FOR 366 DAYS to REVOLVE for the entire lift of XXXXX MT (no less).  

 

INDEMNITY INSURANCE with a 350,000 Euro deposit – For a sum of Euro 350,000 cash deposit for Indemnity of the value of gold for 2 MTS to 100 MTS, the Company will deliver gold to the buyer without any payment guarantee by any bank instruments . Buyers will pay the cost of gold only after receiving the gold with the satisfactory assay reports. The company will provide a Corporate Guarantee to the buyer that if we fail to obtain the Indemnity, the company shall  return the deposit to the buyer. For more details, please the attached Policy and Guarantee to Return as attached.  

 

 

 

 

  1. b) PERFORMANCE BOND:

 

The seller provides a 2% Performance Bond upon receipt confirmation of buyer’s swift MT 760   SBLC to activate the NON-OPERATIVE MT760 SBLC.  

 

Please note that Performance Bond applies only to SBLC, not Block Fund, Swift Mt103/202 or Indemnity Insurance.  

 

  1. c) SKR / POP:

After the Buyer's bank has sent in the REVOLVING SWIFT  

 

  • MT760 Non-operative SBLC or  
  •  MT799 Blocked Fund or  
  • INDEMNITY INSURANCE 
  • MT 103/202 

 

as a guarantee of payment for the first tranche of XXXXX KG / MT to the Seller’s nominated fiduciary bank, the Seller’s bank on receiving and approving the Guarantee of payment will send POP / SKR via Swift MT 600-700 to Buyer’s bank along with an invitation to the Buyer to inspect the Gold within 5 banking days.  

 

  1. d) PAYMENT: 

By Swift MT 103/202 or TT in USD or Euro.  

 

  1. CONTRACT TERM:

 

6 months – 5 years. A total of XXXXX KG/ MT minimum with R&E.  

FURTHER TRANCHES AS AGREED BETWEEN THE BUYER AND SELLER 

 

  1. CHARGES:

 

All administrative charges to include transfer of new Title of ownership to Buyer, separate vault keeping, and physical invitation for inspection shall be borne by the Buyer, as  he may be charged by the Custodian Bank.  

 

  1. INSPECTION:

 

Viewing / Physical Inspection at the Bank Depository (upon Invitation). Only after receipt and confirmation of the buyer’s REVOLVING SWIFT  

 

  • MT760 Non-operative SBLC or  
  •  MT799 Blocked Fund or  
  • INDEMNITY INSURANCE 
  • MT 103/202  

VALID FOR 366 DAYS TO COVER THE FIRST XXXXX KG/ MT GOLD BULLION. 

 

  1. PROOF OF PRODUCT (POP):

 

  • CERTIFICATE OF METAL DEPOSIT  
  • SKR CERTIFICATE ISSUED BY THE CUSTODIAN BANK WITH FULL BANKING RESPONSIBILITY. 

 

  1. TRANSACTION PROCEDURES:  The Buyer confirms solemnly to the Seller as follows:

 

 

FOB PROCEDURE 

 

  1. FCO will be issued to Buyer after Seller receives the Buyer’s signed LOI / SCO. 

 

  1. After the Buyer has returned the completed, signed, and sealed SCO/FCO, this will indicate The Buyer’s acceptance of The Seller’s procedures. The Seller will then issue the Sales and Purchase Agreement (SPA). 

 

  1. After mutual agreement, The Buyer (first) and The Seller (second) will sign and seal the Sales

and Purchase Agreement with their full banking coordinates NCND and IMFPA. 

 

  1. The Seller and The Buyer will lodge the completed set of documents at their respective banks.

 

  1. The Buyer will then instruct his bank to initiate the REVOLVING SWIFT  

 

  • MT760 Non-operative SBLC or  
  •  MT799 Blocked Fund or  
  • INDEMNITY INSURANCE 
  • MT 103/202 

 

for the value of XXXXXX  KG/ MT valid for 366 days, as a guarantee of payment  for the first  

tranche of XXXXXX  KG/ MT GOLD BULLION 

 

  1. If required, though not essential, Buyer can swift MT 199 Pre-Advice or MT 799 RWA to inform Seller Bank Officer that Buyer is ready to commence the deal and Seller Bank Officer will respond accordingly. 

 

  1. Upon receiving, verifying, authenticating, and validating the 

 

  • SWIFT MT 760 Non-Operative SBLC at the Fiduciary bank, Seller will issue 

a 2% Performance Bond to activate the SBLC or  

  • MT799 Block fund or 
  • INDEMNITY INSURANCE 
  • MT 103/202 

Seller will then at the same time  provide Proof of Product (POP) BY WAY OF SKR CERTIFICATE issued through his Custodian Bank. The SKR as POP will be sent to the Buyer’s Bank via SWIFT MT 600-700, with a copy sent directly to the Buyer’s email address.  

 

  1.    Buyer along with an assayer of Buyer’s choice will then be invited to the Custodian Bank for Tabletop Meeting (TTM) and a physical viewing/inspection of the Gold Bullion Bars at the bank depository within 5 Banking Days after the SBLC is activated via the 2% PB or MT 799 Block Fund or Indemnity Deposit from the Seller. Buyer may also nominate Buyer’s Bullion Officer to attend on his behalf if preferred. 

 

  1. If so required, the buyer can take the gold to the mutually agreed refinery by both Seller and Buyer for assay with the buyer’s own arrangement and cost. 

 

  1. After the physical viewing/ inspection/assay of the Gold Bullion Bars at the bank depository and once the Buyer has settled the cost of the first tranche of XXXXX KG/ MT Gold Bullion Bars with the Seller of the gold, the Title of ownership of equal quantity of the first tranche of XXXXX KG/ MT Gold Bullion Bars) will be transferred to Buyer and delivery made, with subsequent deliveries made in the same way. 

 

K.. All the relevant documentation and paperwork will be provided to you (the Buyer) electronically (per tranche); Buyer will also receive an Assay Report for your records. 

 

L.. Once Buyer is confident of Seller’s ability to supply after the delivery of the first tranche of AU, Buyer’s REVOLVING SWIFT  

 

  • MT760 Non-operative SBLC or  
  •  MT799 Blocked Fund or  
  • INDEMNITY INSURANCE 
  • MT 103/202 

 

can be used for subsequent tranches as agreed between Buyer and Seller following the same process: full payment for the tranche of KG/ MT Gold Bullion Bars (via MT103 or T/T), against transfer of Title of ownership of the first tranche of XXXXX  KG / MT Gold Bullion Bars to Buyer. This is repeated per tranche until the total quantity of XXXXX MT (or more) is reached.  

 

  1. Buyer will naturally be granted the required authorization to verify the SKR and all other documents directly with the Custodian Bank of the Gold in his capacity as the Buyer.

 

  1. . Once the XXXXX MT is completely delivered to Buyer, the Seller shall retire the 2% Performance Bond and the Swift 

 

  • MT760 Non-operative SBLC or  
  •  MT799 Blocked Fund or  
  • INDEMNITY INSURANCE 
  • MT 103/202 

 

The commissions due will be paid by the Seller immediately and without delay to each appointed Paymaster or Beneficiary after each tranche ans as per the Terms and Conditions of the SEPARATE NCNDA / IMFPA   

 

CIF PROCEDURE  

  1. After mutual agreement, The Buyer (first) and The Seller (second) sign and seal the Sales and Purchase Agreement with their full banking coordinates with NCNDA and IMFPA. 
  2. Both Buyer and Seller deposit each SPA with their respective Banks. 
  3. Both Seller and Buyer shall have their account with their respective Banks as shall be designated in the SPA 

  

  1. If required, though not essential, Buyer can swift MT 199 Pre-Advice or MT 799 RWA to inform Seller Bank Officer that Buyer is ready to commence the deal and Seller Bank Officer will respond accordingly. 

 

  1. Buyer will send to Seller’s Fiduciary account a Payment Guarantee by Swift 
  • MT760 Non-operative SBLC to be activate by 2% Performance Bond or  
  •  MT799 Blocked Fund or  
  • INDEMNITY INSURANCE 
  • MT 103/202 
  1. Seller will then deposit gold bullion valued as per invoice with Buyer’s choice of Bank or Brinks for physical transfer of bullion manifest, title of owner’s documents for inspection 
  2. Upon satisfactory inspection Buyer’s Bank or Brinks on behalf of Buyer Contacts Seller by sending him all title documents as per list in clause (XXXXX )  for the gold bullion. This is a double security to ensure that the legal documents will not fall into unauthorized persons. 
  3. Buyer’s REVOLVING SWIFT MT760 Non-Operative SBLC / MT 799 Block Fund / Indemnity Insurance / MT 103/202 will be used for subsequent tranches as agreed between Buyer and Seller following the same process ； full payment of the first tranche of xxx   (xxx) MT Gold Bullion Bars (via 103 or TT) within 3 days after the transfer of the Title of Ownership to Buyer. This is repeated per tranche until a total quantity of (XXXXX ) MT (or more) is reached. 
  4. The commission due will be paid by the Seller immediately and without delay to each appointed Paymaster or Beneficiary after each tranche and as per Terms and Conditions of the SEPARATE NCNDA / IMFPA.

GENERAL: The Seller and Seller’s Mandate, The Buyer and The Buyer’s Mandate hereby agree that the information connected to this transaction must not and shall not be released to any person or legal body, EXCEPT THOSE ENTITLED TO KNOW ABOUT IT.  

 

 

  1. 8. Approved verbiage for Swift will be provided when the buyers have decided the type of bank instrument option to use. 

Director

Ramón Cardo

Mail Contact: RCA-Sellermandate@gmx.es

 

Crea tu propia página web con Webador