We see your advert that you are interested to
buy gold,
below is our procedure
1 We sell on CIF basis
from 500 KG and above
2 The buyer shall issue NON OPERATIVE SBLC (STANDBY LETTER OF CREDIT)
from a prime bank.
3
.The seller shall issue 2% PERFORMANCE BOND to activate the SBLC..
4. Payment will be
made after assay,
As you aware, the
conditions are not favorable in
Ghana to deal on CIF. Transactions on FOB are
handled by PMMC, which is the government agency responsible for sales of
gold on behalf of government. They deal strictly on cash to cash basis;
of course, the government price would be offered to prospective buyers,
which would be above our current CIF price, which is $ 23,000 that we
have offered.
Based on this, we have a
fiduciary/financier in Europe and America that handles our finances in
the purchase and payment of gold including shipment and documentation to
the buyers final destination/Refinery.
If the
above conditions are acceptable to you, then you should issue LOI
(LETTER OF INTENT), which would enable us to issue FCO (FULL CORPORATE
OFFER) and subsequently, SPA (SALES AND PURCHASE AGREEMENT)
Thanks and best
regards,
Best regards
Musa |
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