Origin: DRC
Purity: 96%
Payment term: SBLC/BG, seller offers
2% PB
CIF Price: LBMA -15%
Trial order：Not less than 200kg
Monthly supply: up to 500kg
PROCEDURE:
� Buyer issues Letter of Intent (LOI)
or irrevocable Corporate Purchase
Order (ICPO) with
banking details.
� Seller issue�s Full Corporate Offer
(FCO) to Buyer for acceptance
� Buyer signs the Full Corporate
Offer as token of acceptance and
send it back to the Seller.
� Seller shares the first draft of the
SPA - Contract for the Buyer�s review
� Buyer and Seller sign SPA -
Contract with full banking co-
ordinates
� All parties including intermediaries
involved will be protected by the
issuance of
Irrevocable Fees Agreement and Pay
Order
� Seller then issues POP - including
Export Certificate, Certificate of
Origin and Export
License / Export Authorization
Permit and SKR
� Buyer bank upon receipt of the
above-mentioned POP will issue and
open the SBLC to
Seller�s Fiduciary Partner/Financier
� Once the Seller�s Financier�s Bank
confirms the receipt of the SBLC, the
Seller will
commence the delivery of the trial to
Brink�s Global Services/LOOMIS
Atlanta, GA, then
to the Buyer�s designated Refinery
within 20 - 25 days after the
confirmation and share
Waybills and copies of the
Exportation documents with the
Buyer.
� When the commodity arrives at
the destination, the Seller or the
Seller�s Representative
will travel to ensure the cargo /
consignment is cleared (at the
Seller�s Cost) and
transported to the refinery.
� The commodity will thereafter be
assayed for the purity confirmation
at the Buyer�s
designated Refinery. Once the assay
report has been released, the Buyer
will make
payments after 72 - 96 hours.