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AU Powder Gold 24 from Mali

  • Brazil Brazil  
  • Quantity Required: 25 Kilogram
  • Last Updated:23 Mar 2018
  • Buying Frequency: Daily
  • FOB Unit Price (USD): 1000 Kilogram
  • Payment Terms: T/T, L/C, D/A, D/P
  • Shipping Terms: FOB
  • Destination Port: Brussels Aiport

RFQ Details

Spot: 25Kg
Contract: 50 to 100kg/week
Quality: 24 carat - 99,95%
Delivered at Brussels Airport

--- PROCEDURE - NON NEGOTIABLE -----

PROCEDURE
The execution of this contract will take effect from the signing of the present by the legal representatives. An original copy will be given to each party.
a) An analysis determining the quantity and quality will be carried out by the refinery in the presence of the parties.
b) The seller remains the owner of the gold dust until the final report drawn up by the refinery.
(c) Within one working day of receipt and acceptance of the gold dust, the refinery melts the so-called dust in order to obtain 99.95 and 24-carat ingots. At the end of these operations, the refinery established a final report specifying the amount of net gold to 24 carats thus obtained.
d) The seller hands the title of the gold to the buyer when handing over the documents in the presence of the buyer's banker.
The latter proceeds, by Swift transfer, to the payment of the amount resulting from the contract and will give a duplicate to the seller.
The seller's bank account will be credited within the banking formality (about two days).

ARTICLE 8 - TRANSPORT
The seller will make the necessary arrangements to inform the buyer of the date of departure and provide the L.T.A.
The buyer must arrange the transport of the goods from Brussels Airport to the selected refinery.
ARTICLE 9- INSURANCE
In accordance with the rules of the C.C.I. and conditions of this contract the insurance is on behalf of the seller and his sole responsibility.
ARTICLE 10 - FORCE MAJEURE
None of the parties to this contract are held responsible for violation of the agreement caused by a religious act, insurrection, civil war, military operations or local emergencies.
The parties accept the "force majeure" provision as published by the International Chamber of Commerce and as defined in the C.C.I. from Paris or Luxembourg.


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