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buy AU metal

  • India India  
  • Last Updated:
    Posted on: 25 Sep 2024

  • Destination Port: Delhi
Buyer Information

RFQ Details

Gold

Dear sirs! We need:
product: gold in standard 1 kgs bars (good london
delivery)
fineness/purity: 999.5/1000 or better
hallmark: internationally accepted
price: second fixing, london bullion market on the day of closing
payment: swift wire transfer in clean, non-criminal united states
dollars



Banking procedures:

1. Seller issues fco
2. Buyer issues icpo complete with banking details
3. Seller issues draft contract
4. Buyer signs/seals and returns contract and issues pre-advise
payment instrument to sellers bank
5. Sellers bank issues confirmation by swift to buyers bank along
with the 2% performance bond
6. Buyers bank will issue payment instrument
7. Deliveries commence as per contract terms


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