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gold bullion swiss procedure

  • USA USA  
  • Last Updated:
    Posted on: 12 Oct 2020

RFQ Details

We are facilitators to a major certified GLD bullion buyer. Buyer looking to purchase GLD that meets the following requirements: gold must be in the GLD system, Hallmarked, registered, and on deposit in a certified depository or major bank. We are dealing directly with the buyer&;s mandated representative. DO NOT contact us if you are dealing with a broker chain. Please contact only if you have some sort of direct relationship with a confirmed seller and have a full understanding of our buyer;s requirements before inquiring. If you have any interest, please reply or contact at me at the email address below

This is the non negotiable commission breakdown for any gold transaction with my GLD CERTIFIED buyer:

Buyer mandate: 40%

Buyer Bullion Consultant: 15%

Intermediary group: 15% (My partner and I)

Agent groups: Two groups of 15% or a total of 30%

The gold must be in a certified GLD bank or depository and free and clear for sale.

You will be dealing DIRECT to the buyer mandate

These are the standard GLD authorized procedures:

1. The seller must issue a Full Corporate Offer

2. The seller must also submit one paymaster name for the Fee Pay Agreement.

3. The buyer will then submit for the sellers signature a Formal Purchase Contract with a Formal Fee Pay Agreement.

4. Upon receipt of these signed approved documents the buyer will sign them and return them.

5. The buyer then deposits the funds for both the PSA/FPA into their Bullion Officers account

6. The seller then submits to the buyers Bullion Officer their Bullion Officers name and contact info.

7. The Bullion Officers then conclude the transfer of funds and ownership certificates.

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