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Rough Diamonds

  • Mexico Mexico  
  • Last Updated:
    Posted on: 11 Nov 2024

  • Time Left: 12Y 1M
  • Buying Frequency: Weekly
  • Destination Port: Miami, FL USA
Buyer Information

RFQ Details

Rough Diamonds (RD)
Gem grade, sawable and makeable. No flats.
5 carats to 30 carats with a good mix up to the largest stones. IF through VVS2.
D-E-F-G-H, pure white.
1 , 000 carats minimum up to 50, 000 maximum of rough diamonds, with rolls and extensions. Buyer's option to increase monthly quantity after first tranche.
USD $800 to $1600 plus commission, is accepted if parcel is within 5% of
the manifest.
Brazil, Africa, Canada (or anywhere) (Kimberley process member states).
CIF MIAMI, USA.
Spot with rolls and extensions or contract with rolls and extensions. Tamper-Proof Export Package Box or as prescribed by Buyer.
Per Buyer and Seller mutual agreement.
3% conmlission for the buyer mandate and buyer facilitators, per fee protection agreement.
Procedures:
1 . Seller issues manifest with detail and pricing.
2. Buyer responds with LOI agreeing to the manifest and procedures.
3. Seller issues Contract to Buyer.
4. Buyers signs and seals Contract.
5. Seller ships this parcel indicated on above manifest to Brinks, MIAMI, USA.
6. Seller offers Proof of Product to the Buyers and invites them to TTM in MIAMI [copy of Kimberley papers and a verification from Brinks MIAMI that the parcel is there, or an air way bill that the parcel is en route]. Buyer verifies the POP.
7. Then the Buyers will offer their POF through MT199, , funds blocked in buyer's account, a full Brinks account, or other mutually agreed by buyer and seller.
8. Buyer confirms to attend the TTM in MIAMI.
9. Buyers attend the TTM in MIAMI, inspect the parcel, and if within 5% of the manifest, pays for the parcel by wire from buyer's bank to seller's bank.
10. Payment of commissions to the buy side of 3% per commission protection agreement will occur at the same time as payment for the parcel.
11. After verifying payment, Seller releases title to the parcel, deal closes.
IRREVOCABLE PAY ORDER WITH DELIVERY


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