GOLD SELLER - BANK TO BANK (100% CIF) No upfront payment until gold arrives in buyer’s destination.
GOLD SELLER - BANK TO BANK (100% CIF)
No upfront payment until gold arrives in buyer’s destination. Strictly CIF . Cost, Insurance and Freight are paid for by the seller NOT the buyer.
- Commodity: Gold Bars
- Weight: 1Kg
- Quality: 23+ Karats
- Purity: 96+%
- Trial: 100Kg
- Contract: 500Kg (minimum) per month
- Price: LBMA - 10%(gross)
- 9% net to Buyer
- 1% net to mediators (Buyer/Seller 0.5% each side)
- Payment : BG or SBLC. Full payment is made via MT103 AFTER the gold has been delivered and the refinery assay test is complete and verified.