Gold Buy Procedures
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Gold Buy Procedures User may find here a very simplified procedure. 1. Seller provide Buyer with detailed FCO and certificates 2. Buyer agree on procedures, quality, discount, quantity and commissions 3. Seller and Buyer exchange and sign (electronically) contract and MFPA 4. Seller provide Buyer with invitation for TTM (table top meeting) to review the physical gold at the place of deposit 5. At TTM Seller present to the Buyer all needed originals in paper format: - certification of ownership - history of of ownership of the gold - gold assay report - hallmark (if expired, Seller, at his costs, have to either renew it or agree to be melted) - export and lifting permissions/license/certificates - additional informations as per contract... 6. Payment - to be agreed on TTM as per contract, but usually: - if Buyer accept the hallmark - no need to be melted - if to be melted - after melting is finished and analyzed, payment will be released 7. Commission - never higher than 2% (or less!) - 1% buy and 1% sell side Contact: J Wood Company: Asset Securities Funding, LLC 7260 Azure Dr Las Vegas, NV 89130 United States Phone: 1 714 213 1694 E-Mail:
Transcript of Gold Buy Procedures
Gold Buy Procedures
User may find here a very simplified procedure.
1. Seller provide Buyer with detailed FCO and certificates 2. Buyer agree on procedures, quality, discount, quantity and commissions3. Seller and Buyer exchange and sign (electronically) contract and MFPA4. Seller provide Buyer with invitation for TTM (table top meeting) to review the physical gold at the place of deposit5. At TTM Seller present to the Buyer all needed originals in paper format:- certification of ownership- history of of ownership of the gold- gold assay report- hallmark (if expired, Seller, at his costs, have to either renew it or agree to be melted)- export and lifting permissions/license/certificates- additional informations as per contract...6. Payment - to be agreed on TTM as per contract, but usually:- if Buyer accept the hallmark - no need to be melted- if to be melted - after melting is finished and analyzed, payment will be released 7. Commission - never higher than 2% (or less!) - 1% buy and 1% sell side
Contact: J Wood
Company: Asset Securities Funding, LLC
7260 Azure Dr
Las Vegas, NV 89130
United States
Phone: 1 714 213 1694
E-Mail:
Date/Time: 7/11/09 23:51 GMT
Bank instruments, sblc, bg, pof, mt 760, mt 799, mt 103Proof Of Funds/Instruments
POF Accounts from $100K USD to $10B USD available
Pricing ranges between 0.5% - 13%
POF: We offer cash backed Proof of Funds accounts issued from top world banks like Bank of America, HSBC and Citibank. Accounts can be issued in an individual's and/or company's name. This type of account is verifiable and capable of being blocked via MT760 in favor of a third party (International Accounts Only).
It is important to understand that this is not a loan. Funds cannot be moved or depleted and are not meant as “working capital”.
Instruments from $10M USD to $10B USD available
Pricing ranges between 3.5% - 20%
Instruments: We offer Standby Letter's of Credit (SBLC) or Bank Guarantee’s (BG) , all from top 25 world banks, which can be blocked, or delivered via SWIFT as needed.
The SBLC’s and BG’s that we issue are irrevocable, negotiable, assignable, transferable, without protest or notification, and can be borrowed against.
Leased Bank POF’s and Instrument Services Offered
• SBLC (Stand by letter of Credit) • SBLC (Hard Copy Only), can be encumbered * call for details • Swift MT 799 • Swift MT 760 • Swift MT 103/23 • Tear Sheet – Account Statements • Reserved Funds Letter • Bank Blocked Funds Letter • Bank Capability Letter • Bank Comfort Letter • Bank Proof Of Funds Letter
Any further questions or interest, please feel free to contact us at jwood@asfllc. net. We would be happy to assist you.
We value your time as much as ours, so please, only send inquiries or applications from individuals who have the funds available to pay for the service they require and who have answered the following 8 questions (include answers with all inquiries):
1. What instrument type is needed:
2. FULL details as to what the instrument is needed for:
3. The size of instrument you require (dollar amount):
4. When you will need the instrument (approximate date):
5. The length of time you will need the instrument:
6. If you need a SWIFT, what type? (if N/A, write N/A):
7. Sample text (If you have it):
8. How much you have set aside to pay for the service, NO UP FRONT FEE (moneys will only be released once the instrument as been accepted and verified and or the account):
Thank you for your time.SOURCE: Import-Export Bulletin Board (http://www.imexbb.com/)
Contact: Marketing Team
Company: Bronze Wing Trading
Mankhool Road BurDubai
Dubai
United Arab Emirates
E-Mail:
Date/Time: 5/24/10 4:18 GMT
Standby Letter of Credit SBLCWe specialize in issuance of Import Letter of Credit (L/C), Standby Letter of Credit (SBLC), Bank Guarantee, Performance Guarantee/Bond, Payment Guarantee and Bank Comfort Letter (BCL).
If you have any Trade Deal Pending in your hand and your BANK says NO to fund you, Bronze Wing Trading says YES to support your trade deal.
We are direct provider of TRADE FINANCE FACILITIES in International Markets for more than 12 years. We offer a diverse range of options to solve your trade finance problems. We have more than USD 5 Million credit limits with our bankers.
Our International clients are from United States of America, China, United Arab
Emirates, Kingdom of Saudi Arabia, Iran, Pakistan, India, Malaysia, Indonesia, Philippine, South Korea and Eastern European countries.
We will be at your support immediately to bring your dreams come into reality by establishing the required financial instrument at a very competitive rate as per your suppliers payment terms.
E-mail us: [email protected]: http://www.bwtradefinance.com/
http://bronz , ewingtradingservice.blogspot.com/2009/12/bronze-wi , ng-trading.html
Contact: edward ramos
Company: business fianancial investment solution
90,komero rroad
chicago/illinios 60660
United States
Phone: 509 576 8604
E-Mail:
Date/Time: 10/10/09 10:59 GMT
we direct profiver for fresh cut bg, sblcDear Sir/Ma,
If you require Leased Financial Instrument and is RWA to work on belowoutlined procedure only, contact me for quick closure as we deliver in timeand precision. You are at liberty to engage our leased facilities into tradeprograms as well as in other project(s) such as Aviation, Agriculture,Petroleum, Telecommunication, construction of Dams, Bridges and any otherturnkey project(s) etc. Our terms and Conditions are reasonable as outlinedbelow,
DESCRIPTION OF INSTRUMENTS:1. Instrument: Bank Guarantee (BG)/SBLC (Appendix A)2. Total Face Value: 5m USD,Euros or pounds MIN, 1B USD,Euros or pounds MAX(One Billion USD).3. Issuing Bank: HSBC London or AA rated Bank in Western Europe or USA.4. Age: One Year, One Day
5. Leasing Price: 6% of Face Value plus 1% commission fees to lessee'sbroker.6. Delivery SWIFT TO SWIFT.7. Payment: Wire Transfer.8. Hard Copy: Bonded Courier within 7 banking days.Please do feel free to contact me if you are intrested so that i can sendyou the procedure and we can go from there.
Best Regards,Edward Ramosemail:[email protected] :edward.ramos8SOURCE: Import-Export Bulletin Board (http://www.imexbb.com/)
