Our Procedure: We only buy 100% CIF Dubai. It means we will not travel to Africa or pay any upfront costs before gold reaches our refinery. The seller should send a copy of their CEMAC permit to export gold to Dubai if the seller is from Cameroon, Africa. The company is "MTERN NORTH AFRICAN GOLD", the biggest gold buyers in the region with own g Show More...
Our Procedure: We only buy 100% CIF Dubai. It means we will not travel to Africa or pay any upfront costs before gold reaches our refinery. The seller should send a copy of their CEMAC permit to export gold to Dubai if the seller is from Cameroon, Africa. The company is "MTERN NORTH AFRICAN GOLD", the biggest gold buyers in the region with own gold hedge fund back-up and capacity to purchase up to 6 tons a day. Currently seeking more sellers to enhance our buying capacity and provetailers. We are based at the Dubai Multi Commodity Center (DMCC) at 1, Sheikh Zayed road, Dubai. We have premium accounts with the world's most reputed Al-Etihad and Emirates refineries for faster assaying without any delays, these refineries are controlled by the government and hence no hindrance to our sellers. We are also associated with Emirates Air-cargo and Transguard for safer transfers. Sellers can use BRINKS GLOBAL or G4S for safer transactions. I am the direct buyer (no brokers) and our buying terms are as follows. Step 1. Seller sends FCO, we edit, accept and return. Step 2. Seller sends a SPA, we sign and return. Step 3. Seller arranges for the commodity to be exported, pay all taxes and furnish all necessary documents to the authorities and the buyers. Step 4. Seller transfers (ships) the commodity either by cargo or a 3rd party agency like Brinks, G4S and he or his representative shall accompany the goods to the buyerâ??s port. Step 5. All import documents (U.A.E bill of landing) should be under "LAURUS INTERNATIONAL LIMITED, U.A.E Step 6. Once the gold is arrived at our refinery, buyer shall pay the assaying charges and get the final report. Step 7. Once the report is generated, buyer shall transfer the agreed amount to the seller's nominated bank account. Step 8. Upon the credit of funds into his bank account, seller then transfers the ownership of the commodity to the buyerâ??s name.
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