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Gold bars Buyer and Importer from United Arab Emirates - Buying Lead

10 Jun, 2024

Gold bars

Seller ships consignment direct to the Buyers Refinery in Germany. • The closest Airports are either Frankfurt or Vienna. • A Refinery accredited Customs Clearance Agent clears the consignment through German Customs with all charges to BUYER account. • A multinational security logistics company – with details d to the seller – is instr Show More...

Seller ships consignment direct to the Buyers Refinery in Germany. • The closest Airports are either Frankfurt or Vienna. • A Refinery accredited Customs Clearance Agent clears the consignment through German Customs with all charges to BUYER account. • A multinational security logistics company – with details d to the seller – is instructed to provred security transport from the airport to the Refinery. Costs to BUYER account. • The Refinery, upon arrival of the consignment, carry out preliminary testing to confirm that the consignment is as stated in the documentation. Cost to BUYER account. • The Refinery smelt and assay the consignment and provy assay report to Buyer and Seller. This is normally completed within 24 48 hours of arrival. Cost to BUYER account. • Based on the Refinery assay report BUYER make settlement to the sellers nominated bank account as defined within the contract. Settlement on trial first consignments is normally based on a discount structure of LBMA less 6% (Six per cent) plus any commissions which are required to be approved by buyer. . Trial first consignments are normally between five and twenty five kilos only. Larger volumes are welcome on subsequent deliveries as per contractual agreement.

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