السلام عليكم
مطلوب ذهب في السيستم السويسري وهذة شروط الشاري من يرى بانه تنطبق علية هذة الشروط فل يراسلني ودمتم بود
Procedures 1
1. The True Seller issues a Full Corporate Offer (FCO) with his complete coordinates, Transaction Code and Seller’s Code properly addressed to us.
2. Buyer responds with executed LOI/RWA & Irrevocable Master Fee and Protection Agreement (IMFPA).
3. The Seller/Seller’s Mandate and Buyer/Seller/Seller’s Mandate extends an invitation for the Buyer’s bullion officer to contact the Seller’s Bullion officer.
4. The Buyer/Buyer’s Mandate accepts the invitation of the Seller’s bullion officer.
5. The Buyer’s bullion officer initiates the contact with the Seller’s bullion officer by KTT.
6. The Seller’s bullion officer will be instructed by the Seller to verify the AU metal, the quantity available, and to disclose any/all liens and encumbrances attached to the metal.
7. Upon receipt of the proof of existence of the Au metal and the certificate of authority to sell, the Buyer will instruct his bullion officer to confirm the availability of funds to be used as payment when the gold is delivered.
8. The Buyer and the Seller agree on a window time for exchange. The payment to the Seller will be disbursed within 24 hours against the transfer of ownership of the metal.
Commissions will be paid immediately and without delay to each appointed paymaster. The paymaster will likewise pay to the intermediaries their earned commission.
Procedures 2
BANK TO BANK PROCEDURES
(GLD)
1.
Seller issues signed and sealed Full Corporate Offer (FCO) with his full coordinates.
2. Buyer returns signed and sealed Letter of Intent (LOI & MFPA) indicating acceptance.
3. Seller issues and delivers to Buyer four (4) copies of a signed Purchase and Sale Agreement; buyer signs and returns two (2) copies to Seller.
4. Seller supplies to Buyer evidence of legal ownership, current Assay Report, bank statement and/or any other documentation by procedure to be agreed;
5. On successful verification of the documentation identified in clause (d) the Buyer will arrange an acceptable institutional Payment Guarantee for the full contract value.
6. Buyer and Seller lodge contracts with their respective banks.
7. Seller’s bank will SWIFT to Buyer’s bank confirming the existence and transferability of merchandise;
8. Buyer’s bank will respond with confirmation of payment;
9. Transaction is completed on a bank-to-bank basis.
Procedures 3
TTM PROCEDURESAfter we receive a FORMAL FCO:
1. Seller’s Bank issues to Buyer Letter of Invitation to attend TTM at the Bank in relation to the referenced FCO and LOI, and/or – Seller commences proceedings at TTM within the Bank by handing to
2. Buyer’s representative a document from his Bullion Bank, addressed to the Seller, stating the bank is ready to arrange and transact the contemplated business in the referenced Full FCO, together with – Evidence of legal ownership (a) of the specific Au metal parcel(s) on offer, the bank-recognized signatory authority to sell, current Assay Report, Safe Keeping Receipt, bank statement and/or other appropriate
documentation to enable the Buyer to qualify the offer to sell the Au metal.
3. On successful verification of the documentation in clauses d) and e) above, Buyer delivers to Seller’s representative at the TTM a document from his Bullion Bank, addressed to the Buyer, stating the bank is ready to arrange and transact the contemplated business referred to in this Full Corporate Offer (FCO).
4. Seller issues to Buyer four fully completed signed Sale and Purchase
Agreements;
5. Buyer signs and returns two originals to the Seller, together with IMFPA (b) and NCND to include all participants to the said transaction.
6. Buyer and Seller lodge contracts and related documents to their respective Bullion Banks for verification and execution as per Swiss procedures.
7. Seller’s bank will KTT to Buyer’s bank confirming the existence and transferability of merchandise.
8. Buyer’s bank will respond by KTT confirming availability of payment.
9. Transaction is completed on a bank-to-bank basis.
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