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  • Fco HJ 1 1

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    Chirag Desai
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    The document is a letter from Mr. Thakker of Jaidwarkadish Flora Park Jean Road offering to sell gold to a principal buyer. Key details include: - The gold offered is 999.95% purity in 1 kg bars, with a base price based on Bombay bullion rates and discounts of 5%+2% gross and 4% net to the buyer. - Payment will be handled through Barclays Bank Mauritius using bank guarantees, with the commodity delivered within 10 days of receiving payment guarantee. - The procedure involves the buyer providing a Letter of Intent followed by a sale agreement, non-circumvention agreement, and bank guarantees to protect both parties during the transaction

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    The document is a letter from Mr. Thakker of Jaidwarkadish Flora Park Jean Road offering to sell gold to a principal buyer. Key details include: - The gold offered is 999.95% purity in 1 kg bars, with a base price based on Bombay bullion rates and discounts of 5%+2% gross and 4% net to the buyer. - Payment will be handled through Barclays Bank Mauritius using bank guarantees, with the commodity delivered within 10 days of receiving payment guarantee. - The procedure involves the buyer providing a Letter of Intent followed by a sale agreement, non-circumvention agreement, and bank guarantees to protect both parties during the transaction

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    32 views3 pages

    Fco HJ 1 1

    Uploaded by

    Chirag Desai
    The document is a letter from Mr. Thakker of Jaidwarkadish Flora Park Jean Road offering to sell gold to a principal buyer. Key details include: - The gold offered is 999.95% purity in 1 kg bars, with a base price based on Bombay bullion rates and discounts of 5%+2% gross and 4% net to the buyer. - Payment will be handled through Barclays Bank Mauritius using bank guarantees, with the commodity delivered within 10 days of receiving payment guarantee. - The procedure involves the buyer providing a Letter of Intent followed by a sale agreement, non-circumvention agreement, and bank guarantees to protect both parties during the transaction

    Copyright:

    Attribution Non-Commercial (BY-NC)
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    of 3

    JAIDWARKADISH

    FLORA PARK JEAN ROAD,QUATRE BORNES REPUBLIC OF MAURITIUS


    DATE: 27/1/11 Ref.no. J/AU/18/2010 To PRINICIPAL BUYER SOFT CORPORATE OFFER I MR THAKKER on behalf of my company do hereby submit you the full corporate offer with full legal responsibility for the sale of GOLD (AU) metal under following terms & conditions. COMMODITY SPECIFICATIONS: Commodity QUALITY QUANTITY PRICE DISCOUNT : AU METAL GOLD (GLD) GROSS DISCOUNT 5%+2% : 999.95% OR BETTER : AS PER REQUIREMENT : BASED ON BOMBAY BULLION RATE : NET TO BUYER 4% (AS STATED IN (A)

    COMMISSION : 1% TO SELLER MEDIATES, 1% TO BUYER MEDIATE, ). VAT/TAX HALLMARK SIZE OF BAR : PAID BY SELLER : INTERNATIONALLY ACCEPTED : 1 KG BARS

    ALL THE PROCEDURE WILL BE DOWN THROUGH BANK I.E (BARCLAYS BANK)MAURITIUS. Commodity will be supply within 10 days after receiving bank guarantee from purchaser and after confirmation from the purchaser s bank. We request you to kindly refer the same and revert back showing you interest in the proposal. If acceptable kindly send us your acceptance offer.

    The requirement will be fulfilled AS OUR CONTRACT TERM and all the procedure will be down through bank.

    Thanking you, Yours sincerely (MR THAKKER)

    PROCEDURE OF TRANSACTION

    WE HAD PROVIDE YOU FCO AND FROM YOUR SIDE WE NEED LOI. AFTER GETTING LOI WE SHALL SIGNED THE SALE AND PURCHASE AGREEMENT AND NCND AGREEMENT. WE ARE WORKING ON BANK GUARANTEE PROCESS. THE BUYER WILL PROVIDE A BANK GUARANTEE ON THE SELLER NAME, THE BG WILL BE VERIFIED IN SELLER BANK AND BUYER WILL GET 2% PERFORMANCE BG FROM SELLER SIDE(SELLER BANK). ONCE BG IS PROVIDED THEN WITH IN 10 + 3 DAYS THE MATERIAL WILL COME AT BUYER S BANK, ONCE MATERIAL COMES AT BUYER BANK AFTER ALL VERIFICATION FROM BUYER BANK THEN BUYER HAS TO RELEASE THE PAYMENT WITHIN 48 HOURS. POP OF YOUR PRODUCT AND ALL OTHER REQUIRED DOCUMENTS WILL COME WITH THE MATERAIL AT BUYER S BANK. AS IF WE DON T REQUIRED ANY LIQUID CASH FROM BUYER WE ARE WORKING ON BG WHICH WILL BE SAFE FOR BOTH THE PARTIES. AND BUYER HAS TO RELEASE THE PAYMENT AFTER MATERIAL WILL COME AT BUYER BANK AND AFTER ALL VERIFICATION THE PAYMENT HAD TO BE RELEASED. PLEASE MAKE SURE ALL THE QUIRIES WILL BE CLEARED BEFORE PROVIDING LOI. AS THE BUYER WILL PROVIDE LOI THEN WITH IN A WEAK THE BG PROCESS MUST BE CLEARED OR AFTER THAT WE WILL NOT BE LIABLE FOR ANY DELAY IN TRANSACTION. FOR ANY OTHER QUIRES PLEASE CONTACT US.

    PLEASE REPLY AS EARLY AS POSSIBLE WE ARE WAITING A POSITIVE RESPONSE FROM YOUR SIDE. THANKING U

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