FCO - TRADE TO PRICE
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FCO
Trade & Contrats > Procédures et Mandats
FULL CORPORATE OFFER (FCO)
Date
TO: PRINCIPALBUYER or BUYER’S MANDATE:
From : xxxxxxxxxxxxxxxxxxxxxxxxx
Via xxxxxxxxxxxxxx
To :
WHEREAS: "THE SELLER AND MANDATE SELLER" COMPLETE AND FULL POWER TO SELL BUILLION GOLD BARS AND THAT THE PURCHASER IS CAPABLE OF PURCHASING IT, THE PARTIES WILL BE AGREED TO ENTER IN THIS OFFER OF SALE / PURCHASE,
I. PROCEDURE:
1. Seller sends FCO
2. Buyer accepts the FCO and sign the FCO to return to the seller
3. Seller sends SPA to buyer
4. Buyer come down to Republic of Guinea for physical inspection and pre-test of the Gold in Central Bank / Guinea Republic.
5. Buyer and seller sign Contract.
6. Seller shall be responsible to take the total quantity of Gold to the Central Bank of Guinea Republic for inspections in the presence for buyer.
7. Therefore, if this is acceptable, Seller shall be responsible to deliver the gold to Buyer on CIF bases.
8. Upon satisfactory inspection and pre-test in the Central Bank buyer takes care of the shipment of the merchandise to final destination. The buyer pay (50%) of deposit and the tax and charges of Guinea government of the total invoice by transfer to seller’s Bank account of the Central Bank of Republic of Guinea. After obtaining all necessary export documents, the buyer pay the balance at 50% after final assay report and the price of Central Bank of Republic of Guinea ...
9. Buyer will provide the in private transport that will fly down to the final destination with the xxxx Kg Gold Bars.
II. PRODUCT DESCRIPTION:
COMMODITY :GOLDS B
BAR SIZE :LINGOT DE 1
FINENESS :24 CARATS – 999,99% PURITY
HALLMRKS :
LOCATION : xxxxxxxxxxxxxx
DELIVERY : FOB xxxxxxxxxxxxxxxxxx
AGE :
ORIGIN : AFRICA
FCO VALIDITY : THIS FCO IS VALID FOR 2/FOR BANKING WORKING DAYS
MAXIMUM TRANCHE : /xxx KG TRIAL WITH ROLLS AND EXTENSIONS OF x,xxx/x, xxx KG
DISCOUNT : xx,xxx USD /KG Avec com
COMMISSI /x,xxx USD/kg FOR BUYER GROUP
FOR SELLER GROUP
III. PURCHASE PRICE:
THE AGREED PURCHASE PRICE IS THE RATED PRICE AS INDICATED IN THE FCO ON THE DAY OF THE TRANSACTION.
IV. GUARANTEE:
WE DELIVER THE GOLDEN BULLIONS BARS BY OUR RELIABLE COMPANY NAMED DIRECTLY IN FOB TO THE PURCHASER FOR PAYMENT TO TT WIRE TRANSFER, AFTER ACCEPTING THE PURCHASER TO CONFIRM PURITY, THROUGH THE DESIGNATED REFINERY OF THE PURCHASER.
V. DELIVERY:
CAMMEROUN
VI. VERIFICATION:
DOCUMENT VERIFICATION AND PHYSICAL GOLD WILL BE CONFIRMED BETWEEN THE PARTIES AND THE FINAL DETERMINATION ISSUED BY A COMPLETE REFINAR IN N
VII. PAYMENT:
BY TRANSFER BANK TO BANK
VIII. TRANSFER OF TITTLE :
UNDER FULL BANKING RESPONSIBILITY, SELLER CHARGES BANK TO TRANSFER PROPERTY TO PURCHASER, TO TITLE AND SUBMIT ALL RELEVANT DOCUMENTS NECESSARY AND INCLUDE EXPORT PERMIT TO PROVE THE SELLER OF CAMMEROUN NOT RESTRICTED TO ANY UNRESTRICTED DESTINATION DESIGNATED BY THE PURCHASER.
THE PURCHASER SHALL PAY THE EXPENSES PERMIT EXPORT FROM THE TIME OF THE TRANSFER OF THE PROPERTY AND THE ACQUISITION OF THE TITLE FOR ITS FAVORITES
IX. PROOF OF PRODUCT:
THE SELLER WILL ISSUE THE POP / CI FOR THE TOTAL QUANTITY OF BULLIONS BARS DEPOSITED WITH OUR BANK, TO THE BUYER'S BANK BY BANK TO THE BANK ONLY TO CHECK AND CONFIRM THE EXISTENCE OF GOLD BULLION BARS INGOT OF 10.0/12.5 KG
X. NON CIRCUMVENTURE/ NON DISCLOSURE:
LES PARTIES CONVIENNENT DE RESPECTER CHAQUE PARTICULARITÉ DE PROPRIÉTÉ ET DE NE PAS COMMUNIQUER DE DÉTAILS ET / OU D'INFORMATIONS AUX PARTIES ET / OU AUX PARTICULIERS AUTRES QUE CELLES QUI SONT LES OFFRES IMPLIQUÉES DANS LA GESTION DE CETTE TRANSACTION. COMME: LES ACHETEURS CONSULTANTS DÉSIGNÉS DES VENDEURS CÔTÉ PAYÉS AUX CONSULTANTS DÉSIGNÉS DE L'ACHETEUR. SAUF SANS CONSENTEMENT ECRIT DE L'AUTRE PARTIE, AUCUNE COMMUNICATION NE DOIT ETRE FAITE PAR UNE PARTIE A L'AUTRE PARTIE DE MANIERE CONFIDENTIELLE,
XI. Taxes and Liabilities:
THE PARTIES AGREE TO RESPECT EACH PARTICULARITY OF PROPERTY AND TO NOT PROVIDE DETAILS AND / OR INFORMATION TO PARTIES AND / OR INDIVIDUALS OTHER THAN THOSE THAT ARE THE OFFERS INVOLVED IN THE MANAGEMENT OF THIS TRANSACTION. AS: BUYERS CONSULTANTS APPOINTED SELLERS SIDE PAID TO DESIGNATED CONSULTANTS OF THE PURCHASER. EXCEPT WITHOUT WRITTEN CONSENT FROM THE OTHER PARTY, NO COMMUNICATION MAY BE MADE BY ANY PARTY TO THE OTHER PARTY IN A CONFIDENTIAL MANNER
XII. FORCE AND EFFECT:
SIGN& SEAL OF SELLER’S MANDATE
SELLER’S MANDATE FULL NAME :
PASSPORT NUMBER :
ISSUING COUNTRY :
DATE OF ISSUE :
DATE OF EXPIRATION :
FOR AND ON BEHALF OF :
Corporation
ACCEPTANCE OF S.C.O. BY BUYER
WE, THE PURCHASER, ARE READY, READY AND CAN BUY THE BULLIONS BARS OFFERED IN THIS F.C.O. IN FOB CAMMEROUN THAT HAS RETURNED TO YOU DULY SIGNED AND SEALED AS ACCEPTANCE OF THE TERMS AND CONDITIONS PRINTED HERE OR AMMENDER
SIGN& SEAL OF BUYER:
BUYER’S FULL NAME :
PASSPORT NUMBER :
ISSUING COUNTRY :
DATE OF ISSUE :
DATE OF EXPIRATION :
