Trade Lead Description:
0) SELLER DELIVERS DRAFT FCO FOR BUYER ACCEPTANCE, BUYER'S REPRESENT DELIVERS A LETTER OF REQUEST IN COMPANY LETTERHEAD, REQUESTING OFFICIAL FCO, AND INFORMS SELLER PRINCIPAL BUYER'S CONTACT INFORMATION.
1) FCO*, MUST INDICATE FULL PRODUCT DETAILS** AND FULL SELLER CONTACT INFORMATION. SELLER MUST INCLUDE A COPY OF THE SKR. IF THE SKR IS OLDER THAN 30 DAYS, SELLER PROVIDES A COPY OF A CONFIRMATION LETTER FROM HOLDING BANK SIGNED BY TWO BANK OFFICERS.
(**) GOLD INFORMATION
COMMODITY: AU METALS IN STANDARD
BAR SIZE: 1 KG AND / OR 12.5KG.
FINENESS: 24 CARAT (999.5/1000 OR BETTER).
HALLMARK:
ORIGIN:
DEPOSITED:
LOCATION:
QUANTITY:
TRANCHES:
PRICE: 2ND LONDON METAL EXCHANGE FIXED, ON DATE
OF DELIVERY & CLOSING.
DISCOUNT: (XXXXX) X% GROSS, (YYYYYY) Y% NET TO THE
BUYER.
CONSULTANTS: 2% WILL SPLIT AS FOLLOW: 50%/50% BETWEEN BUYERS
AND SELLERS SIDES.
SELLER SIDE (1.0% CLOSED) BUYER SIDE 1.0% OPEN
Thank you
Posted from UK - South East of England on 11 August, 2008
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