Product: Gold Bullion with a purity of 99.95% or better in one- kilogram bars.
Age: Less than 5 years, with International Hallmarks
Gold Bullion with a purity
Tranche: First tranche 10 MT trial Brinks to Brinks – then tranches (as agreed) until remaining volume has been lifted within 12 months - under Brinks to Brinks transaction and procedures.
Price: LMBA minus Discount of 9% Gross / 6% Net to the Gold Bullion Second Fixing Price, being the price on the last working day preceding the day of settlement based on the day of transaction.
Commission: 1.5% Seller side (closed) paid by Seller
1.50% Buyer Side OPEN
*NECESSARY DOCUMENTS TO START:*
LOI signed and stamped by the Payer;
NCNDA IMPHA signed by brokers and end buyer
SCO signed and stamped by the final payer
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