Peter Waas Co, reviews

Company Information

We are legally registered company in Sri Lanka, do hereby confirm with full authority that the seller stands ready, willing and able to exchange goods clean and clear and of non-criminal origin AU (Gold) for good, clean and clear USD according to the following specifications, terms and conditions under the agreed procedure as mentioned below.

1. Product Description AU in the form of 1 kg & 12.5 kg bars. Fineness-999.5% or better,
SWISS HALLMARK, less than 5 Years old.
2. Quantity 10 Metric Tones (Up to 100)
3. Price L.M.B Rates on 2nd Fixing less 10%
4. Mode of payment Letter of credit (L/C)
5. Delivery Buyer must pay the delivery payment
6. Documents The Seller shall provide the following documents
a) Certificate of Origin
b) Certificate of Weight List / Packing List
c) Certificate of Ownership
d) Certificate of Quality and Quantity (Existing Assay Report)
e) Werehouse Safekeeping Receipt (S. K. R)
f) Custom Clearence Certificate
g) Commercial Invoice (Four Sets)
h) Export Permit / Export License
(Other terms and conditions according to international rules and regulations)

TRANSACTION PROCEEDURE

All facilitators and intermediates of buyer and seller side to execute NCNDA and IMFPA agreements with buyer and or buyer’s mandate

The seller’s representative issues the SCO

The Seller will check Buyer’s Fund Confirmation through his BCL. Seller need the full authorization to check the bank account.

Arrange inspect the AU Commodity to Buyer or Buyer’s Mandate.

Thereafter, the Buyer shall complete the acceptance of the Gold Bullion and instruct his Bank to prepare full payment by Letter of credit to Seller’s Bank in favour of seller.

Hereafter when bullion officer check the goods after that money must be transferred to seller’s account.

Buyer must pay POF by cash.

WARRANTY:
Seller warrants and guarantees that the product in the quality herein specified exists at the seller’s warehouse in to buyer’s warehouse in order to buyer must have mandate letter that has issued by buyer’s Country as well as buyer shall pay the insurance cost and other cost

VALIDITY:
This Soft Corporate Offer (SCO) containing three (03) pages under the above transaction reference is valid for Seven (07) banking Days from date of signatures.