TERMS AND CONDITIONS
1. PRODUCT
1 Commodity: Gold
2 Physical Form: Dore Bar
1.3 Purity: 99,95 – 99.98 % (FINE GOLD)
1.4 Hallmark
Credit Suisse, JM Australia, Suisse, Perth, LG, Crown, Swiss

5 Safe Deposit Box xxxxxxxxxxxx
6 Origin: LONDON, HOLLAND, GERMANY AND BELGIUM
7 Destination: CIF BUYER
8 Trial Shipment: _____ kg
1.9 Monthly Quantity: 1,500 KG
2.0 Contract Duration: TWELVE (12) Months (1+11) with Rolls and Extensions
2.01 Timing of delivery: 10 DAYS MAX AFTER RECEIVING THE SBLC INSTRUMENT FROM BUYER
2. PRICE
The agreed purchase price is the quoted price in USD as set forth in the latest valid Second
Fixing Rate (PM) Issued by the London Bullion Market Association (LBMA) on the Day of
Transaction. In the event that the LBMA is not operating on that scheduled day, the price
calculation to be used shall be based on second (PM) LBMA fixing on the first working day after
the last Market open day and per tranche.
2.1 DISCOUNT
: 12% gross/9% net discount
2.2 COMMISSION
: 3.0% Commission, as stated below:1.5% to Seller side (CLOSED),
1.5% to the Buyer’s Sid e
(buyer mandate group 0.95 % open
group1 0.2% closed
(african group + group3) - 0.35% closed)
2.3 PAYMENT : All PAYMENTS by clear, clean money of non-Criminal origin and by SBLC MT T60
+ SWIFT SWIFT/WIRE TRANSFER MT103 within maximum two (2) Banking days or by acceptable
financial Instrument to be agreed between parties.
PARTIAL PAYMENTS: Allowed
PARTIAL SHIPMENT: Allowed
SHIPMENT SEQUENCE: Once per month.
EXPENSES SHARING: All expenses in London are for the account of Seller - All expenses in
XXXXXXXX from the Airport are for the Account of Buyer.
COMMISSIONS: Dollar Buyer and Seller paid, as stated per Irrevocable Master Fee Protection
Agreement (IMFPA)