Our mandated buyers buy 100kgs/lift.send fco to Buyer Mandate Raven International Vaani Bullions India

We have been nominated as the Indian Mandate for a German Refinery Company which is having branches in Dubai and in India. The gold is imported as 94% ct. puririty dore bars and will be refined to 999.99 purity in MMTC, New Delhi and delivered. For this the procedure is as follows :

1. The buyer forwards a LOI for a minimum of 50/100kg trial quantity. 2. Our company forwards FCO with terms and pricing. 3. The buyer sends acceptance letter for our terms. 4. The SPA for 50/100kg is forwarded and the buyer signs and sends it back. 5 The buyer issues MT799/LC. 6. On approval of the MT 799/LC by the bank the gold is supplied within 3days to 5 days in MMTC Refinery and refined to 999.99 and sent through bank or Brinks to the buyer's destination. 7. The price is normally fixed at 7% lesser than Mumbai rates and the buyer's side commission will be at 1%.and 1% to Seller side (closed) 8. The pricing is subject to differ depending on the market trends.

If your buyer/buyer's mandate can accept our terms, forward the official LOI from the buyer, so that we can proceed with the business. loi named end seler/raja ramanathan.