Product Description:
• Product: Gold Bars (1KG)
• Quantity: (10-50 Kilograms)
• Purity: (23 Karat 96% pure gold)
• Packaging: (Metal Box) Price and Payment Terms:
• Price: (e.g., USD $72,000 per kilogram of gold)
• Payment Method: (Escrow, Bank Transfer, Letter of Credit (LC)
• Payment Terms: (100% upon delivery) Delivery Terms:
• Delivery Term: CIF • Delivery Location:
• Shipping Mode: (Air Freight)
• Estimated Delivery Date: (3 to 7 business days)
Insurance and Risk:
• Insurance: The Seller will procure insurance for the goods while in transit.
• Risk: The risk is transferred to the Buyer once the gold bars are loaded onto the vessel at the agreed port.
Inspection and Quality Assurance:
• The Buyer has the right to inspect the gold bars upon arrival at the designated port.
• The Buyer can appoint an independent inspector to verify the quantity and quality of the goods. Documentation:
• Commercial Invoice
• Bill of Lading
• Certificate of Origin
• Assay Certificate (showing gold purity and weight)
• Insurance Certificate
• Other required export and import documentation Force Majeure:
• Neither party will be held liable for any failure to fulfill the contract due to events beyond their control (e.g., natural disasters, wars, strikes, etc.). Governing Law and Dispute Resolution:
• Jurisdiction: (e.g., English Law, Swiss Law, or other)
• Arbitration: (e.g., International Chamber of Commerce (ICC) or other arbitration body)
Notes:
1. CIF Terms: The seller is responsible for all costs up until the goods are delivered to the port of destination. This includes the cost of the gold, shipping charges, and insurance.
2. Documentation: Ensure that all necessary documents (including assay certificates for the gold bars' purity and authenticity) are clearly stated and handled.