TOW TIME ENTERPRISES
Manufacturer
Business Nature
Manufacturer
Country/Region
Livingstone, Hong Kong
Main Products
Copper cathodes
Payment Terms
Letter of Credit (L/C), Bank wire (T/T)
About TOW TIME ENTERPRISES
Gold available in Hong Kong, with the following procedure; price LMDB -9% : 1. Buyerissues Letter of Intent 2. Seller issues FCO, Buyer accepts and returns signed FCO. Seller issues SPA 3. Buyer and Seller signs and Countersigns SPA 4. Buyer’s bank issues a SPECIFIED FUTURE DATE BANK DRAFT via MT110 ( ONE YEAR ONE DAY) made payable to BFA 9999 CO., LIMITED or PHOOKAEW PHANID as deposits and mutually agreed by theSeller and Buyer. 5. Seller’s Nominated Bullion Bank issues POP via SWIFT MT600 or Bank Security Email and sends a hard copy of POP Documents package to Buyer’s Nominated Bank via bank’scourier. 6. Seller’s bank issues a 2% Performance Bond (“PB2% ”); and a hard copy of PB2% andPOPto besent via bank courier to Buyer's bank. PB2% . 7. The Seller coordinates Date and Time for delivery to the Buyers designated refinery. 8. Seller issues Final Invoice [based on quality and weight of Final Assay Report]– Buyer settles Payment via MT103 or T/T to Seller Vs Title / Ownership transfer + all required documentation. 9. Commissions will be paid simultaneously to Sell-side and Buy-side according to IMFPA. 10. After successful conclusion of each Tranche, according to agreed the Tranche Schedule, until SPA is concluded withpossible R. &E.
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