venka LLC

We are venka LLC based in madison, USA. We are member of exporthub.com since April, 2008. Our business is related to Construction & Real Estate industry and we specifically deal in reos, commodities. Please find our product details below:Sell BullionPRODUCT NAME AND DESCRIPTIONS:COMMODITY: Gold Bullion (Aurum Utalium)FORM: 12.5 kilo bars of GLD StandardFINENESS: 999.5% or betterHALLMARK: Internationally accepted hallmarks with less then 3 years.ORIGIN: MaliLOCATION: Europe /Hong Kong: CIF at Buyers designated placeDELIVERYQUANTITY: 10, 000MT with rolls and extensions.FIRST TRANCHE: 8, 000MTSUBSEQUENT TRANCHES: To be agreed between Seller and Buyer.DURATION: 12 monthsPRICE: The agreed purchase price is the quoted price in USD or EURas set forth in the latest valid Second Fixing Rate (PM) issued bythe London Bullion Market Association (LBMA) on the Day-of-Transaction. In the event that the LBMA is not operating on thatscheduled day, the price calculation used shall be based on secondLBMA fixing of the next change to last Market opening day and pertranche.DISCOUNT: 12% gross/9.0% net discountCOMMISSION: 3.0% Commission, as stated below:1.5% to Sellers Side (CLOSED), 1.5% to Buyers SidePAYMENT :All PAYMENTS by clear, clean money of non-criminal origin and bySBLC + SWIFT/WIRE TRANSFER MT103 within maximum two (2)Banking days or by acceptable financial instrument to be agreedbetween partiesTRANSPORT DOCUMENTATIONEach delivery shall be accompanied by a Bill of Lading with all necessary documentation in accordancewith international law, which includes:1.Original Certificate of Deposit2.Four (4) Copies of commercial Invoices in favor of Buyer3.Certificate of Origin4.Certificate of Legal Ownership5.Internationally Accepted Assay Certificate6.Certificate of InsuranceExport Permit Export License7.8.Bank Warranty of DeliveryCustom Duty Sellers Certificate stating that the refined Bullions are free and clear of all liens and9.encumbrances and freely tradable and exportable and is of no criminal origin10.Warehouse Receipts11.Certificate of Weight List describing each bar as follows:Serial Number as stamped on each barFineness as stamped on each barRaw Weight as stamped on each barTotal Weight as stamped on each barReceipt of Custom Duties and Taxes12.Packing listPROCEDURES:1. Seller agrees to issue Full Corporate Offer (FCO) with banking coordinates and contract number to endBuyer, valid for 5 days.2. Buyer or Buyers Mandate agrees to sign and seal FCO as acceptance of terms and conditions, submitDraft Sales and Purchase Contract for Sellers approval or amendments if any and submit signed and sealedIMFPA for Sellers acceptance.3. After mutual agreement, Buyer or Buyers Mandate and Seller or Sellers Mandate sign and seal the Salesand Purchase Contract with full banking coordinates. NOTE: EDT OR FAX COPY IS LEGAL ANDBINDING.4. Within two (2) Banking days of signing the Sales and Purchase Contract, Buyers Bank shall provideMT103-23 or STANDBY LETTER OF CREDIT (SBLC) MT760 for the first tranche standing as paymentcollateral for the entire first tranche. Upon Sellers Bank receipt, confirmation and acceptance of BuyersMT103-23/SBLC MT760 as per Sellers verbiage, Seller submits in one (1) banking day POP and SKR viaMT600 for the entire first tranche to Buyers bank to verify and confirm the gold. Buyer may choose toperform TTM at Sellers location (Europe, Honk Kong /Turkey ) OR they can choose to have gold shippedto Buyers designated location.5. Seller shall instruct his Bullion Officer to set up an appointment with Buyers Bullion Officer in theBullion Depository to verify the AU metal, the quantity available and to verify that gold is free from anyliens and encumbrances.6. Upon satisfaction of both Bullion Officers that the Contract can be consummated, the Buyer will instructhis Bullion Officer to confirm the availability of funds to be used as payment and the Seller and Buyer willinstruct their Bullion Officers to complete the transaction.7. Buyer will transfer the agreed amount of the Hallmarked Bar tranche and subsequent tranches to theSellers Bank via SWIFT/WIRE Transfer within 24 hours against the Transfer of Ownership of the metal. 8.The Commissions will be paid immediately and without delay to each appointed Paymaster or Beneficiaryafter each delivery and as per Terms and Conditions of the IMFPA. We can as well ship 1MT directly toyour country for the TTM in your bank once your company can pay the shipping cost to our companyappointed shipper against the shipment.Note:Before TTM with Buyers and Sellers Mandate, all documents including MFPA, NCND has been scrutinizedaccordingly.If Buyer AGREES and CONFIRMS to the above procedure, let us know the company name and person-in-charge.FCO will be issued to the specific buyer only. Please complete, sign below and email this signed SCO to Thank you!BUYERS NAME PRINT : _BUYERS COMPANY : _BUYERS SIGNATURE: _DATE: _BUYER MANDATES NAME PRINT:_MANDATES SIGNATURE: _ DATE: _VALIDITY: THIS OFFER IS VALID FOR SEVEN ( 7 ) DAYS FROM THE DATE OF ISSUE.DISCLAIMER: This is not an official offer or a solicitation. Sender is not a United States Securities Dealer nor Brokernor US Investment Adviser. Sender is a Direct Agent, Consultant and Advisor. This document should NEVER TO BECONSIDERED A SOLICITATION FOR ANY PURPOSE in any form or content. Upon receipt of these documents you, as the Recipients, hereby acknowledge this warning and disclaimer. If acknowledgment is not accepted, Recipientsmust return the document copies, in their original receipt condition, to Sender via postal services immediate AU-SCO MCollins-TTM_Procedure.pdfDownload (164K) Print (3 pages)Plain HTML 3 / 3 123Thank you for taking the time to go through our business profile. If there are any question, inquiry or comments, please feel free to contact us.