what is a bullion officer
what is a bullion officer
please help-about gold transactions?
Can someone explain what is all about these technical terms? This is something about Transaction bullion-1. Swiss procedure only 2. The gold must be in the banking system 3. We do not require delivery - just the change of CD, what discount should be 4 good. FCO receive your mild, if approved, we will require full FCO, then sent a letter of intent 5. NCND / IMFPA will be in place 6. Bank staff will complete the transaction which is the Swiss procedure? CD? Soft FCO, FCO full? Loi? NCND / IMFPA? Thank you very much for your help, I really appreciate.
Years ago a friend of mine has a larger sum from his father and stopped working for security personnel in a warehouse. opened a consulting office written on the door and entered the big business. After some months I asked for her help. that time was involved in - a transaction of gold from Thailand to Hong Kong - An agreement with gold dust among Africans and Russians in a safe house in Amsterdam - an agreement with one of the largest diamond in the world to the United Arab Emirates - an agreement on steel scrap / guardrails around U.S. $ 765 million over three years to China - an agreement with the urea to Vietnam - an agreement with the cement in Saudi Arabia - A lot of deals with ancient coins, like Old Kuwaiti dinars (OKD) and others have worked almost all day, due to our partners that are in different zones. We people gathered in Seoul and the Arabs in Singapore. We have a stack of papers as LOIS, FCOS and contracts, including the notary. Everything that happens in the time and money just for fun. After some months I realized that - bankers, owners of gold and with the reputation of buyers do not need our help and - that all our partners FCOS fishing only hoping for good commissions with it, but had no assets or money. If you still believe it better way it did, here are the explanations that calls for: 1. Switzerland Switzerland procedure only Procedure: The procedure for buying and selling of gold desired. Handling business. I learned that there are different in these provisions. 2. The gold must be in the banking system which means that gold is marked by a bank and deposit in the bank 3. We do not require delivery - just the change of CD, so should be good off Gold remains in place but the change of ownership. They ask a very good price against the officer. 4. FCO receive your mild, if approved, we will require full FCO, then sent a letter of intent has to send a soft FCO FCO seems a with the same text, but without responsibility. After checking that you have to send the complete offer corporate = FCO, which is the official offer from vendors on prices and quantities FCO obliged the seller to sell the goods in the quantities and prices that are written in all what you get for your FCO required is a Letter of Intent LOI = usually not binding. 5. NCND / IMFPA will be in place and IMFPA NCND must be signed by both parties before the deal is done. IMFPA = Irrevocable Master Fee Protection Agreement showing that an agent is not a buyer. Make sure the agent is to find a buyer with the FCO in hand. 6. Bank staff will complete the transaction which means that the buyer's bank officer and the sellers bank official to ensure that the ownership change and the money is transferred. Others you did not ask: POP = Proof products of POF = Proof of funds ---------------------------------- ------ -------------------------------------- Sorry, forgot the meaning Agremment NCND Non-Circumention / Non-Disclosure Agreement. The full text can be obtained from the Chamber of Commerce (ICC)
