Gold trade from the Emirates through the Alalmas Group
Processor
Almas Group presents the following offer for gold trading from UAE refineries:
1- Purity: 99.99 or from Al Etihad Refinery 995.0
2- Bar Weight: 1 kg
3- Refinery: Delivery at Al Etihad Refinery, or any other refinery in Dubai upon request
4- Quantity: As requested
5- Price: According to LBMA Gold Price (London Bullion Market Association)
6- Discount: Only in case of contracts
Procedure and Execution:
1- Documents and Purchase Request:
Upon acceptance of the procedure, the buyer submits an LOI along with the company profile (documents – license and ID proof). In addition, the buyer provides
(POF) Proof of Funds – or BCL.
2- Contract: SPA
After that, a contract (SPA) is drawn up and signed between both parties, including all agreed terms regarding payment method and delivery time.
Payment Method:
Irrevocable Letter of Credit (LC – DLC – SBLC).
Gold will be delivered at Al Etihad Refinery or any refinery specified by the buyer in the contract, after transferring the gold value
TT MT103
Almas Group
Dr. Abdul Salam Taleb
alalmas.group@gmail.com
mas@alalmas-group.com
Whatsapp: +971551648927