I, Kudlanov Victor, as MD/CEO of UNITRADE TEAM, confirm our intention to purchase the commodity listed below subject to the final terms and conditions being accepted:
Commodity: Dory Bars Tanzania 98,6+% purity
Purity: 98,6% minimum and better
Quantity: 5000 (Five Thousand) kgs per month as a new buyer
but more than one contract can be entered into at any
one time.
Term of Contract: 12 (Twelve) months with possible Roll Overs and Extns.
Total Contract QTY: Subject to quantity required each month..
Packed: Packed in 100 (One Hundred) Kg boxes
Loading Port: Dar es Salaam port of Tanzania
Delivery to: Please name Airport of the first delivery
Any changes of port destination – Seller requires 21
days Notice
Price: Sold on a CIF – Cost, Insurance & Freight The price being based on LBMA price less discount of 12% on 5 day average price.
Inspections: SGS will survey the cargo and issue a report at time of loading at Seller cost. Buyer will at their choice have the cargo surveyed the cargo upon arrival at nominated airport at the buyer’s cost.
Performance Bond: A 2% Performance Bond will be issued by the Seller.
Payment: By an Irrevocable, Revolving, Documentary Letter of Credit (RDLC) via SWIFT (MT799), issued by a TOP 25 World Bank and 100% payable by TT upon arrival and re-inspection at the Buyer’s Destination port.
Buyers bank: HSBC (Germani)
Sincerely yours,