1.offet. 1 400 KG Fob Svizzera Peter Graf

OFFERT N. 1 /365/23.01.
2023
PETER GRAF – QUANTITY 400 Kg TO MOUNTH PER 1 YEAR WITH R&E.:
SCO REF NO: GHAP/GIH/AB-017/22

Dated: November 21rd 2022.
ATTN:
COMPANY:
VIA: MR. CONCAS VITTORIO AND AVV. FABBRI
GOLD BULLION SOFT CORPORATE OFFER.
We, GHAP ENTERPRISES SINGAPORE PTE. LTD, the legally authorized Seller,
hereby irrevocably confirm and warrant with full legal responsibility and authority; and under
penalty of perjury or fraud, that we are the bona-fide, legal Seller of the offered Gold Bullion,
and that we ready, willing and able to legally sell, grant title and deliver the AU metal as
described in the terms, conditions and procedures set forth below;
1. COMMODITY:
1.1 Description
Gold (Au) Gold Bullion Bars:

GLD Standard, Hallmarked / Johnson Matthey / Haraeus / Metalor
• Weight: 1 or 12.5 KG BARS

• Purity: 999.5/1000 (MIN)
• Age: Less than five years • Hallmarks: Internationally accepted hallmarks.
1.2 ORIGIN OF THE GOLD: West Africa
1.3 CURRENT LOCATION OF THE GOLD

Stock held in a Prime Custodian Bank’s Security Vaults / Warehouse
1.4 DELIVERY
(i). FOB – Dubai, Hong Kong, Singapore, London, Switzerland or
(ii). CIF - Anywhere in the world reachable by international forwarders.
1.5 Minimum order:

2MT - 200 MT
Trial tranche can be arranged with 500 KG and 1 MT for the minimum order of 2MT to 200
MT respectively.
Max Order:
40,000 MT Plus R&E (Only CIF).
SELLER’S BUYER’S
1.6 PRICE / DISCOUNT:
LBMA 2ND FIXING OF THE DAY GROSS xxx % NETT xxx % FOR BUYER.
Buyer pays across to Seller LBMA Less xxxx % Discount (Including all commissions) and
the Seller will pay out to all parties as per a separate IMFPA.
1.7 Discount Ratio:

Gross 15%, Net to buyer 12%.
1.8 COMMISSION: 1.5% Seller side (Closed) 1.5% Buyer side (Open)
1.9 PAYMENT GUARANTEE BEFORE
DELIVERY Please select one

DLC MT 700
SBLC MT 760
MT 103/202
INSURANCE INDEMNITY DEPOSITS EURO 360,000
PERFORMANCE BOND
The seller provides a 2% Performance Bond upon receipt confirmation of buyer’s swift
MT 760 SBLC to activate the NON-OPERATIVE MT760 SBLC. Please note
Performance Bond applies only to SBLC, not Block Fund or Swift Mt103/202
or refundable indemnity cash deposited.
1.10 SKR / POP

After the Buyer bank has sent on the REVOLVING SWIFT MT760 Non- operative SBLC
or MT 103/202 or REFUNDABLE CASH INDEMNITY DEPOSIT as a
guarantee of payment for the first tranche of xxx KG / MT to the Seller’s nominated
fiduciary bank, the Seller’s bank on receiving and approving the Guarantee of
payment will send POP / SKR via Swift MT 600-700 to Buyer’s bank along
with an invitation to the Buy to inspect the Gold within 5 banking
days.
1.11 PAYMENT:
By Swift MT 103/202 or TT in USD or Euro.
1.12 CHARGES:
All administrative charges to include the transfer of new Title of ownership to Buyer,
separate vault keeping and physical invitation inspection shall be borne by the Buyer,
as may be charged by the Custodian Bank.
1.13 INSPECTION:
Viewing / Physical Inspection at the Bank Depository (upon Invitation). Only after
receipt and confirmation of the buyer’s CHOICE OF PAYMENT GUARANTEE.
1.14 PROOF OF PRODUCT (POP):

▪ CERTIFICATE OF METAL DEPOSIT
▪ SKR CERTIFICATE ISSUED BY THE CUSTODIAN BANK WITH FULL
BANKING RESPONSIBILITY.
1.15 FIDUCIARY AGENT

For all Banking Purposes, the Seller always uses A Nominated Fiduciary Agent with
whom he has a long-term NCND Agreement. The details will be provided in the Sales &
Purchase Agreement.
1.16 TRANSACTION PROCEDURES
The Seller and Buyer agrees with each other as follows whether for FOB or CIF:
a) Buyer reviews this offer and when buyer is ready to accept Seller’s
procedures without change, buyer issues Letter of Intent (LOI) together
with CIS/KYC and signed copy of this Offer. LOI that does not state its
adherence to seller’s procedures and also did not specify the payment
guarantee chosen will not be accepted.
b) FCO will be issued to Buyer after Seller accepted the Buyer’s signed LOI
/ SCO with indication of buyer’s choice of PAYMENT GUARANTEE AND
FOR SPECIFIC QUANTITY OF GOLD REQUIRED EITHER FOB OR CIF.
c) After the Buyer has returned the completed, signed and sealed
SCO/FCO, this will indicate the Buyer’s acceptance of The Seller’s
procedures.
d) For amount of 100 MT per month and above, Buyer needs to

demonstrate to the Seller their financial capability to purchase the gold
before Seller issues the SPA to the buyer. Such evidences of buyer’s
demonstration of financial capability may be sent directly to the seller
or through seller’s immediate agent via email.
e) After mutual agreement, Seller issues the SPA to the buyer. The
Buyer (first) and The Seller (second) will sign and seal the Sales and
Purchase Agreement with their full banking coordinates together with
completed NCND and IMFPA duly signed by all facilitators and buyer
mandate.
f) The Seller and The Buyer will lodge the completed set of contract
documents with their respective banks.
g) The Buyer will then instruct his bank to initiate the REVOLVING SWIFT
h) Upon receiving, verifying, authenticating and validating the BUYER’S

CHOSEN PAYMENT GUARANTEE TYPE, Seller will then provide Proof
of Product (POP) BY WAY OF SKR CERTIFICATE issued through his
Custodian Bank. The SKR as POP will be sent to the Buyer’s Bank via
SWIFT MT 600-700, with a copy sent directly to the Buyer’s email
address.
i) Buyer along with an assayer of his choice will then be invited to the
Custodian Bank for Tabletop Meeting (TTM) and a physical
viewing/inspection of the Gold Bullion Bars at the bank depository
within 5 Banking Days of payment guarantee authentication. Buyer may
also nominate Buyer’s Bullion Officer to attend on his behalf if
preferred.
j) If so required, buyer can take the gold to the mutually agreed refinery
by both Seller and Buyer for assay at the buyer’s own arrangement and
cost.
k) After the physical viewing / inspection / assay of the Gold Bullion Bars
at the bank depository and once the Buyer has settled the cost of the
first tranche of 500 KG/ MT Gold Bullion Bars with the Seller of the gold,
the Title of ownership of equal quantity of the first tranche of xxxx KG/
MT Gold Bullion Bars) will be transferred to Buyer and delivery made
with subsequent deliveries made in the same way.
l) Payment of commission to the Seller’s side and Buyer’s side will be

done on the same day upon receipt of full payment for each tranche
from the buyer.
m) All the relevant documentation and paperwork will be provided to the

Buyer electronically (per tranche); Buyer will also receive an Assay
Report for their records.
1.17 APPROVED VERBIAGE FOR SWIFT
WILL BE PROVIDED WHEN THE BUYER HAVE DECIDED THE TYPE OF BANK
INSTRUMENT OPTION TO USE.
1.18 THIRD PARTY BANKING COORDINATES
The Buyer shall only use his own banking coordinates to send payment
guarantee to the Seller’s bank and he should be the authorized signatory or one
of the authorized signatories having full rights and control over the account.
Usage of third-party banking coordinates is strictly prohibited unless prior

consent and approval of the seller has been obtained. In requesting for such
consent, buyer needs to provide justifications for such arrangement.
In the event the seller consented to the usage of the third-party banking
coordinates, the signatory of the account shall also be a party named in this
agreement and he/she shall sign this Agreement together with the buyer
1.19 VALIDITY
THE VALIDITY OF THIS SCO IS 30 DAYS FROM THIS DATE OF ISSUE. UPON
ACCEPTANCE OF THIS SCO BY SIGNING BACK THE SCO AND /OR
ACCOMPANIED BY LOI WE WILL THEN ISSUE FCO / SPA.
SIGNED, SEALED AND DELIVERED BY THE WITHIN NAMED SELLER SIDE:
ASHVIMKUMAR PATEL – Executive Director, Date:
SIGNED AND SEALED AND DELIVERED BY THE WITHIN NAMED DIRECT

BUYER ONLY:
WE, HEREBY SOLEMNLY ACCEPT THE ABOVE CORPORATE OFFER WITH THE
BELOW DETAILS
GHAP ENTERPRISES SINGAPORE PTE. LTD
Authorized Signatory/ SEAL:
Buyer Name
Represented By
Position
Passport No
Date
- End of Document -
SELLER'S
INITIAL: BUYER'S INITIAL:

1.offet. 1 400 KG Fob Svizzera Peter Graf

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OFFERT N. 1 /365/23.01.

SCO REF NO: GHAP/GIH/AB-017/22

GOLD BULLION SOFT CORPORATE OFFER.

Gold (Au) Gold Bullion Bars:

• Weight: 1 or 12.5 KG BARS

1.3 CURRENT LOCATION OF THE GOLD

(i). FOB – Dubai, Hong Kong, Singapore, London, Switzerland or

(ii). CIF - Anywhere in the world reachable by international forwarders.

1.5 Minimum order:

1.7 Discount Ratio:

1.9 PAYMENT GUARANTEE BEFORE

DELIVERY Please select one

1.10 SKR / POP

1.14 PROOF OF PRODUCT (POP):

1.15 FIDUCIARY AGENT

1.16 TRANSACTION PROCEDURES

d) For amount of 100 MT per month and above, Buyer needs to

h) Upon receiving, verifying, authenticating and validating the BUYER’S

l) Payment of commission to the Seller’s side and Buyer’s side will be

m) All the relevant documentation and paperwork will be provided to the

1.17 APPROVED VERBIAGE FOR SWIFT

Usage of third-party banking coordinates is strictly prohibited unless prior

SIGNED, SEALED AND DELIVERED BY THE WITHIN NAMED SELLER SIDE:

ASHVIMKUMAR PATEL – Executive Director, Date:

SIGNED AND SEALED AND DELIVERED BY THE WITHIN NAMED DIRECT

Authorized Signatory/ SEAL:

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