SOFT CORPORATE OFFER (SCO)
Offer N º 03/09/20/24
Date: September,2024.
To: Mr.
Dear ,
I,xxxxx Seller/Owner’s Representative hereby confirms and guarantees with full legal responsibility that
we have been granted from Owner to sell and deliver the commodity with full authority and legal
responsibility under penalty and perjury. We are Ready, Willing and Able to enter into this transaction,
under the following terms and conditions as details in Transaction Procedure items for the sale of the
commodity described hereinafter:
1) Commodity: Gold Bullion in bars.
2) Location: Bangkok-Thailand
3) Specification: A minimum purity of 99.95% or better.
4) Quantity: 400 kg minimum. XX MT (Metric Tons) x 12 months, with rolls and extensions.
5) Hallmark: Internationally recognized and accepted goods – Less than 5 years.
6) Price: The Second Fixing LBMA
7) Discount: 10 % Gross - 7 % Net to the Buyer - 3% Comissions
8) Commission: 1.5% Agent and Sales Intermediaries (closed)
1.5% Agent and Purchase Intermediaries.
0,75% Mandatory – .
. 0,75% In three groups of purchasing intermediaries
9) Payment: By Swift Wire Transfer MT103 / 72 or CASH TRANSFER to Seller’ Account
10) Guarantee: DLC confirm by bank to bank- SWIFT MT700
11) Delivery: CIF Country Buyer
12) Document:The Seller shall authenticate, declares, legalize, register, transfer of ownership,
provide and guarantee documents from government sectors and Seller’s responsibility of each
tranche / lift shall be accompanied buy the following:
✧ Certificate of Assay Report Certificate of Ownership
✧ Commercial Invoice
✧ Tax Certificates
✧ Import-Export license
✧ Certificate of Origin
✧ Warehouse receipt and list product
✧ Customs Clearance Certificate
The transaction will be presented between the Bank Officers of the Buyer and Seller, accrediting what is
necessary for it and that between both Parties.
PROCEDURES
1. The seller issues SCO.
2. The buyer issues ICPO will all bank details including the name of the bank oficial, email, telephone,
etc.
3. With the ICPO the buyer requests the detaills of the seller’s bank, because he wants to issue
MT199 (please copy or confirm the email once issued, email , to confirm the economic capacity of
the buyer.
4. Once the seller’s bank SIAM COMMERCIAL BANK receives MT199, and everything is OK,
(confirmation is required from the POP buyer’s bank), the bank itself will issue us the SPA draft.
5. Buyer will provide a bank guarantee with DLC and confirm by the bank to bank SWIFT with
MT700 (Documentary Letter of Credit irrevocable, Non transferable, non assignable & non divisible)
with an amount of xx US$ Million for payment by overseas bank).
6. After verification and acceptance, the Seller’s bank will confirm to the Buyer’s bank about this Gold
complete for sale (POP) by MT600 and guarantee a performance bond of 2% by MT760 to bank
with in 5 (Five) banking days.
7. If the Buyer want a physical Inspection he can ask for it (always after point 4”).(BG24)
Best Regards,
EB
✧ End of Document
