DIAMANTES -
THARCHI
|
REQUESTED SPECIFICATIONS & TERMS: Rough
Diamonds, US Customs compliant and suitable for delivery to specified USA
location, first spot delivery CIF New York, NY USA - Malca-Amit- Major US
Bank (secure meeting room) - Other agreed TTM location in New York (i.e.,
Brinks, other Major Bank, Buyer’s Gemologist NY offices, etc., delivered @
100% Seller’s expense to Seller’s TTM.).
Following deliveries destination to be agreed between Seller and Buyer (New York, Las Vegas or Miami) Carat Range 5ct to 20ct+, or 5ct to 30ct NO HIGHER THAN 30ct Color Range D – H (No Florescence) Clarity Range VVS1 – VS2 Specification Make-able, Saw-able (No Flats / No “Slivers” / No Mackles) Price To be determined and agreed following receipt of Seller’s Final Manifest and prior to shipment of parcel or parcels to agreed USA TTM destination. Quantity To be determined and agreed following receipt of Seller’s Final Manifest and prior to shipment of parcel or parcels to agreed New York TTM destination. Delivery Time Inspection To be determined and agreed following receipt of Seller’s Final Manifest and prior to shipment of parcel or parcels to agreed New York TTM destination. Payment Terms Payment for 100% of agreed cost in US Dollars via Domestic Wire Transfer to Seller’s Top World Bank located in New York, USA, or via SWIFT MT103 wire transfer to Seller’s Top World Bank immediately following successful appraisal against the agreed Seller’s Certified Manifest by Buyer’s gemologist at New York TTM Location agreed between the Parties. Payment will be initiated daily for each tranche appraised in exchange for title of the accepted tranche whenever possible, or the morning of the next available banking day. No Proof of Funds (“POF’s”,) Bank Instruments, advance or prepayments will otherwise be agreed to or provided by Buyer. Initial Trial Parcel & Contract 200ct spot, than 100,000ct/month, bi-weekly or monthly as agreed between the Parties w/Optional Rolls & Extensions (R&E). Contract length to be determined by agreement. Once we have successfully transacted on the first contract delivery, we can initiate a second contract for another Buyer. The contract parcel is for stones compared to the specifications listed herein of similar or better quality, similar and larger sizes from five (5) carats up to twenty (20) or thirty (30) carats, with individual tranche quantities as agreed. Shipment commences and is confirmed to Buyer as described in procedures within five (10) banking days or less following Seller’s receipt and acceptance of Buyer’s LOI. Quality, quantity, weight appraised at Buyer’s expense per Buyer’s licensed gemologist at agreed USA TTM destination. Transacting Bank will be Bank of America or Wells Fargo USA Buyer’s Financial Capacity ready, willing and able to buy up to a $1 Billion +/month BUYING PROCEDURES: The seller sends FCO with his full manifest on his/her Letterhead and price. The buyer will sign and both seller and buyer will agree On TTM time of delivery at Brinks or other USA Location TBD. Seller will send a copy of the KPC and invitation letter to Buyer, Once The Buyer Receives confirmation that the stones have arrived, The Buyer’s gemologist shall Inspect the product within a diligent and timely manner and in accordance with the Industry's practice. After receptions of the positive conclusion of the gemologist, payment is done via Irrevocable Swift Wire Transfer into Seller’s designated account and commissions are Paid by Buyer to the Paymaster. Transaction is concluded. Buyer and Seller enter into a 12 months contract with R&E, and Seller agrees to Deliver Future monthly deliveries CIF to Buyer’s destination. |
