We offer an exclusive international gold (Au) trading modality under adapted CIF conditions, specifically designed for transactions in which the buyer coordinates the international transportation logistics through authorized international cargo operators and airline companies.

Transaction Structure

This transaction is conducted under CIF (Cost, Insurance and Freight) terms, in accordance with the applicable international Incoterms. However, under this specific modality, the buyer assumes responsibility for coordinating the international transportation and cargo insurance through specialized international companies experienced in handling high-value cargo shipments.

For reasons related to operational security, regulatory compliance, commercial transparency, and financial risk mitigation, buyers shall not be permitted to directly collect or remove the goods from the seller's facilities using privately operated aircraft or any transportation arrangement not previously approved and authorized by the seller.

International transportation must be carried out exclusively through internationally recognized cargo airlines, authorized logistics operators, or specialized companies dedicated to the secure transportation of high-value goods and strategic cargo, including but not limited to:

• Emirates SkyCargo;
• KLM Cargo;
• Lufthansa Cargo;
• Brinks Global Services;
• Malca-Amit;
• Other international logistics companies previously approved by the parties involved in the transaction.

Buyer Responsibilities

Under this modality, the buyer assumes full responsibility for:

• International freight and transportation costs;
• Cargo insurance coverage throughout the international transit process;
• Additional logistics and operational transportation expenses;
• Internalization and import-related costs in the destination country;
• Regulatory compliance obligations related to the importation and receipt of gold in the selected destination country.

The buyer must complete the prior verification and validation of all export and import documentation required for the destination country no later than 72 hours before shipment.

Export documentation shall be issued under consignment to the company designated by the buyer, based on the information provided through the KYC (Know Your Customer) process, including:

• Corporate registration details of the purchasing company;
• Import licenses;
• Regulatory authorizations;
• Legal permits and operational licenses required for the purchase, importation, and receipt of gold in the destination country.

Seller Responsibilities

The seller shall remain solely responsible for:

• Taxes, duties, and fiscal charges applicable in the country of origin, estimated between 5.5% and 6%;
• Costs related to the smelting/refining process and technical preparation of the gold for international exportation;
• Export compliance documentation in the country of origin;
• Making the goods available in accordance with the international standards agreed upon between the parties.

Price Adjustment Policy

Commercial pricing under this modality may be reviewed on a monthly basis according to the official market price published by the LBMA (London Bullion Market Association).

In the event of significant international market volatility, contractual prices may be adjusted in order to preserve the originally agreed differential relative to the reference spot price, ensuring commercial balance and contractual stability for both parties.

Pricing Structure

The financial structure of the transaction includes operational costs related to international purchasing and sales processes, compliance procedures, smelting operations, and international logistics coordination, as previously defined during commercial negotiations.

Applicability of this Modality

This modality is exclusively intended for institutional buyers, trading companies, refineries, authorized distributors, and companies legally qualified to conduct international precious metals transactions, possessing the necessary regulatory, documentary, and operational capabilities required for international physical gold operations.