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A f r i m e x M i n e r a l D e a l e r s
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Gold Purchase Procedure (FOB & CIF)

Afrimex Mineral Dealers provides secure, transparent, and internationally compliant gold trading procedures. We offer both FOB (Free On Board) and CIF (Cost, Insurance & Freight) delivery options to meet the needs of global buyers.

All transactions are conducted under strict legal frameworks with full documentation and verification to ensure safety for both buyer and seller.

FOB (Free On Board) – Uganda Procedure


1. Buyer submits an official Letter of Intent (LOI) specifying quantity, purity, and destination.

2. Seller issues a Full Corporate Offer (FCO) including price, terms, and transaction details.

3. Buyer signs and returns the FCO along with KYC documents (passport/company registration).

4. Seller provides draft Sales & Purchase Agreement (SPA) for review.

5. Both parties sign the SPA to formalize the transaction.

6. Buyer travels to Uganda to inspect the gold physically at the seller’s premises or agreed secure location.

7. Gold is tested at a government-approved refinery or assay office.

8. Upon successful verification, buyer makes payment via bank transfer (MT103).

9. Gold is handed over to the buyer or buyer’s representative for export.

CIF (Cost, Insurance & Freight) – International Delivery

1. Buyer submits an official LOI stating required quantity, destination country, and refinery.


2. Seller issues a Full Corporate Offer (FCO) with CIF pricing and terms.


3. Buyer signs FCO and provides KYC documentation.


4. Seller prepares and sends draft SPA for signing.


5. Both parties execute the SPA agreement.


6. Seller secures all export documentation including:

   - Export License

   - Certificate of Origin

   - Packing List

   - Commercial Invoice


7. Gold is transported under full insurance coverage to the buyer’s destination.


8. Shipment is delivered to a refinery or bonded warehouse for assay and verification.


9. Buyer completes payment after successful assay confirmation.

All transactions include full legal documentation:


✔ Certificate of Origin  

✔ Assay Report  

✔ Export License  

✔ Commercial Invoice  

✔ Packing List  

✔ Sales & Purchase Agreement (SPA)


10. Ownership of gold is transferred to the buyer.

Afrimex Mineral Dealers adheres strictly to international gold trading regulations and anti-money laundering (AML) policies.


✔ All buyers must complete KYC verification  

✔ Transactions are conducted through secure banking channels  

✔ No cash transactions are accepted  

✔ We do not engage with unauthorized brokers

Ready to start a transaction?


Contact our team today to receive a formal quotation and begin the process.


📩 Email: info@afrimexmineraldealers.com  

📞 WhatsApp: +256 762 079775  


Or click “Request Quote” on any product page to begin.


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