Hope that you are doing will, kindly please inform if you have experienced export on CAD payment ( Cash Against Documents) that includes the assay report of the buyer’s refinery, if yes then we are ready to cooperate and purchase all of your production to our client in USA whom is a Joint Venture company to a Prime bank.
Awaiting your kind reply.
The gold trading method you request is illustrated quite well here >> Cash Against Documents Procedure
Firstly let me say that gold is cash and is only traded for fiat currency when absolutely necessary. Having said that, what you are asking is to treat gold as if it was a common commodity such as sugar, cement, fuel oil, etc. – and it is not.
Please follow the link and look under the “cons” section there are 5 cons, but we can just look at the first one. 1) Banks don’t verify the transaction nor the documents and they do not guarantee any payment will be made by the buyer.
You are asking us to send a tangible asset for the promise of payment by you not a bank. Now who would take that risk? – Not us or anyone we know.