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Topic: Selling BTC (seller can issue performance bond) (Read 103 times)

newbie
Activity: 59
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Oh shut the fuck up
newbie
Activity: 21
Merit: 0
PROCEDURE:​​  BANK2BANK :



BUYER SIGNS THIS AGREEMENT AND SENDS IT ALONG WITH A LETTER OF COMFORT FROM BUYER’S BANK CONFIRMING THAT BUYER HAS THE ABILITY TO COMPLETE THIS BTC PURCHASE AND SALES AGREEMENT.

SELLER SIGNS THIS AGREEMENT WITHIN TWO [2] BANKING DAYS AFTER RECEIPT

BOTH PARTIES LODGE AGREEMENT WITH THEIR RESPECTIVE BANKS.

SELLER BANK ISSUES PERFORMANCE BOND (AS PER SAMPLE EXHIBIT C) WITHIN FOUR [4] BANKING DAYS FROM THE DAY THE AGREEMENT SIGNED BY THE BUYER WAS RECEIVED BY THE SELLER COVERING THE PURCHASE PRICE OF THE FIRST TRANCHE BTC TO THE BUYER.

BUYER BANK VERIFIES THE PERFORMANCE BOND AND TRANSFERS EURO CASH EQUIVALENT TO SELLER BANK ACCOUNT WITHIN TWO [2] BANKING DAYS (ISSUER OF PERFORMANCE BOND) FOR THE TRANCH VALUE THEN TO BE EXECUTED AS PER ANNEX A.

SELLER CONFIRMS THE FUNDS WITH HIS BANK AND CREDIT THE BUYER’S WALLET WITH 10,000 BTC, BUYER CONFIRMS THE COIN VIA BLOCKCHAIN 6 TIMES CONFIRMATION AND NOTIFIES ALL PARTIES.

SELLER PAYS ALL BROKERS AND DISCOUNT TO BUYER BY BTC / FIAT ACCORDING TO THE IMFPA LISTED IN “ANNEX C”.

NEXT TRANCHE CONTINUE UNTIL CONTRACT EXHAUSTED.

TELEGRAM: @MADM0026
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