Kenya CIF Purchase Procedures

KENYA CIF Purchase  Procedures
We prefer to purchase 10% FOB and the remaining 90% on a CIF basis. 
In the alternative we can loan against 10% Collateral tested at Maiyam Gold Refinery, Nairobi, Kenya.

Seller brings collateral to refinery.
Collateral is tested as required.
*Buyer keeps 10% collateral (NO LESS) at Maiyam Gold Refinery or Wells Fargo*.

MySafe is NOT an acceptable location to keep collateral. *Collateral location is NOT NEGOTIABLE*.

*Seller pays for his own export costs to send the gold to the buyer in Dubai using the funds loaned to him.*  

Updated: 20-May-2026
Kenya CIF Purchase Procedures
Scott Hedrick - American Gold Buyer, WhatsApp +1.919.443.5135
I am a Direct Buyer and I Represent MANY Other Direct Buyers in
Dubai, Ghana, Uganda, Kenya, & Zambia