Updated: 01-Sep-2025
Uganda Purchase Procedures
CIF, Legal FOB, or Test and Pay
Scott Hedrick, WhatsApp +1.919.443.5135
We accept DIRECT delivery from DRC (the Congo). You do NOT need an Agent, and We will pay for storage. See bottom of this PAGE for Procedures.
The Refineries ARE NOT the buyer. Click the link below, to always see the latest version of these procedures: https://sites.google.com/site/hedrickconsulting/uganda-purchase-procedures
Fargo Gold Refinery, Entebbe
Bring ALL offers.
I am the ACTUAL buyer.
*Cash & Carry*
Seller is paid in full after testing is complete at the contract price.
*Gold under T1*
Seller is paid in full after testing is complete at the contract price. The funds will originate outside of Uganda. This makes the sale compliant with the T1.
*CIF*
The contract price will be reduced by $4000usd. *BUYER WILL PAY ALL EXPORT COSTS*. Buyer will pay the Seller in full at the reduced price after testing. The funds will originate outside of Uganda. This makes the sale compliant with a CIF transaction.
Ritz (Guatemala) Gold Refinery, Kampala
*Purchase Procedures for Ritz (Guatemala) Gold Refinery*
*1*. We will not prebook the refinery
*2*. Seller arrives at Guatemala at 9am on the specified date. Our ground people check the gold in the parking lot. If gold checks out, the refinery is booked. Once the gold is smelted and tested, we will submit the payment to seller via cash 2-3 hours or USDT. USDT immediately after we get the assay report, should be under an hour.
If the Seller has not paid for the full issuance of the T1, the buyer will pay for that issuance.
We will need the Seller's passport OR his national ID
Cyclops Security Services, Kampala - Buyer 1
*MINIMUM 20KG - BARS ONLY*
*1*. The product comes inside Cyclops Security Services' board room and is placed on the table.
*2*. A quick acid pretest is performed
*3*. Once the Proof of Product (POP) is done, a handshake is sent as Proof of Funds (POF).
*4*. Within forty (40) minutes Ali Hussein will arrive and perform the X-Ray gun test.
*5*. As soon as the assay is complete, the payment in USDT is made. Seller will have to wait around two (2) hours or less for cash payment.
Cyclops Security Services, Kampala - Buyer 2
*MINIMUM 100KG - BARS ONLY*
*1*. Gold must have an active and valid T1,
*2*. Seller or their representatives must pay a REFUNDABLE deposit 5000USDT with buyer who is EmiratesGold.AE. The deposit covers flying in the tester from Kenya and is refunded, if the seller delivers as promised.
If the gold does not have an active T1 and/or is not in bar form, Buyer will purchase the gold at Ritz Gold Refinery (Guatemala). Procedures are above.
Euro Gold (Eurogold) Gold Refinery, Kampala
*Procedures for Gold Purchases at EURO GOLD (Eurogold), Kampala, Uganda*
- Cash and carry, undocumented only
- FOB ONLY, No CIF,
- BARS ONLY (Unless Special Arrangements)
- Procedures below
- The metal must be inside the refinery before booking is made.
- After assay report the money is ordered.
- Takes up to two hours for the bank to organize the cash.
- The seller can be paid in a private room inside the refinery or at the bank.
- If payment is made at the bank the metal stays in the refinery. It does not leave.
- The buyer can start with as little as the seller wants for a trial.
- The buyer can buy up toy 150 kilos a day.
- USDT takes between 30 minutes and 1.5 hours as a new wallet is opened for every payment.
- When booking, 3 grams per kilo will be put aside in case the seller leaves before payment, it will go to paying back the booking fees.
CPU Gold Refinery, Kampala
*1*. The Actual Seller or the seller's representative that will be the person actually depositing the gold sends a copy of his passport to the buyer for a simple ID check. The buyer will schedule a face-to-face meeting with the seller.
*NOTE: STEPS 2 AND 3 CAN BE DONE IN A SINGLE MEETING*
*2*. The buyer and seller meet face to face to discuss the purchase process. At this meeting, a pre-test of a 1 to 5kg sample of the consignment will be scheduled as soon as possible.
*3*. Seller and the buyer will meet to perform the pre-test of the 1 to 5kg sample. The buyer will notify our refinery. The buyer and the seller will take the sample to the Private Refinery. Seller can order the delivery of the balance of his gold consignment to the refinery as soon as possible.
*4*. The gold is smelted, assayed and purchased. Payment made immediately in USDT, or as agreed beforehand. If this is a CIF transaction, those terms will have been discussed beforehand in the face-to-face meeting.
*5*. Transaction done. Seller schedules his next delivery with buyer.
Our Office, Kampala
We have a private buyer that uses a density test. The gold is not smelted. *The gold DOES NOT NEED TO BE DOCUMENTED*. Buyer pays all taxes.
*Here is the procedure*:
*1*. Seller and the buyer will meet at our office to perform the pre-test of the 1 to 5kg sample at the Buyer's office location. A courier will take the gold to the testing location. Buyer and Seller remain at the Buyer's office. Seller can order the delivery of additional gold the same day, time permitting.
*2*. The gold is assayed at the private location and purchased. Payment made immediately in USDT, or as agreed beforehand. If this is a CIF transaction and/or the gold is In Transit, those terms will have been discussed beforehand in the face-to-face meeting.
*3*. Transaction done. Seller schedules his next delivery with buyer.
Feldstein Gold Refinery, Kampala
Cash & Carry
CIF with Collateral
Collateral is handled as preferred by the Seller, both single and joint custody it doesn't matter. We have a bonded warehouse and free of charges, including smelting and assay free of charge.
Goldex Gold Refinery, Kampala
*1*. Slot time reserved by the Buyer, not paid in advance, no written receipt.
*2*. Possible for the Seller to call and get a confirmation from Goldex of reserved slot time.
*3*. After delivery of the goods it’s possible to get a handshake showing sufficient funds for the agreed transaction.
*4*. Payment off smelting and assay, 100 USD per kg is done in USDT by the Buyer.
*5*. Smelting and assay starts. 100% of the product is smelted and assayed.
*6*. After mutually approved Assay Report payment is done according to agreement between Seller and Buyer, Preferably by USDT for rapid execution and safety.
*7*. Product change ownership.
*8*. Seller leaves the refinery and the transaction is finished.
*NOTE: No advance payments. Hence no advance payments for smelting at Sellers place, security houses, transport etc.*
MTS Gold Refinery, Kampala
Send offers
Purchase of GOLD Delivered Direct from the CONGO
*We Purchase Gold Delivered Direct from the CONGO in Uganda*
*Seller does NOT need an Agent (we prefer NO AGENT).*
*Gold does not need to be documented*
*1*. Seller brings gold direct from the Congo and meets my American buyer at his office. He will verify that the gold is authentic.
*2*. Buyer and Seller go the refinery together.
*3*. A portion or all of the Gold is smelted, assayed, and paid for. Any gold not smelted on the first day is taken to NEC for storage in the Seller's name. Buyer pays for the storage.
*4*. Gold is brought from NEC daily for smelting, assay, and payment, until the entire consignment is purchased.
*5*. Payment is immediately after assay report. Payment by USDT. For transactions of 10kg or less, cash is possible, but not guaranteed. Cash takes 30 minutes to arrive after the assay. Cash *WILL NOT* be ordered prior to smelting and assay.
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