ACE TECH KOREA WELCOMES YOU
International Commodity Trader
International Commodity Trader
Welcome to Ace Tech Korea, where we specialize in exporting high-quality petroleum products and mineral resources, including 99% pure gold bars. Our team of dedicated industry professionals has over a decade of experience, ensuring exceptional service as we connect suppliers with purchasers. We are committed to providing a reliable of essential commodities for producers, manufacturers, and end-users alike.
to Ace Tech Korea, where we specialize in exporting petroleum products, AU gold bars, and various essential commodities. Our dedicated team of industry is committed to delivering exceptional service and ensuring your needs are met with the highest standards. Trust us to be your reliable partner in the global market.
Professionalism
Our team specializes in essential areas of commodity transactions. We verify and evaluate the authenticity of logistics and quality documents, ensuring safe transactions for all parties. Trust us to uphold the integrity of your commodity dealings.
Transparency of Transactions
ensure fair and safe transactions by eliminating unreasonable or unclear elements. Our commitment to transparency is supported by direct communication between verified suppliers.
Quality Control
Ace Tech Korea, quality is our top priority. We enforce strict quality control throughout the export process and partner with reliable suppliers to ensure our petroleum products exceed international standards and customer expectations. Your trust inspires to uphold excellence.
Petrochemical Products
Ace Tech Korea prioritizes direct partnerships with major oil refineries, ensuring reliable access to petrochemical sources. This collaboration enhances quality and optimizes our supply chain process.
Metals & Mineral
Welcome to our minerals and non-ferrous metals trading platform. We provide high-quality materials to meet your business needs. Trust us for reliable sourcing and exceptional customer support. Partner with us today!
Gold & Gems
to Ace Tech Korea, your reliable source for premium gold. We focus on high-quality products and service to fulfill your gold sourcing needs. Discover our offerings and experience what makes us the best in the industry.
Sales Offer
We offer EN590 10 PPM CIF at a low price without any upfront cost without POP verification, with a minimum order quantity of 50,000 tons. Please review our FOB & CIF procedure and contact us for further information
PROCEDURE FOR SPOT FOB ROTTERDAM, HOUSTON AND SINGAPORE PORT -TTV
1. Buyer issues ICPO with Company letterhead containing Refinery working procedure
With Banking details scanned copy of Passport data page for Refinery validation.
2. Refinery issues a Commercial Invoice of the product in tanks at the port, and the
buyer signs and returns a Commercial Invoice to the Refinery.
3. Upon return of the endorsed CI, refinery releases to the Buyer the following
Partial POP documents:
a. Commitment Letter to Supply
b. Certificate of Origin
c. Tank Storage Receipt TSR.
d. Statement of Product Availability
e. Authorization to Verify ATV (Through call or email)
f. Authority to Sell and Collect (ATSC)
4. Buyer contacts the Refinery leased Storage Company through call or email and pays Two (2)
day Tank Extension payment to enable Tank Clearance and for the Buyer to gain a port legal
access permit to execute a dip test for quantity and quality inspection and fresh inspection /
report by SGS Refinery Tanks. (THE TANK FARM WILL ARRANGE THE APPOPRIATE CLEANCE CODES)
PRODUCT SPECIFICATION.
Product: Gold (Au) Shape: 1kg Dore Bar
Purity: Purity between 95%/97%
Origin: Brazil, Africa, Europe
Trial:100 KG
Place of shipment: maximum 10 tons
Extensive: 2,000 kg per month
Delivery: CIF
Contract term: 12 months (renewable for three years)
CIF PROCEDURE AND PAYMENT TERMS
The Buyer issues the LOI (LETTER OF INTENT) with KYC, CIS of the Buyer, being banked with proof of funds via SWIFT MT799.
The Seller issues the SCO (Soft Corporate Office) directed to the payer. Performs the Compliance of the purchasing company within a maximum period of 03 business days.
ICPO (Irrevocable Corporate Purchase Order) with KYC, CIS of the Buyer, being banked with proof of funds via SWIFT MT799.
The seller sends FCO to the buyer. And/or issues the SPA Draft.
The Seller/Exporter issues the draft of the SPA (Purchase and Sale Agreement). The buyer and seller sign the "Purchase and Sale Agreement" where the delivery protocol is outlined. Each page must be initialed. The Buyer issues a BCL or RWA as Proof of Funds and submits its full KYC in that sequence to the SELLER.
The Buyer's Bank sends RWA to the Seller's Bank via SWIFT MT799 on readiness to issue SBLC via SWIFT MT760.
After receiving the RWA via SWIFTMT799, the seller's bank sends MT799 to the buyer's bank about its readiness to accept SBLC via MT760.
CONTACT US
