Trading Guidelines
- BAC Holdings is a full service company who will handle your trading transaction from start to finish, insuring that both buyers and sellers are fully protected from the beginning to the end, and that your trading process is flawless.
- Minimum transaction is $3 millions, no maximum
- Buyer will provide a Letter of Credit to a Major US Bank per direction from BAC Holdings and its institutional partners.
- If a broker is involved in the transaction, a fee agreement will be established with the broker, and the broker will step aside and let BAC Holdings handle the transaction directly with the seller and buyer.
- Sellers must have clear title to the goods and records which prove they bought the goods that are being offered for sale.
- Buyers must have AA credit rating and have the ability to issue irrevocable letters of credit per our instructions
- Buyer shall be required to inspect cargo prior to shipment, to accept cargo as is where is located in cargo containers and weighed at port.
- Our company and its institutional partners will handle all banking transactions between seller and buyer to make sure the funding process is flawless through a major US banking institution.
- Buyers and Sellers shall be expected to cooperate with our team in order to facilitate a timely solution between the Buyer and the Seller.
- We are able to sell scrap metal and any other legal goods around the globe at competitive prices which shall afford any seller of scrap metals and other goods the best price, terms and security of payment.
