Dear All I have received lot of messages and requests asking exporting procedure of precious metal from Kenya. Below is the procedure for handcarry, i know 1. Find a legit seller , do a proper DD. 2. Approach a company having valid MDL. 3. Check the authenticity of the lisence 4. Take your Gold to MOM 5. Do assay and weigh 6. Log into Kentrade online 7. Pay taxes and royalities online thru kentrade. 8. Kentrade will generate export Pemits online 9. Seal your consignment after customs checks 10. Handcarry it to Airport and disclose to get your exit permit. Note : All agreement like FCO, SPA shall be with the seller only, not with any clearing agent or 3rd party the seller may introduce. Any payment , you wish to pay, make bank transfer to the sellers account only not with the clearing agent. If your seller or seller rep is asking you to pay the charges for COO, Insurance, frieght charges etc are scams.
On point#6: Login to Kentrade with Seller's credentials,right? On point#9: Location?
Wonderful! Thank you for revealing this process. I wonder - do you literally go to the Souk in Dubai with a kg brick or the Emirates Gold refinery? Point being - where do you get the most value and can negotiate the price if you don't have a buyer beforehand? How does the declaration process at Dubai airport look like? P.S. - I'd send you a DM myself but I want the people to be engaged with this matter as well, especially African sellers, because that's a hot topic for obvious reasons ✌
Smooth. Kindly please identify which precious metals are exported from Kenya.
If you have true buyer,then contact with me. Pls don't tell me Cash & Carry.
How we log into Kentrade , is registration required or if you have the website address so we can check the requirements Thanks
Hand carry is not allowed govt of Africa banned u have to book cargo airlines
Bro. Good one. But let me ask, are you aware that there are verifiable fakes of these documents?
Shibu K Moideen sir can I get your contact number I just need guidence on trading
This is Fake seller.
International Business Consultant chez IDP . International development partners
5moThank you for your valuable information.. can you explain please. MDL? MOM? COO? Thanks