Can someone direct me as to what is meant by swiss procedures? This can be in reference to gold, various types of oils, etc. Thank you

Here are some helpful links:

http://www.wisegeek.com/what-is-the-swiss-procedure-for-buying-gold.htm

http://answers.yahoo.com/question/index?qid=20080310225254AAKsdeu

Regards
DDrep

its not a legal term (there is a legal term only similar which refers to the exchange rules) but a brokerage term and refers more or less to the need of the seller to show and move his product first, frankly its all a bunch of BS, replace it with common sense and good business practise and find the solution which is needed for your deal. Never agree to a blanket term without in the contract explicitly and word by word spell out the details of the terms.