PRICES will be advised as per the product request after receipt of Letter of Intent (LOI) from Buyer.
1. Buyer submits Letter of Intent (LOI).
2. Seller issues Soft/Full Corporate Offer (SCO/FCO).
3. Buyer returns signed and stamped Irrevocable Corporate Purchase Order (ICPO).
4. Seller issues Contract (SPA) with full banking information.
5. Buyer and Seller sign and exchange contracts.
6. Buyer provides Proof of Funds, Seller provides Proof of Product.
7. Buyer’s Bank issues Letter of Credit to Seller.
8. Seller’s Bank issues 2% Performance Bond to Buyer (contract only, no PB for spot orders).
9. Shipment commences as per contract.
Note: Procedures may vary according to the product, origin and shipping destination. Contact us and request the mentioned documents templates/verbiage.