CLAUSE 8: PROCEDURES NON-NEGOTIABLE
The Transacting Procedures are as Follows: Cost, Insurance and Freight CIF Contract –
1. Buyer signs and returns this FCO, along Buyer Information Sheet, Buyer Company registration document and Buyer Company Profile
2. Seller issues draft SPA & SBLC Verbiage for Buyer’s review and sign. Buyer and Seller signs SPA and lodge SPA with their respective Banks. 3. Buyer’s Bank will send a pre-advice to Seller ’s Bank that buyer is ready willing and able to issue a SBLC for value based on Platt’s day for Commercial Invoice to Seller Bank, as guarantee for the 30.000MT trial shipment. 4. Seller bank will answer by Mt799 that seller is ready to receive the SBLC and with this swift is issuing a PB of 2% of face value of the SBLC. The PB is conditional to receive within 3/5 banking days the SBLC by swift MT760. 5. Upon Seller’s Bank approval of SBLC, Seller signs and completes Charter Party Agreement (CPA) within 10 banking days. 6. EMAIL FOR FULL TERMS
What is TTL? Targeted Trade Leads is a new optional online e-mail service we provide to Wholesale Suppliers on demand. By using this service you can easily send tens, hundreds or even thousands of buy sell offers to importer exporter companies, directly to their Inbox! You can send TTL to Importers Exporters by Industrial Categories.
Step 1: Select country or countries for your targeted buy - sell offers. Step 2: Select industrial category / categories for your import - export demands. Step 3:
View how many companies will receive it based on your selection. Step 4: Enter your offer you wish to email to interested suppliers or buyers. Step 5: Receive confirmation of delivered Targeted Trade Leads by e-mail. Finally Just expect the replies immediately in your mailbox! Even by phone or fax.
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