Procedures

 

 

·         1.BUYER ISSUES ICPO   

·         2.SELLER ISSUES FCO;

·         3.SELLER ISSUES DRAFT CONTRACT;

·         4.BUYER CONSIDERS THE CONTRACT, AMENDS ,MAKES THE CHANGES IN RED COLOR AND RETURNS THE CONTRACT WITH FULL BANK INFORMATION;SIGNES/ SEALES WITH COMPANY SEAL THE CONTRACT ANDR ETURNS TO BUYER;

·         5.BUYER SEALS THE FINAL CONTRACT AND SENDS BACK TO THE SELLER; THE SELLERS BANK

·         AND BUYERS BANK SHOULD A GREETEXT OF LETTER OF CREDIT;

·         6.BUYER BANK SHALL ISSUE OPERATIVE L/C TO SELLER;

·         7.THE SELLER SHALL ISSUE OPERATIVE PERFORMANCE BOND2% ;SHIPMENT'S COMMENCE AS PER CONTRACT.

 

Note :

The LOI or ICPO + SOFT PROBE must be complete identification of principal buyer: CEO signed, sealed and stamped; in company letterhead, Quantity per month / year, Target price, Contract length, and any other relative details; Current date; Will be accepted only scanner copies of original documents . We don't accept expire LOI / ICPO (Maximum date for validity is 10 days).

Please Note:

Please accept this as arequest for copies of official documents about your company:

· Certificate Of Legal Registration

· Export/Import License

· Extract from the trading registry of department of registration of the enterprises

· General attorney on the Director

· Passport Of The Chairman and Director

· Bank Coordinates

· Bank Letter Of Credit