PAYMENT: By Irrevocable, Transferable or Non Transferable, Confirmed DLC 100% Payment at Sight L/C for total Quantity from Top Western Prime Bank.
Performance bond: The Seller will Post 2%Performance Bond after Receipt of Payment Instrument to the Seller.
POP- PROOF OF PRODUCT: POP- Proof of Product can be obtained by Bank to Bank before LC against POF/MT799 to The Sellers Bank Before Opening the Payment Instrument to the Seller.
INSPECTION: S.G.S Inspection for Quality and Quantity Service at Sellerâ??s Cost shall inspect the Commodity at Place of Loading.
PROCEDURES:
Buyer submits ICPO & BCL not older than 5 banking days.
Seller approves ICPO and BCL.
Seller Issues FCO.
Buyer sends signs FCO with all information completed.
Seller issues Contract for Buyer's signature and Buyer returns signed Contract to Seller .
Buyer Bank Issues Non-Operative Letter of Credit to the Seller in 5 Working Days After Signing the Contract.
Sellers Bank confirms POP 2% PB and Activate the Letter of Credit.
Shipment commences as per contract
Please ask detailed and specific
questions about Pricing, Minimum Order Quantity, Delivery Timelines etc. Detailed Messages
result in prompt responses.