1. NCNDA
2. LOI/ICPO From Buyer to initiate order.
3. FCO/SPA from Seller
4. Factory Verification on Allocation Holder by Buyer
5. Opening of L/C with any of the below options :-
- Draft LC or BCL
- one to two month rolling L/C.
- 100% L/C.
- 1- 2 months DLC
While issuing FCO the allocation holder will make it clear any one of the payment options from above.
6: Within 5 to 7 working days after verification of LCAllocation letter for complete order from manufacturer, along with required documents,
Schedule of the deliver is provided with quantity
