To proceed with the above subject matter as plan
and scheduling :
1. Buyer sends LOI / ICPO or can directly draft the
official SPA Contract from the LC opening company.
better to complete the identity / passport of the
person in charge
2. Buyer shall approved the Full Corporate Offer (FCO),
signing and endorse.
3. Buyer shall submitted Draft Contract to our Company
within 3 (Three) days after signing and approved the
Full Corporate Offer (FCO).
4. Buyer shall submitted copy of Import Permit
5. SelleR will review DrafT Of Contract from Buyer.
6. Seller and Buyer signing Electronic Draft Contract.
7. Buyer or appointed Independent Surveyor at Buyer
choice will make a schedule of Site Visit to the
(Mine/Stockpile/Jetty) if required.
8. Satisfied with the Visit and Coal Quality, Buyer and
Seller shall sign Hard CopyContract based on
Electronic Contract agreed.
9. Buyer shall issued the Letter of Credit and Seller will
send documents such as Report Of Analysis (ROA) or
Pre Shipment Analysis (PSA) which issued by
Independent Surveyor and Performa Invoice to
Buyer's Bank to get approval for acceptance of Letter
of Credit (LC).
10. After get confirmation from Buyer's Bank that
Documents has been accepted then Seller will
prepare the Coal to be loaded into the Mother Vessel.