Date September 20/2019
Valid till September,/2019
SOFT CORPORATE OFFER
Russia Origin
Commodity: Pet Coke
Trial: 50,000 MT
Contract: 50,000 MT for 12 Months
CIF Price: $80 Per MT
Delivery Port: China
Inspection: SGS
Payment Terms: DLC (M700), TT Wiring, MT103
Commission: $5 / $5
Mr/ Ajoy ,Pls Lets have the ICPO from Buyer and Seller will indicate specifications on the ICPO .
CONTRACT BANKING TRANSACTION(CIF)
1. Buyer accepts Seller's procedure and issues ICPO with the following:
a)banking details, b)company profile, C)passport copy d)Acceptance letter stating to adhere to
seller's procedure
2. Seller acknowledges buyer's ICPO and issues contract to buyer open for amendment, buyer
signs SPA and return the contract to the seller in word format within 4 working international days
a. Commitment letter to supply
b.Authority to Verify
c.Commercial Invoice
d.Profoma Invoice
4.Buyer's Bank in accordance with Seller's verbiage issue SBLC(MT760) or DLC(MT700) within 7
working days for first shipping's value to seller's financial bank to enable seller commence
loading of product with the shipping company and release full set of PPOP documents after
loading via bank to bank swift within 7 working days or in alternative buyer pays $350,000 via TT
wiring as a guarantee performance within 72hours if buyers bank fails to issue SBLC(MT760) or
DLC(MT700) with 7 workings which will be deducted from the final face value when the final
payment is made
5.Seller's bank issues operative 2% PB in favor of buyer's bank account within 3 working
days,which is submitted and detailed in the mutually agreed signed contract
6. Upon Seller's bank successful exchange of instrument method with buyer's bank in which the
buyer's bank must have must finished issuance of the SBLC(MT760) or DLC(MT700) to the
as given below:
A. Certificate of Incorporation
B. Seller Certificate/Registration
C. Certificate of Origin
D. Company Tax payer certificate
E. Fresh SGS report
F. Tank receipt
G.Q88 and quality specification
H. Bill of loading
I.Passport Product
J.Export License issued by the Russia of Ministry
7. Buyer notifies seller by official written notice of his bank receiving seller's PPOP document
