We provide the following products in a large number of stabilization
Aluminum ingot: A7,A8, ADC12
Copper cathode: standard
petroleom: all type
Number: 10,000-100,000 tons per month
Specifications: International standards
Provision: CIF /FOB
Payment conditions: 100% irrevocable, convertible SBLC / DLC should be paid after the SGS detection of loading / destination port
Target port: Any primary port that can be safely reached
Export port: ASWP
PROCEDURE:
1.Buyer issues LOI & Proof of Funds
2.Seller issues FCO.
3.Buycr Signs FCO and issues ICPO.
4.Seller issues SPA Draft.
5.Buyer signs sales contract.
6.Seller signs the sales contract and shares final executed contract with buyer by e-mail in pdf format.
7.Buyer & Seller lodge their final executed contract with their respective Banks and Seller sends proforma invoice.
8.Buyer sends LC draft.
9.Buyer issues letter of credit from prime bank 10 seller's account in tens of: confirmed. Irrevocable, Transferable, unconditional standby letter of credit MTI60 / DLC MT700 from top prime bank only, payable against document present to the bank.
10.Seller appoints SGS, OCC or equivalent international Agency to generate the report on quality and quantity AND APPOINTS SGS for final shipment inspection and the cost of which will be payed by the Seller.
11.Seller delivers product to destinalion port of the buyer's choice and submit all documents to buyer bank via normal LC negotiation for payment.
12. Buyer shall make payment to the Seller bank account within 3 to 7 banking days after receipt of SGS or CJQ inspection upon at unloading port. Remark: Inspection at destination port by buyer or buyer Agent and the costs of which shall be carried by the buyer.
13. All remaining deliveries commence as per contract agreement.
