Find Verified Metal Products Suppliers, Manufacturers and Wholesalers

Copper Cathode Product details: -

Origin: DRC / Zambia / Tanzania
Purity: 99.97% - 99.99%
Shipping: CIF ASWP
Price: -12 - 18 LME
Payment terms: SBLC
Procedures:

1. Buyer issues a LOl or ICPO
2. Seller responds by sending a Full Corporate Offer (FCO)
3. If the buyer agrees with the Full Corporate Offer, signs and stamps the document and sends it to the seller
4. Seller sends a Sales Purchase Agreement (SPA) for the buyer to review and remark until both parties have come to a mutual agreement
5. The Buyer's Bank will send to Seller's Bank via Swift a draft of the SBLC/MT760 as described above. Courtesy copy of the draft or verbiage has to be sent also to the Seller via email. If Buyer's bank cannot send the draft SBLC via Swift, this can be sent by email, but once the draft is accepted by the Seller, the Buyer's bank has to confirm via Swift with pre-advice MT799 to the Seller's Bank that it is willing and able to issue the SBLC according the draft
6. Upon receipt of this confirmation the supplier will provide the Proof of Product (POP)
7. The seller's bank will issue a Performance Bond (PB) verbiage to the buyer's bank, with the commitment to activate the performance bond after 3 working days after the operativity of the DLC
8. The buyer's bank activates the SBLC
9. The seller's bank activates the Performance Bond
10. The Seller makes the goods ready at bonded warehouse