Procedures

1. BUYER ISSUES LOI.
2. SELLER ISSUE SIMPLE CORPORATE ORDER in 2 (Two) Banking days.
3. BUYER ISSUE ICPO.
4. SELLER DOES ” DD ” (Due Diligence) of the ICPO (2-3) Banking Days.
5. SELLER ISSUES SALE AND PURCHASE DRAFT CONTRACT and INVOICE. WITHIN 48 HOURS BUYER SIGNS SEALS, AND RETURNS THE CONTRACT; SELLER REVIEWS IT, SIGNS IT, AND RETURNS IT TO THE BUYER AND NCNDA SIGNED.
6. SELLER AND BUYER EXCHANGE SIGNED CONTRACT HARD COPIES BY ELECTRONIC TRANSMISSIONS IN PDF AS HARD COPIES.
7. IN 48 HOURS BUYER SENDS THE VALUE OF 10,000 (TEN THOUSAND DOLLARS) USD.
8. AFTER THE SELLER MAKES THE VALUE CHECK OF 7-10 DAYS BANK SELLER ISSUES THE PRODUCT CERTIFICATE (SGS or SIMILAR) IN THE QUANTITY OF XX, 000MT ON BEHALF OF THE BUYER ” XXXXXXXX ” via E-MAIL AND DHL or FEDEX
9. IN 5 (FIVE) DAYS BANKING BUYER ISSUE FINANCIAL INSTRUMENT
10. IN 10 (TEN) DAYS BANKING, SELLER ISSUE PERFORMANCE BOND 2% (ONLY IF YOU ARE A CONTRACT).
11. IN 30-45 DAYS, ONCE PRODUCT IS DELIVERED AT THE PORT BEFORE LOADING, OF PRODUCT.
12. UPON LOADING AT LOADING PORT, AGAINST PRESENTATION OF SHIPPING DOCUMENTS AND OTHERS, THE BUYER’S BANK WILL TRANSFER VIA MT103 or OTHER
13. DELIVERY STARTS AS PER CONTRACT TERMS AND CONDITIONS.

NOTE: After the end of the contract we returned the 10 000 (ten thousand) USD, as a completed contract agreement, if the agreement it’s broken the $10,000.00 will not be refunded.