1. Buyer issues
ICPO and RWA bank to bank.
issues a FCO with all conditions to be signed by the
issues 4 (four) copies and 1 (one) original contract to be
signed and stamped by the Buyer.
4. Buyer must
return at least 1 (one) copy signed and stamped to the Seller
5. Buyer sends
to Seller's Bank NON OPERATIVE swift MT760 ITARDLC and accepting all conditions of the
6. Within 5
(five) international banking days from receipt, verification
and authentication of the Buyer's Bank instrument, the
Seller's bank will issue in favor of the Buyer and "operative"
Performance Bond Guarantee 2% (two percent) covering the
Buyer's Payment Instrument.
commences as per Contract.
8. Buyer's bank
issues and Irrevocable Transferable Assignable Revolving DLC
for each monthly shipment until fulfillment of contact
Confirmed Purchase Order
Ready Willing and Able
Full main Offer
ITARDLC Irrevocable, Transferable,
Assignable, Revolving, Documentary Letter of
Documentary Letter of Credit
FOR DETAILED BUYING AND SELLING
PROCEDURE SEE ALSO OUR
INSTRUMENTS & PROCEDURES
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