1. Buyer issues ICPO  and RWA   bank to bank.

2. Seller issues a FCO with all conditions to be signed by the Buyer.

3. Seller 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 by courier.

5. Buyer sends to Seller's Bank NON OPERATIVE swift MT760 ITARDLC  and accepting all conditions of the business.

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.

7. Delivery commences as per Contract.

8. Buyer's bank issues and Irrevocable Transferable Assignable Revolving DLC for each monthly shipment until fulfillment of contact amount.

ICPO        Irrevocable Confirmed  Purchase Order

RWA         Ready Willing and Able

FCO          Full main Offer

ITARDLC Irrevocable, Transferable, Assignable, Revolving, Documentary Letter of Credit

DLC          Documentary Letter of Credit

FOR DETAILED BUYING AND SELLING PROCEDURE SEE ALSO OUR
BANKING INSTRUMENTS & PROCEDURES

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