Important notes
Documents
necessary: letter of intent (LOI) and bank capability letter (BCL). The
Letter of Intent must be filled (buyer’s name, full address and full bank
coordinates), issued in letterhead paper with stamp, signed and sealed by
buyer. the letter of intent must be along with a bank capability letter
issued by a prime word bank.
Embarkment:
to verify in logistic.
Mode of payment: to verify in the table.
Destination port: to verify in the table.
Insurance: provided by seller to the benefit of the buyer for a total of
100% of the buyer’s cost.
Performance bond: 2,0 % (two per cent) per metric ton based on the
acceptable LC amount;
Inspection: SGS or equivalent done buy exporter (seller) at loading port.
Procedure
1. Buyer
issues LOI with full banking coordinates along with BCL (Bank Capability
Letter).
2. Seller issues the FCO
3. Buyer signs, seals and returns the FCO. Buyer’s bank sends by swift to
the seller’s bank the POF for the whole amount of the contract value.
5. Seller issue’s draft of contract.
6. Buyer signs the draft contract and sends it back to the seller.
7. Seller signs the final contract and returns it to buyer.
8. Seller’s attorney escrow agent will send the pop to the buyer’s bank.
9. Buyer’s bank issue and send by swift the LC 100% at sight to the
seller’s bank within 48 hours after receive the POP.
10. Seller posts performance bond (PB) for the value of 2,0%.
11. Shipment begins. Buyer can made a physical inspection together with
SGS at the time of loading of product.
Contact P.D.T.E. Brazil Ltda
1) Any request will be sent with the direct contact
form
2) The seller will send back his contact information to allow the customer to
issue the LOI and the BCL
Contact French
1) Toute demande sera obligatoirement envoyee
par le formulaire
contact direct
2) Le vendeur retournera ses coordonnees complètes afin que l'acheteur puisse
commencer la procedure definie ci-dessus et lui adresser une LOI et une
BCL
Nota: le vendeur offre pour tout contrat un cautionnement
d'execution (Performance Bond). |