issues ICPO with BCL or RWA
+ SOFT PROBE or LETTER
OF SOFT PROBE or
Bank Statement including complete company
3. Seller issues FCO (Buyer Endorsement).
4. Buyer signs, seals and returns the FCO with the Acceptance
Letter to the Seller.
5. Seller issues the Draft Contract, open for any amendment (Buyer
Signs, Seals and returns it&
All Parties sign into NCNDA).
6. Seller sends final / approved contract to Buyer and both Seller
and Buyer will Lodge with respective banks.
bank will establish the Pre-Advise DLC(MT799) in
the agreed format in favor of the Seller lodged in the seller's
Seller Bank within 7 ( Seven ) banking days will provide to the
Buyer's Bank the confirmation of possessing of Proof of Product
(POP) issued to the name of the Seller, and readiness to issue 2%
Performance Bond (PB) Guarantee.
Buyer issue the Non-operative RDLC/DLC in the agreed format in
favor of the Seller lodged in the seller's bank.
Seller’s bank in 7 (Seven) banking days after receipt of
Non-operative DLC, provides the full POP documents issued to the
name of the Buyer and 2% Performance Bond (P.B), for adequate to
DLC’s period, which automatically activates the Buyer's
Seller informs the Buyer, about the readiness for Shipment of
Seller undertakes shipment in accordance with the Contract
Shipping and Delivery commences as per the agreed
3. No upfront payment from buyer
The seller do not request buyer to bear any upfront costs /
If your buyer can accept the seller procedure and is ready to issue
BCL or equivalent POF, please send us LOI with BCL for proceeding
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