Barter is the present and the future of international trade, especially for people who is starting in the import export business. Barter and more: Triangular operations.
1 – Buyer send a LOI from End Buyer, in letterhead paper of company, signed and sealed, in PDF format.
2 - Seller prepares Full Corporate Offer, in letterhead paper, signed and sealed, in PDF format.
3 - Buyer approves FCO and returns it signed to seller with ICPO and one BCL.
4 - Seller prepares and exchange a SALE and PURCHASE draft contract.
5 - Seller exchanges 04 copies of original contract by mail, and issues a Pro-forma
Invoice.
6 - Buyer reviews and returns 04 copies of original contract by mail.
7 - Buyer’s Bank sends a swift message to Seller’s Bank presenting a non-operative
PROOF OF FUND in MT 760 format, simultaneously Seller’s bank confirms by swift
MT 760 format PROOF OF PRODUCT which will activate the operative financial
instrument SBLC format.
8 - Delivery begins under contract terms and conditions.
9 - Payment made against Shipping Documents.
PAYMENT FORM: (Not negotiable)
FOR SPOT: SBLC
Contract = MT760 SBLC/BG (2 month, one for contract guarantee, and one for first shipment), from bank top 25.
Payment monthçly can be by TTransfer, MT103, or SBLC.
MINIMUM ORDER: 12.500mt
WE MAKE SPOT OR CONTRACT 12 MONTH.
