Dear Sir Good day This is Mesfer from Hames International Trading company, we are looking for PRODUCT – COPPER CATHODE 99.99% ORIGIN – AS PER SELLER CHOICE MIN. QTY. – 1000 MT CONTRACT – 20000 MT X 12 MONTHS DESTINATION PORT – CHINA PAYMENT OPTION – BANK ESCROW IN EUROPE / USA OR NON TRANSFERABLE SBLC OR TRANSFERABLE DLC CONTRACT PROCEDURES – a. BUYER ISSUE LOI WITH FINANCIAL CAPABILITY BANK LETTER, SELLER ISSUE FCO b. BUYER ISSUE PURCHASE ORDER AND ACCEPTED BY SELLER c. BUYER AND SELLER WILL SIGN THE NCNDA. d. SELLER WILL ISSUE VISA INVITATION LETTER FOR BUYER AND ARRANGE THE PHYSICAL INSPECTION OF PRODUCT AVAILABLE IN WARE HOUSE/FACTORY IN TANZANIA WITH OWNERSHIP DOCUMENTS. BUYER TEAM WILL VISIT TANZANIA ON THEIR OWN EXPENSES. e. ON THE SUCCESSFUL INSPECTION OF PRODUCT BY BUYER TEAM, SELLER ISSUES SALES AND PURCHASE CONTRACT FOR BUYER’S APPROVAL OR AMENDMENTS, IF ANY. AFTER MUTUAL AGREEMENT, BUYER AND SELLER SIGN AND SEAL THE SALES AND PURCHASE CONTRACT WITH FULL BANKING COORDINATE. f. PARTIES LODGE FINAL EXECUTED SPA WITH THEIR RESPECTIVE BANK OFFICERS. g. BUYER’S BANK WILL SEND PRE-ADVISE OF FINANCIAL INSTRUMENT BY SWIFT MT799 / MT999 AS POF WITH THEIR CONSENT FOR OPENING OF FINANCIAL INSTRUMENT IN 7 WORKING DAYS. NO RWA WILL BE ISSUED. h. SELLER'S BANK WILL SEND THEIR CONSENT BY BANK SWIFT FOR SUBMISSION OF PERFORMANCE BOND OF 2% IN 7 WORKING DAYS. i. THE BUYER’S BANK WILL ISSUE, FINANCIAL INSTRUMENT WITH AN AGREED VERBIAGE WITHIN 5 WORKING DAYS. j. SELLER WILL SUBMIT PARTIAL PROOF OF PRODUCT AND PERFORMANCE BOND (PB) 2% TO THE BUYER FOR ACTIVATION OF FINANCIAL INSTRUMENT IN 7 WORKING DAYS. k. SELLER SENDS LETTER OF INVITATION TO BUYER TO VISIT THE LOADING OF PRODUCT AT PORT. l. SELLER COMMENCES WITH THE LOGISTICS AND SHIPMENT FOR DELIVERY OF PRODUCT ON HIS OWN COST WITHIN 20-25 DAYS FROM THE RECEIPT OF OPERATIVE OF FINANCIAL INSTRUMENT. m. SELLER PROCESS THE SHIPPING DOCUMENTS FOR PAYMENT WITHIN 5 BANKING DAYS OF FINAL INSPECTION AT DESTINATION PORT. Looking forward to hear from you soon Thanks and Regards Mr. Mesfer Whatsapp: 91-9606303135 Email: hames_itc@yahoo.com Show More