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Coal Buyer and Importer from China - Buying Lead

20 Mar, 2020

Coal

Operation procedure: 1. The seller issues FCO and contract 2. Buyer and Seller signed the agreement. 3. Seller issue PB(Performance Bond) draft format for approval of the buyer. 4. The buyer issue the LC format for the approval of the Seller. 5. After sign and seal Contract within 5 (Five) banking days, Seller shall directly by themselves or through their gr Show More...

Operation procedure: 1. The seller issues FCO and contract 2. Buyer and Seller signed the agreement. 3. Seller issue PB(Performance Bond) draft format for approval of the buyer. 4. The buyer issue the LC format for the approval of the Seller. 5. After sign and seal Contract within 5 (Five) banking days, Seller shall directly by themselves or through their group companies, issue applicable non- operative Performance Bond 2% P-B to Buyer bank. 6. Buyer receive seller 2% (PB) and within 5(Five) banking days, shall issue irrevocable Non-transferable L C, which automatically activates the PB. 7. Shipment commenced as scheduled.If you can supply,please send your steam Coal entire index and photograph and latest or anterior SGS and BL referrence data. 8. The Payment after SGS, CIQ or CCIC.

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