The buyer issues a letter of Intent (LOI) or an irrevocable corporate purchase order (ICPO).
Seller issue a complete Corporate Offer(FCO).
Buyer signs and stamps FCO page and returns to the seller.
The seller issues a draft of the sale agreement (SPA) that will incorporate the terms and full conditions.
Buyers signs and stamp Each SPA page and return it to the seller.
The seller completes the SPA, signs and stamps it and issues a PROFORMA INVOICE.
Buyer's Bank issue DLC verbiage, which the seller's Bank reviews and approves.
The seller will send the "Product Test" within 5 working days after the issuance of the draft MT705. The test includes: a) Recent SGS report. b)the asset certificate. c) manufacturing brochure.
Within 3 international banking days, the buyer's bank issues irrevocable, transferable SBLC/MT760 and DLC/MT700 confirmed to the seller bank (of the top 50 banks)
The buyer will be invited to the port of loading for inspection during loading at the buyer's expense.
Shipments will begin within 35 to 45 days of SBLC/MT760- DLC/MT700 approval by the seller's bank.
All original documents will be sent to the buying bank via the selling bank via DHL.
The buyer's bank makes payment to the seller's bank immediately after loading the material and an SGS report from an independent SGS appraiser is provided.
In The Products, The Prices And Commissions Can Be Improved Depending On The Method Of Payment And Quantities
We express our interest in the sale of type B colombian thermal coal. We are prepared to start negotiations as soon as possible, based on the following proposal:
PRODUCT: Type B thermal carbon
QUANTITY: 60,000 MT 45 days
ORIGIN: Cucuta (Colombia)
FOB DESTINATION: Puerto Nuevo
PRICE: Negotiable
INSPECTION:SGS
HEATING POWER: 10,000 - 12,600 BTU with technical data sheets
DELIVERIES:Daily
CONTRACT DURATION: 1 year renewable
METHOD OF PAYMENT: FOB - MT 760 - SBLC
We inform you that we are in a position to carry out immediate and effective procedures for the sale of ANTHRACITE with an initial production capacity of 35,000 tons per month with the possibility of progressive increases.
Commoditie: ANTHRACITE
Origin: PERU
Incoterm: FOB Port of Salaverry, Peru.
Initial requirement: 35.000 MT (thirty-five thousand tons per month)
Contract: For 60 months (with the possibility of R&E).
Price: Negotiable 100% CAD Against documents.
Shipping time 60 (sixty) days after signing the contract and confirming the letter of credit.
We inform our real intention to sell and deliver Type A Thermal Coal Ore, following international procedures under the following Terms and Conditions:
Product: THERMAL COAL TYPE A
Origin: Colombian
Minimum Quantity: 30,000 Tons in 45 days (+/-)
Full Contract: 12 months extendable, at the end of each period and increase in quantity if the parties so
Price: Negotiable
Port Delivery: FOB â?? Available Port â?? Lycan 45 days after firm contract
Port of Destination: Any port
Quality of product: Type A 7200-7400 Ptu/Kg Ptu/lb14400-14800
Ash: less 10%
Sulfur: less 1.00%
Volatile: Between 38.6-40.5%.
Inspection: Inspection of quantity and quality by a certified laboratory for export: (SGS) or similar at the port of loading, on the ship loaded at the buyer's expense.
