1. Buyer confirms soft offer and issues an ICPO, BCL or authorization with right to soft probe/IMFPA signed by buyer. 2. SELLER issues FCO. 3. Buyer signs and returns FCO with a letter of acceptance. 4. SELLER issues draft contract open for amendments. 5. Buyer returns signed draft contract
6. Seller issue to Buyer the Partial POP. 7. SELLER issues original contract for final signatory, both party exchange hard copies of contract via Courier within 5 ?five? days of signing electronic version. Both party lodges? contracts in respective
banks. 8. Buyer?s bank issues irrevocable revolving nontransferable documentary letter of credit. 9. SELLER issues 2% PB to activate buyer?s irrevocable revolving nontransferable Documentary letter of credit as agreed on contract. 10. Delivery commence as scheduled.
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Trade Leads Directory -> All Trade Leads -> Chemicals -> Petroleum Products: Fuel Oil -> D2, Sugar ICMSU
