Detailed Product Description
IMPORTANT NOTICE - JP 54 TO SELL
We would like to announce that we have JP 54, and it can be immediate delivery.
Our supplier is serious, we will not be available to speculators, only for those who really want to buy.
Our procedures are as simple as possible, but provide security for both the buyer and to the seller.
The buyer must indicate the quantity he want to buy and the price, via email, fax or verbally to the sender of this communication.
In NCND/IMFA should bear the BUYER MANDATE and only 01 (one) PAYMASTER.
The following are the procedures accepted by the SELLER:
PROCEDURES
Ø BUYER sends ICPO to SELLER;
Ø SELLER sends DRAFT CONTRACT, BUYER signs and returns to SELLER;
Ø BUYERS Bank issues BANKING COMFORT LETTER (BCL) or RWA VIA SWIFT MT 799 to SELLERS Bank;
Ø SELLER issues PARTIAL POP to the BUYER VIA SWIFT proving the availability of the product;
Ø BUYER verifies PARTIAL POP;
Ø BUYER and SELLER lodge FINAL CONTRACT at respective Banks;
Ø BUYER and SELLER communicate and agree on the final wording of IRDLC;
Ø BUYERS Bank sends NON OPERATIVE IRDLC via MT 799 SELLERS Bank;
Ø SELLER issues 2% Performance Bond;
Ø SELLER issues FULL POP for the Product to BUYERS Banks, which activates the IRDLC and Performance Bond.
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