Procedure to ask a quotation for commodities such rice, sugar, wheat flour, cement, urea... Brokers - Be sure that the Buyers meets this conditions (Please save your/our and our partners time)
- Let the customer fill the LOI and Draft contract (ask for forms)
- Fill up the FPA (Irrevocable payment order)
- Send your NCND (Non-Disclosure Non-Circumvention Agreement) and LOI with Bank coordinates or ICPO (Irrevocable corporate purchasing order) from the Buyer.
- We will get in touch with the Buyer after extending you a provisional FPA to be replaced by the definitive FPA after signing the contract
Procedure - Send a draft of your L/C (not necessarily issued by the Bank, it is only a draft). Mention the Product, quantity, type of L/C, total L/C amount, Issuing Bank, validity of at least 2 months and all your conditions (LC Draft)
- If the draft is acceptable we sign the contract
- You will open the L/C (according to your draft)
Clarification about Africa and other continents brokers requests Ask more information about an offer or a quote Add a tender |
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