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FCO Copper Cathodes MR
FCO Copper Cathodes MR
To : Mr.Hossam
1. PAYMENT TERMS:
Standby Letter Of Credit SBLC MT 760 100 % Confirmed,Irrevocable, Transferable (face value of
the instrument SBLC 390,000,000 USD), valid for 1 year and 1 day issued from AAA bank, top 10
worldwide,
5. Work procedure :
1- Letter of intent to purchase from the client;
2- FCO
3 - ICPO with POF and The Pasport Buyer
4- The supplier sends a draft of the sales contract for validation by the customer
and integration of customer data;
5- Signature of the sales contract by both seller and buyer parties;
6- Validation with the customer's bank of the verbiage of the SBLC, (to avoid any
round trip of documents);
7- Transmission from bank to bank of the SBLC, guarantee instrument to the seller.
8- Starting point of the execution of the contract.
MOHAMMED HAFED B
MAIN OF LIGHT CITY
Director