NCNDA (NON-CIRCUMVENTION, NON-DISCLOSURE & WORKING AGREEMENT [ view | download ] |
(NCNDA Is For Brokers Only! ) |
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Documents required to process your order﹕ Two Things to move forward with: |
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1. LOI [ Download ] |
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2. BCL [ Download ] or RWA [ Download ] |
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Payment: |
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· Irrevocable & transferrable L/C at sight |
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· Unconditional & Transferrable BG/SBLC [ Download ] |
[ Either One or Both depending on what commodity you purchase, term can’t be changed. ] |
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Major Procedure: |
1. LOI/ICPO and BCL submitted by the buyer as the first step |
2. FCO/Contract provided by the seller and the buyer signs it and send it back to the seller, then banking is set up |
3. Payment made by the buyer as required per Contract term and POP is against POF |
4. Upon receipt of payment, the seller will start loading and make the shipment within 45 days |
