We accept a Letter of Credit or TT for payment of the product. Order for ore should be referred to the next Q & A.
1. Buyer issues LOI (Letter Of Intent). Full information Buyer Issuing Bank TOP 10 to 25
2. Seller issues SCO (Soft Corporate Offer).
3. Buyer issues ICPO (Irrevocable Corporate Purchase Order) with bank
4. Seller issues FCO.
5. Buyer returns the FCO signed in 3 days
6. Seller issues Draft Contract.
7. Buyer returns the Draft Contract signed in 5 days
8. After return the Draft signed, the buyer through his bank has 10 days to issue LC for buyer bank.
9. After receiving LC, seller through his bank have 5 days to issue PB- (Performance Bond) and POP(Proof Of Product) to buyer bank.
10. In 60 days, seller’s bank issues an invitation letter for inspection of SGS or similar through its bank and BL (Bill of Lading).
11. Delivery starts according to the terms and conditions of the order
Licensing package is granted to fabricate Avimetal's preprietary product locally and sales is limited within region assigned by Avimetal. Full Knock Down (FKD) or Semi Knock Down(SKD) kit is available for locan fabrication.
Douglas Ashworth Managing Director