Buyer sends LOI
Seller’s mandate issues SCO
Buyer sends ICPO + BCL + NCNDA
Seller´s mandate sends draft contract
Buyer revises draft contract and sends signed & stamp contract to Seller within 24 hours
Seller returns signed & sealed contract with Proforma Invoice to Buyer
Seller and Buyer exchange 02 hard copies simultaneously by courier and copies are duly signed & sealed. The final draft contract will be considered as hard copies until the original have been exchanged and will not delay Buyer in issuing of the agreed payment instrument.
Hard contract must be signed in the seller’s office before opening of the payment instrument.
Shipment commences according to mutually agreed Schedule.
Posted on : October 20th, 2014
Category : Rice Exporters
Posted By: Rice Supplier