Argentina Factory

Company Description

Purchasing selling of product international quality with the loArgentina Factoryst commission on price FOB (2%). Prices CIF AWSP. LOI: Letter of Intent ICPO: Inrrevocable Corporate Purchase Order BCL: Bank Comfort Letter PROCEDURE PROTOCOL: 1) Seller issues and sends a FCO to the Buyer; 2) Buyer issues LOI + ICPO (with LETTERHEAD), signed and stamped to: ARGENTINAFACTORY.; 3) Seller issues DRAFT CONTRACT, and sends it to the Buyer; 4) Buyer SIGNS and STAMPS draft contract and sends it back to the Seller; 5) Seller issues the HARD CONTRACT and send it to the Buyer by an international courier; 6) Buyer signs and resends back half of the copies by courier to the Seller; 7) Buyer initiates banking procedures with his Bank and sends swift (and) HARD COPY of MT 760 (BG) or SBLC to the Sellers Bank (BANK TO BANK); 8) Sellers Bank sends to the Buyers Bank the POP. 9) Buyers Bank open an ARDLC irrevocable, divisible, transferable, without restrictions, unencumbered, unconditional, irreversible, negotiable payable against shipment documents when the product is embarked in the Brazilian loading port; 10) Sellers Bank send the Buyers Bank by Swift the PB of 2%; 11) The Seller issues and sends the original documents, Bill of Lading and SGS to Buyer; 12) The Shipments start according to agreed until completion of contract.