The Seller’s CONTRACT Procedures and Terms:
PLEASE, IF YOU WISH TO ORDER PRODUCTS FROM US THAN YOU NEED TO READ OUR PROCEDURE AND THINK ABOUT THAT. Understand that these procedures will not be modified because this procedure is designed to save time and eliminate amendments and the costs. No exceptions!! Please, if Buyer will not accept these conditions than do not discuss with us about the next steep in this business.
1. The Buyer provides the Seller with our form of the LOI (with the full description) not older than Three (3) days and with permission for a Soft Probe. At this link you may download our form of the LOI: http://www.cement-nscommerce.itgo.com/download.html
2. An exact price will be named in the FCO within Two (2) business days after an order of Buyer i.e. LOI.
3. So if all conditions in the FCO are acceptable for both sides, Buyer will confirm it with seal and signature. The Buyer will also issue an ICPO with the full description in our form of the document and it must be in harmony with the FCO and than Buyer’s Bank provides BCL together with an ICPO. At this link you may download our blank forms of ICPO and BCL:
http://www.cement-nscommerce.itgo.com/download.html
4. After ICPO and BCL, the Seller will send an official proposal in form of the DRAFT CONTRACT to the Buyer within Three (3) business days.
5. Within Two (2) days after receipt of the Draft contract, the Buyer returns certified a Draft Contract to the Seller via e-mail (legally binding). The Buyer may visit the factory if he wants when the contract is signed.
6. Within Three (3) business days of receipt of the Proforma Invoice, the Buyer opens L/C, issued by Buyer’s Bank in Top 50 World Banks to Seller’s Bank, but if Buyer’s Bank is not in Top 50 World Banks than Buyer’s Bank must have confirmation in Top 50 World Banks and than Buyer sends a SWIFT copy to Seller.
7. Within Two (2) business days of receipt a SWIFT copy, the Seller will forward comments on Buyer’s L/C, if they exist.
8. If comments no exist on Buyer’s L/C, product will be delivered within 45 days after receipt of acceptable of Buyer's L/C.
9. The Seller will provide the Buyer with shipping information (loading date, loading port, ship information) and delivery begins as per contract terms and conditions.
10. Product loaded. The Seller advises the Buyer that vessel launched.
