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Copper cathodes – grade-A with a purity range between 99.97% min to 99.99% max
Port of loading: Durban – South Africa or seller choice
Delivery terms: CIF
By irrevocable, non-transferable, confirmed, unconditional
1) LC or
2) Usance LC - 100%
Payment after 90 days from receipt of goods at destination port.
LC or Usance LC be issued to our fiduciary group bank account
Very Important-
(L/C draft should be sent along with signed SPA for approval)
2% performance bond by seller within seven (7) banking days from receipt of reconfirmation of swift from buyer’s bank
On signing the contract Seller issues Proforma Invoice with full bank coordinates.
Buyer sends copy of signed contract with Draft Verbiage of L/C for seller bank approval/amendments.