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09/08/2010
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09/08/2010
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Offer Description - Used Rail R50-R65
Packaging & Delivery
Packaging Detail : In Bulk
Delivery Detail 45 to 60 days L/ C
Origin: Europe & Russia
Minimum Order : 30, 000MT X 12 Months.
Maximum Order : 500, 000MT X 12 Months
TRANSACTION PROCEDURES : 1. The Buyer issues ICPO/ LOI with full Banking Coordinates Permitting Soft Probe. 2. The Seller issues FCO with their Banking coordinates and the Draft Contract to Buyer for review and sign it. 3. The Buyer send back the Draft Contract Approved and Signed OR with Amendment to be Approved by Seller. 4. The Buyer Bank send to Seller Bank Via SWIFT MT- 799 for Proof of Funds , Client Information Su mm ery and Su mm ery of Business information and Submits Draft of L/ C to Seller bank for Approval . 5. After Approval from Seller Bank Contract Finalization, Signing and Exchange. Buyer sends to Sellers Bank L/ C. 6. The Sellers bank Confirm toBuyers Bank, that all his documents have been Approved and the Seller bank will issue POP and the 2% Performance Bond ( PB ) to activate the Non- Operative L/ C and an Invitation Letter for yard Visitation from Seller Bank. 7. Shipment take effect as scheduled.