- Details of the order are confirmed in writing by email
- The buyer sends to us (seller) the letter of intent (LOI)
- On receipt of LOI, we send to the buyer the FORMAL CORPORATE OFFER (FCO), setting out the full details of the transaction, namely, quantity, quality including product analysis, packing, port of origin and port of discharge, delivery period, payment terms, etc.
- Once the FCO is accepted, we will prepare the contract and have it signed by both parties
- The Proforma Invoice (PI) follows to enable the buyer instruct its bank to prepare the Letter of Credit (LC), or make payments as stipulated in the PI.
- Once the LC has been confirmed by our bank, or payment received, the goods are packed, inspected by the agreed international inspection agent, and despatched to the shipping agent in accordance with the contract terms.
- Delivery period will depend on the shipping schedules. Efforts will be made to use the earliest available freight vessel.
- The Bill of Lading is presented to the bank for payment as stipulated in the contract.
- In Nature we can Trust
