Get Quick Quote From Supplier
I have received one inquiry as below.-Commodity : Used rail R50/65Contract : Spot or Annual ContractLenght : 1.5mQuantity : 30,000 MT/monthPrice : CIF Pls advise Destination : Incheon port in KoreaOrigin : Seller option(Except Africa) Here is buyers payment term.The buyer accept only Bank Guarantee as much value as Proof Of Product sellers bank sent, each shipment.POP will be sent to Buyers bank for one month shipment value by sellers bank.Finally, the Buyer will pay by T/T 100% within 10 days from arrival at the destination port.(after SGS inspection) Here is buyers procedure.1. Buyers issues LOI or ICPO on company Letter head.2. Seller sends NCNDA3. Buyer signs and returns NCNDA4. Seller issues FCO/Contract in the name of Buyer and the Buyer signs seal and return to Seller.5. The Seller signs Contract and send to the Buyer and when both parties agree on the draft, than both parties sign the Contract in a way convenient to both.6. BCL will be sent to Sellers bank by Buyers bank.7. Sellers bank send POP to buyers bank thru swift with PERFORMANCE EVIDENCE.8. the buyer should issue the BG on the receipt of POP from sellers bank.9. Sellers bank will post operative PBG 2%.10. Buyer will pay by T/T 100% within 10 days from arrival at the destination port.(after SGS inspection) If you accept above terms and procedure or have any questions, please dont hesitate to let me know.Id appreciate your favorable response.Best regards,Michael Ko-The buyer is ready to issue BG for one monthsupply of Used rails as securiet.The payment is released thru TT with in 10 Days of receiot of cargo at destination port after SGS inspection.Request please send us your soft offer to request the buyer to issue the LOIPlease provide USD 3.00 as the commission for the buyers mandate including me.Shall appreciate your prompt response.Regards,*******@*****[email protected]