Professional Documents
Culture Documents
Date: 12/12/08
TO: BUYER
THRU:
PROCEDURES:
1. Seller issues FCO.
2. Buyer countersigns Seller’s FCO, and issues ICPO with Buyer’s
complete Bank Details and with SOFT PROBE AUTHORISATION,
confirming buyer’s acceptance of Seller’s FCO. counter signed and
issue his LOI/ICPO confirming his order.
3. Seller sends draft contract for buyer’s review and signature.
4. Buyer signs contract. Seller signs contract
5. Buyer and Seller lodges copy of signed contract with their respective banks.
6. Buyer’s bank send pre-advice SBLCs advising Seller’s bank to issue 2%
performance bond. Upon receipt of Performance bond, Buyer’s bank
activates the SBLC and confirm by swift to Seller’s bank.
9. After the final refinery assay report, the Buyer’s Bank will
immediately transfer the funds, as per the invoice value, by Swift Wire
Transfer.
POSITION: CEO
PASSPORT NO:
ISSUED BY: REPUBLIC OF GHANA / REPUBLIQUE DU GHANA
DATE ISSUED: XXXXXXXXXXXXXXXX
PASSPORT:
ISSUED BY:
Thank you for considering Brazil Consult as your supplier, to move forward
we look forward to receiving your ICPO.
Warm regards
Mr A S Young
Managing Director