Procedures

does not trade with inappropriate applications such as NCND, LOI, MFPA, POP, BCL or the likes, and use only the safest trading procedures set by the UCP600 Banking Rules, Incoterms 2010 Delivery Rules and URC 522 Collection Rules.

can only purchase from Manufacturer / Supplier in possession of goods and can only sell to an End-Buyer taking physical possession of goods. will not entertain Offers from other Intermediaries (Sourcing Intermediaries / Buyers / Sellers) without full disclosure of their Principal, at the appropriate time.

's Commodity Trading Procedures:

END-BUYERS SUPPLIERS

1.  Request for Quote (RFQ) 1.  Quote/ Offer issued to for consideration
2.  Quote / Offer advised by 2.  Procurement Offer advised by
3.  Offer Accepted by Buyer 3.  Offer Accepted by Supplier
4.  Draft Contract advised by 4.  Draft Contract advised by Supplier
5.  Contract Accepted by End-Buyer making Formal 5.  Contract Accepted by
6.  DLC Issuance, Acceptance 6.  DLC Issuance, Acceptance
7.  Delivery Initiated 7.  P.G. Advised, if Applicable
8.  Document Presentation 8.  Delivery Initiated
9.  DLC Collection 9.  Document Presentation
10.  Next Delivery, if applicable 10.  DLC Collection
    11.  Next Delivery, if applicable

 








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