Description

Physical Specifications:

Thickness of each single plate shall be at least 5mm and in square shape (approximately **4mm x **4mm x *2mm) (*6 *6x 0.5) Weight of each sheet: **5kg +/*1%. Net Weight of each pallet: 2 MT +/*1% Minimum.

Origin:                              DRC / Zambia
Delivery:                           CIF ASWP / As buyers choice
Price:                                Based on LME -/- discount GROSS and NETT
Payment:                          3 (Three) days of full execution of SPA, Buyers bank shall issue a SBLC/BG or MT**9 BLOCK FUNDS/TT in favor of Sellers Financier Bank via SWIFT MT**0 on behalf of Seller.
Performance bond:       Within 5 (Five) days from receipt and verification of SBLC/BG or MT**9 BLOCK FUNDS/TT, Sellers Financier Bank will provide 2% PB (Two Per Cent Performance Bond) in the Buyers account.

Inspection: Seller and Buyer mutually agree that SGS or INSPECTORATE an internationally
recognized first Class independent surveyor company shall be appointed at loading and/or discharge ports, to assess the quality and quantity of the cargo according to the provisions herein stated. Seller pay SGS or INSPECTORATE inspection cost at loading port.

Procedure:
1. Buyer issues formal LOI with full requirements
2. Seller issues FCO to be signed and returned by buyer
3. Buyer issues ICPO with full banking addressed to SELLER via Seller mandate
4. Seller issue SPA and Commercial Invoice with NCNDA and IMFPA.
5. Buyer return SPA and INVOICE signed, stamped and sealed with NCNDA and IMFPA.
6. Buyer issue DRAFT of SBLC/BG for sellers financier bank approval.
7. Buyer issue the SBLC/BG or MT**9 BLOCK FUNDS/TT to sellers financier bank of shipment value.
8. Sellers financier bank issue the operative 2% PB to buyers bank.
9. Seller executed quality and quantity inspection at loading port.
*0.Within *5 days after receipt of inspection, Seller issues full shipping documents copy to buyer
*1. Shipment commences
*2. Upon delivery at discharge port, buyer executes final inspection at discharge port and pay the goods max. *0 days LATE after successful CIQ inspection and presentation of original shipping documents and updated original commercial invoices.
*3. Seller releases commissions to intermediaries

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