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Procedures to Buy
Procedures to Buy for EXPORTS
Organic Spices exporters in India, buy pure honey online, Brazil Sugar Suppliers in India, ICUMSA 45 Exporters in India, sella rice exporters in India
Procedure to purchase for Exports is given below:
ON DLC TERMS
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Buyer sends LOI.
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Seller sends FCO to the Buyer with the banking coordinates.
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Buyer signs, stamps and returns FCO and issues draft DLC via banking channels.
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If the draft LC is accepted by the seller bank, Seller sends Sales & Purchase Contract.
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Buyer signs, stamps and returns Contract.
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Seller provide Proforma Invoice.
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Buyer bank activates and confirm the DLC.
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Upon Confirmation of active DLC by seller bank, shipping commence in 20-35 days.
Payment Terms
100% Irrevocable, Non Transferrable DLC payable at sight from BCO issued/confirmed by prime 25 western banks
Download Model LOI/ICPO here
Model of Letter of Intent (LOI)
Model of ICPO for Exports
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