![]() Buyer pays for the trial shipment by T/T SWIFT MT103 within 72 hours of SGS/CIQ Seller arranges shipping of the trial shipment of 1,000 MT and provides the Buyer withįull shipping documentation, including SGS or equivalent inspection at port of lading. This activates Seller's 2% Performance Bond (PB). Buyer issues revolving LC in the amount equal to one month's supply (10,000MT) and The verbiage of the LC payment guarantee. Buyer's bank issues draft DLC MT700 to seller's financier's bank and the parties confirm The Seller confirms the availability of the Copper Cathodes and provides a full set of The Seller countersigns and completes SPA with all applicable banking coordinates. The Buyer returns amended SPA with Buyer's signature and seal together with Proof of Funds (RWA Bank letter or MT799 or Bank Comfort Letter). The Seller issues draft Sales and Purchase Agreement (SPA) for Buyer's review and acceptance. Seller Mandate issues FCO which is signed and returned by the Buyer The Buyer issues LOI & parties execute an NCDA Bill of Lading, Packing List and Insurance 110% are obtained once the goods are loaded into the vessel. Seller will provide all relevant documents (POP) these include Analysis Certificate, Certificate of Ownership, and Certificate of Origin. Dimensions : 914 mm x 914 mm x 12 mm (LME Standards) Weight of each sheet: 125 Kilograms (Approximately Ã?± 2%) COMMODITY: Electrolytic Copper Cathode Grade A
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