Structured Transaction Procedure

 

  • Buyer submits LOI / ICPO
  • Seller issues FCO
  • Buyer confirms commercial terms
  • Draft SPA issued
  • SPA executed
  • Buyer issues LC / DLC / SBLC
  • Seller provides Performance Guarantee (if applicable)
  • Inspection via SGS / Intertek
  • Shipment / Delivery
  • Final settlement

Payment Instruments

 

  • LC at Sight (MT700)
  • DLC
  • SBLC (MT760)
  • Bank Guarantee

Trade Terms

 

  • INCOTERMS: FOB, CIF, CFR
  • Inspection: SGS / Intertek
  • Arbitration: As per SPA