Fayoumi
| Business category 1 | PA |
| City ( of main office ) | Beckum, DE, Germany |
| Address | Gustav-moll |
| Phones | 49-171-7433729 |
| Fax | 49-2525-6195 |
| About | We are a German company. We are the German agent of a Brazilian company. Procedures: 1. Seller issues Corporate Quotation(CQ)in name of the Buyer. 2. Buyer signs, stamps an returns the CQ, completes all information left blank and returns along with Letter of Intent(LOI)in attached format. 3. Seller will send draft Full Corporate Offer(FCO)and if acceptable Buyer will arrange for Bank Capability Letter(BCL)in attached format. 4. On receipt and verification of BCL Seller will forward valid FCO to Buyer for signature. 5. Seller will send draft contract to Buyer and settle terms by friendly negotiation. 6. The Buyer must initial the contract and send to the Seller or the Sellers Mandate to be initialled. The Seller or the Sellers Mandate will initial the contract and will send it back to the Buyer including a copy of the document appointing the Mandate with authority to act. 7. The buyer will send a draft of the Letter of Credit from their bank for approval by the seller and this, when initialles by the Seller, will form a part of the contract. 8. Seller will issue its Corporate Performance Guarantee(CPG)in favour of the Buyer for value specified in the Contract. To the attached to Contract) 9. Buyer bank will open active letter of credit. 10. All terms of contract are re-confirmed by an exchange of physically signed hard copies of the contract and contracts are then in full force. 11. Unless otherwise agreed in the Contract the First shipment will commence no later than 45(fortyfive) working days from date of issue of the operative Letter of Credit. The remaining consignments will be shipped within each 30(thirty)day period as defined in the Appendix in the contract on condition that the operative Letters of Credit have been issued at least 30(thirty)days befor the required shipment date. 12. Effect of payment for each consignment shall be effected within 3(three)banking days after receipt by the Seller's Advising Bank of all documents required for payment. |
| Date | 2011 Oct 29, 15:10 |