Urea (Turkey)

We are direct to mandate to urea 46 from Indian, Indonesia, China and Russia Serious buyers/agents with LOI on hand for quantity min.12.500 MT. Kindly pls. Approach us at the earliest by emailing your requirement Please serious buyers or mandate contact us for further details. Procedure 1. buyer submits letter of intent (loi) with bcl.

2. seller submits full corporate offer (fco) to buyer. 3. buyer accepts and signs the fco and returns it to seller/agent.. 4. seller issues draft contract with full banking details, buyer returns contract signed and sealed. Until the hard copies have been exchanged the draft contract remains valid. Exchange by fax allowed.

5. buyers bank provides proof of fund (pof) to sellers bank by swift for sellers approval. 6. sellers bank provides buyers bank the proof of product (pop) by swift and the confirmation of availability of performance bond 2%. 7. contract is issued and signed and sealed by both parties.

Seller sends four hard copies by DHL or UPS to buyer, buyer returns two hard copies by DHL or UPS. 8. buyers bank submits draft of L/c to sellers bank by swift for sellers approval. 9. seller submits non-operative L/c from bank to bank by swift. 10. sellers bank submits to buyers bank the pb (performance bond) of 2%.

11. upon receipt of the pb the non-operative L/c becomes automatically operative.

12. shipment commences as agreed by the contract. not: All products payment terms are ffdlc ( fully funded documentary letter of credit ), irrevocable, transferable, auto - revolving,100% sight against documents of shipment or sblc ( stand by letter of credit ) 100% at sight or BG ( bank guarantee ).

The acceptable banking instrument should be issued and confirmed or guaranteed for the total contract value by a top 25 prime world bank acceptable to the seller. The letter of credit and/or BG text must be acceptable to the seller.