The - USED Rails Scrap / 2020 iron steel rail

Product: Railroad

Quantity: 1 + 10 : million tons

Location: Kingdom of Saudi Arabia

Payment method:

A revolving, irrevocable, and non-transferable letter of credit.

: SGS for quantity and quality

Procedure

Buyer seller

1. The buyer sends the LOI to the seller.

2. The seller issues a letter of fulfillment to the buyer.

3. Seller issues a draft contract and issues a proforma invoice to confirm the quantity and price to the buyer.

4. The seller signs and seals the contract with the buyer.

5. The seller issues all required documents and guarantees good performance (2.5%) to the buyer.

6. The seller and the buyer sign and stamp the sales contract.

7- The buyer issues a letter of credit to the seller.

8. Seller initiates delivery of materials as per the terms of letter of credit under the guarantee of the buyer's and seller's banks.

thanks

alqaly2015@gmail.com

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