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Looking For SBLC

Turkey
Last Updated:
Posted on: 21 Jan 2024

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RFQ Details

Procedures 1- Buyer send LOI 2- Seller send FCO 3- Buyer sign FCO and send it back with POF (MT199/MT799) or bank statement 4- Seller send a draft contract 5- Within 7 days, Buyer sends MT 799 from his bank to Seller bank covering 50% of the total amount for one year and one day (Block Fund Letter) 6- After the sellerï¿½s bank confirm The MT 799, the buyer should send the hard copy by big courier (DHL) bank to the bank, then the seller will open 2% PB + PPOP 7- For the first 6 shipments, each shipment is 100% payable by MT103 at sight. For the next 6 shipments, The buyer will pay all of them by MT103 at the last shipment by wiring the blocked funds to the seller bank. This is the process to fund us to buy sugar We need SBLC or block fund letter at least 100 million euro for one year and one day

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