We want to buy some products from your company,
product name, model no. and specification as below:
Dear Sir,
We are mandate to a buyer, and the quantity our buyer want to buy is 50,000 metric ton either spot or partial shipment of not less than 25,000 metric tons per shipment.
Price: Rotterdam current price (fob)
Payment: by Irrevocable Letter of Credit in favor of seller.
Pb: 2%Pb or APBG as payment protection to buyer before opening L/C to seller.
Procedure: Buyer’s terms are very simple, after signing of contract by seller and buyer, seller will swift or post payment protection grantee inform of 2% performance bond or Advance bank payment grantee of 20% face value.
On confirmation and reflection of any of the above instruments in buyer’s bank, buyer will open irrevocable Letter of credit in favor of seller. Please this procedure is none compromising so, if you cannot transact with don’t reply to avoid waste of time.
Sam Ray