Steam Coal Export Procedure - Import - Buying

Please follow our procedure New Version Procedure 1. Buyer sign FCO and send back to us 2. Buyer send LOI / ICPO 3. Buyer / seller send draft contract + draft LC /payment draft with buyer detail information , spec , price and term ((( cash / draft LC/Usance LC/sblc/BG as our version ))) 4. Revise the draft both parties 5. IF TERM and price are macth 6. -- NCNDA/IMFPA Fee Protection preparation 7. Send Buyer's company profile 8. Important document is given / shown in sign contract time or after we receive buyer data and revise second time Old version : Step Of Procedure : 1. All important document will given at sign contract time in our office NCNDA is number step 7 2. Seller Send FCO 3. Buyer Send LOI / ICPO with spec , price , detail and bank 4. Buyer or seller send Draft Contract 5. Buyer or Seller send Draft payment Usance LC / SBLC / BG / LC ( or TT/ cash information) 6. Buyer sign FCO buyer send seller Revise draft contract and draft Payment until FINAL draft Draft Contract should be contain buyer and bank detail 7. -- NCNDA/IMFPA Fee Protection preparation 8. Draft contract sign by email ( by .JPG ) 9. Seller prepare for Finance / Funder if payment TERM is good can be faster Good : Cash / SBLC / Usance LC / BG 3 month amount not good : by Normal LC 10. Buyer and seller meet face to face Draft PAYMENT is final ( draft ) sign contract physically Seller important document will be shown or given Sign NCNDA - Fee Protection /IMFPA (( if payment by cash should be 1:4:4:1 )) 12. Buyer can take a survey and site visit 13 Opening payment : Cash / SBLC / Usance Lc /BG / TT Payment opening / Active / on : Cash / SBLC / Usance Lc /BG / TT 14. ( OPTION ) Seller pay PB after payment on 15. Loading time 35 days max 45 days after payment ON/effective 15. Arranging Shipment / Vessel 16. Coordination time and date of shipment 17. Loading TIME and shipment vessel should be equip with crane and grabs OLD version Export Procedure For Steam Coal FOB MV The procedures are as follows: Steam Coal Export Procedure - Import - Buying Buyer Batu Bara Steam coal buyer Step Of Procedure : 1. Seller send FCO and document 2. Buyer send LOI / ICPO ( as our specification,price / or as agree ) 3. Buyer send Sales draft contract ( as our specification,price / or as agree ) if LOI / ICPO and Sales Draft Contract can not make a deal Sales draft Contract is a symbol of buyer's seriousness but Sales draft contract should be fill complete detail information about BUYER 4. ** Draft Contract should be contain buyer and bank detail and coal specification 5. ( seller and buyer make revise of Sales draft contract ) 6. ( Seller and buyer sign Contract with JPG signature /file/email ) 7. Buyer send draft LC 8. Buyer ans Seller Sign Sales Contract physically / Opening LC 8b Seller arranging fund and prepare financial 9. Other Seller important document will be shown 10. Buyer can come to office and take a survey 11. Buyer opening LC and Seller pay for PB 12. Arranging shipment / Vessel 13. Buyer arrange and send Mother vessel ( as time and date as agree / in contract ) 14. Loading time 35 days max - 45 days after LC open vessel should be equip with crane and grabs Price information : Contact Us :: Steam Coal For Export