We have supplies that Deals in Iron Ore and we needed serious buyers below is their TERMS AND PROCEDURES: All orders must be accompanied by a completed Letter of Intent (LOI) template We offer three contract types: A. Annual Contract B. Spot Contract C. Revolving Spot Contract (revolving Spots with price locked in for term) With the following payment terms: 1) 100% Letter of Credit (payable on demand against Signed Commercial Invoice, SGS[Q,Q, non-radiation], Packing Slip and Ocean Bill of Lading) with a one-time LC processing fee of 2% of the first month’s LC value within 5 days of contract signing. The seller does not use an advising bank. PB is 2% of monthly shipping value, corporate PB until LC verifies, then is replaced with a bank bond for the PB. 2) 100% Letter of Credit via J.P. Morgan Chase Bank. The Buyer agrees to establish an account at J.P. Morgan Chase Bank, N.A. to fund the letter of credit as per contract by working with the Executive Director at J.P. Morgan Chase Bank, Manhattan, New York - yes 2% PB. 3) URC522 Documentary Collection Bank-to-Bank exchange. *ICC Uniform Rules for Collection - ICC Publication 522. Note: - Clients can choose to make due through our disbursing attorney at Law Trust (ESCROW) Account - IOLTA account. The Law Firm registered as a Money Services Business (MSB) with the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN), and regulated under the Internal Revenue Service (IRS), compliance under the Bank Secrecy Act, the Federal Bureau of Investigation (FBI) and the Department of Homeland Security (DHS). Get back to me if any buyers are intersted, so that l can sent you the company SCO OF IRON ORE At tradecommodite@gmail
Posted on: Thu, 08 Jan 2015 16:03:26 +0000
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