STANDARD OPERATING PROCEDURE
- BUYER SUBMITS LOI
- THE SELLER SENDS FCO TO BUYER
- BUYER SIGNS FCO AND SEND TO SELLER
- SELLER SENDS DRAFT CONTRACT – FOR REVIEW AND SIGNING
- SELLER SENDS PROFORMA INVOICE TO BUYER SHOWING CALCULATIONS OF THE TOTAL COST
- BUYER OPENS LC TO SELLER’S BANK
- SELLER CONFIRMS LC AND MAKE SHIPPING ARRANGEMENTS FOR TRIAL ORDER
- SHIPPING DOCUMENTS ARE FORWARDED TO BUYER
- BUYER CONFIRMS PAYMENT OF FREIGHT AND INSURANCE DIRECTLY TO SHIPPING LINE
- SHIPMENT TRACKING DETAILS ARE FORWARDED BY SELLER TO BUYER
- SELLER FORWARDS ALL ORIGINAL SHIPPING DOCUMENTS TO BUYER
