Consumer & Industrial Products
LTTCO, USA role is acting mainly as Buying / Selling Brokers on behalf of a selective Buyers & Sellers in the field of Consumer & Industrial Products around the world to facilitate rapid, accurate and efficient sales transactions.
CONSUMER PRODUCTS BUSINESS PROCEDURE
- Buyer submits either one of the following:
- Bank endorsed Letter of Intent (LOI).
- Letter of Intent (LOI) + Bank Comfort Letter (BCL).
- Bank endorsed Irrevocable Purchase Order
- We will forward to the buyer an (FCO) and/or a Proforma Invoice.
- Buyer returns approved copy of the (FCO) /the Proforma Invoice duly signed and sealed.
- Buyer Bank issues relevant operative fully funded Stand-by Letter of Credit confirmed by a Prime World Bank and read as Irrevocable, Transferable, Divisible, and payable 100% at sight upon presentation of shipping documents at Seller’s Bank counter. The L/C must be valid for 75 days.
- Product to be delivered according to the delivery period mentioned in the Full Corporate Offer (FCO) and/or the Proforma Invoice.
- No Sale s Contract to be signed by both parties of the deal whereas The content of the signed (FCO) and/or the Proforma Invoice represent and replace all clauses of the Sales Contract.
CONSUMER PRODUCTS SHIPPING DOCUMENTS
- “Clean on Board” Ocean Bill Of Lading (B/L) marked “freight prepaid” (3) three originals and (3) three copies.
- Commercial Invoice for total value of the shipment, (1) one original and (3) three copies.
- Packing List, (1) one original and (3) three copies.
- Certificate of Origin, (1) one original and (3) three copies.
- Inspection Certificate issued by the inspection company in loading port for quality, quantity and proper packing, (1) one original and (3) three copies.