Grade: AAA
 
STANDARD OPERATING PROCEDURES:  
Buyer sends LOI to Seller’s Mandate.
Seller’s Mandate sends FCO to Buyer.
Buyer Signs FCO with the completed details and returns a copy by email to Seller’s Mandate within 48 hours.
Seller’s Mandate sends Draft of SPA to Buyer within 48 hours. Seller’s information is exposed in SPA.
Buyer signs SPA and sends back to Seller by email within 24 hours.
Seller sends Pro Forma Invoice to Buyer within 24 hours.
Buyer signs Pro Forma Invoice and assigns Buyer’s bank to issue the DLC to Seller’s bank within Five (5) business days.
Seller’s bank confirms the Receipt of DLC. Then, Seller’s bank afterwards issues PB (2%) to Buyer’s bank within Five (5) business days.
Seller is responsible for inspection of quality and quantity of goods at the loading port. 
Seller arranges the shipment and presents the original shipping documents to Seller’s Bank. Seller sends the balance ofdocuments to Buyer via email or courier.
Seller arranges the balance of shipments against the delivery schedule.