We are a trading house engaged in sales of wheat, urea and cement in bulk quantity. Our procedures are: 1.BUYER ISSUES LOI WITH SOFT PROBE AUTHORIZATION AND/OR BCL 2.SELLER SENDS FCO TO BUYER FOR APPROVAL, BUYER SIGNS AND RETURNS TO SELLER. 3.SELLER ISSUES DRAFT CONTRACT IN FAVOR OF THE BUYER 4.BUYER RETURNS THE DRAFT CONTRACT TO THE SELLER, VIA FAX OR EMAIL, DULY SIGNED AND SEALED WITHIN 5 DAYS OF RECEIPT. ALL CHANGES MUST BE MADE AT THE SAME TIME. 5.ALONG WITH THE DRAFT CONTRACT THE BUYER WILL SEND THE DRAFT COPY OF THE PROPOSED TEXT OF THE LETTER OF CREDIT FOR SELLERS APPROVAL. 6.SELLER REVIEWS AND CONFIRMS ANY CHANGES MADE IN DRAFT CONTRACT, IF IN AGREEMENT SELLER ISSUES FINAL CONTRACT 7.BUYER RETURNS FINAL CONTRACT TO THE SELLER, VIA FAX OR EMAIL, DULY SIGNED AND SEALED WITHIN 5 DAYS OF RECEIPT. 8.BUYERS BANK ISSUES NON-OPERATIVE, CONFIRMED LETTER OF CREDIT TO SELLERS BANK 9.SELLERS BANK SENDS PROOF OF PRODUCT, INCLUDING ALL CERTIFICATIONS, TO BUYERS BANK AND DRAFT PB TO BUYER. 10.SELLER ISSUES NON-OPERATIVE 2% PB IN THE FORM OF A STANDBY LETTER OF GUARANTEE/CREDIT 11.ACTIVATION OF THE PB AUTOMATICALLY ACTIVATES LC. 12.DELIVERY AND SHIPMENT COMMENCE AS PER MUTUALLY AGREED SCHEDULE Delivery: 30 / 45 days after Sellers Bank acceptance of banking financial instrument issued by Buyers Bank.
Company Details
- Employees
- 2
- Address
- North York, Ontario
- Industry
- Mining
- NAICS
-
Mining (except Oil and Gas)
- Keywords
- Advertising Services.
- HQ
- North York, Ontario
Zn Trading Questions
Zn Trading's LinkedIn profile is https://ca.linkedin.com/company/zn-trading
Zn Trading has
2 employees.
View email and phone details for 2
employees at Zn Trading.
Zn Trading's industry is
Mining
Zn Trading's top competitors are
Binary Point,
The Ace Solutions,
Digitales,
Teenzup | تینزآپ,
Atto,
Ecommphics Services,
Devzex,
Creons,
Verenia,
Flag & Anthem.
Zn Trading's categories are Mining
