Jordan
联系人 Mr. Mohammad
P.O Box 926704, amman, Other
1. The buyer and the Seller sign the Agreement (this document).
2. The bank of the Buyer transmits a Revolving Documentary Letter of Credit (RDLC). The LC must be issued within three working days after signing the contract and must state clean and clear funds are on account and Buyer is prepared to issue payment via MT**3 wire upon receipt of the verifiable product document package, including but not limited to:
a. MARINE BILL OF LADING (marked Freight Pre-Paid)
b. CERTIFICATE OF OWNERSHIP
c. QUANTITY & QUALITY CERTIFICATE ISSUED BY SGS/SAYBOLT
d. SELLER'S COMMERCIAL INVOICE.
e. VESSEL(s) Q*8, NAME & LOCATION
f. VESSEL CHARTER & CARGO INSURANCE AGREEMENT
g. EXPORT PASSPORT CERTIFICATE
h. CERTIFICATE OF ORIGIN
3. Seller provides complete product document package as stated in item #2.
4. Buyer verifies document package.
5. Buyer releases payment in accordance with above #**4.
6. PERFORMANCE GUARANTEE (PG):The Seller’s bank, upon receipt of buyer’s SWIFT RDLC MT **9/MT **0/MT **0, will SWIFT Performance Bond 2% of **0,**0,**0 USD (to be returned to Seller after completion of contract or to be cashed out in event of non performance of the Seller.