SOFT Corporate Offer: To: End Buyer
SOFT Corporate Offer: To: End Buyer
SOFT Corporate Offer: To: End Buyer
Procedure
CIF
1. Buyer sends the LOI/ICPO with CIS/KYC and Import License.
2. Seller sends the SPA for evaluation and signature.
3. Seller signs and seals the SPA. Seller sends the CI to the Buyer.
4. Buyer makes the funds transfer to the assigned Escrow Account.
5. Once Escrow confirms the receipt of funds from Buyer, shipment
commences immediately as scheduled in the SPA.
6. Buyer pays for the total Product value by Escrow transfer to the Seller's bank after
successful SGS/CIQ inspection at the discharge port, and title of Product
ownership is transfer to Buyer after Escrow confirmation.