We, hereby with full corporate authority and legal responsibility that we are ready, able, and willing to offer palm kernel shell based on the following specification and price terms and conditions. Product: Palm kernel shell Specification Total moisture:12-15 % Foreign material:5 % Origin indonesia Loading port: Teluk bayur, west sumatra Quantity:30.000 mt Payment: Irrevocable, confirmed letter of credit at sight, payable and/or confirmed by a top 100 prime world bank. Performance bond:2 % Delivery: Fob teluk bayur, west sumatra Inspection: Sucofindo or any other independent surveyor Validity:7 days Operation procedure 1. Seller/seller representative issues the fco to the buyer. 3. Buyer signs, seals, and sends fco to seller together with buyer icpo with full banking details. 4. Seller/seller representative issue contract. 5. Buyer review, sign and return contract. At the same time, buyer submits copy of the proposed l/c text to the seller/sellers representative for review and approval. 6. Seller review, sign and return contract to buyer. 7. Buyer shall issues swift non-operative irrevocable, confirmed, l/c 100% at sight within 3 to 5 international banking days. 8. Seller shall issue 2% performance bond (pb) to activate buyers non-operative l/c. 9. Delivery commerce as per contract. We hope that the above terms and condition will meet the buyers requirement. Waiting for an early and favorable reply.
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