Urea N46 agriculltural Grade 'B'UREA 46% NITROGEN GOST 2081-PB:2%Certification and Inspection: SGSPayment term:By Transferable and non-transferable RDLC issue by world top 50 bank. PROCEDURES1. Buyer sends LOI with BCL2. Seller sends FCO to the buyer.3. Buyer signs FCO and sends to Seller.4. Upon acceptance of draft contract, Buyer and Seller execute the contract.5. Seller nominates Escrow Account Services for acceptance by Buyer.Buyer/Seller deposit 2%1st montnly shipment value.9. Seller's Bank issues POP to Buyer via bank swift. Buyer's bank to issue non-operative LC withn 5 banking days. 9i If Buyer fails to issue the non-operative LC within 5 banking days after receipt of Seller's POP, Seller fortfeits the 2%PB in escrow bank account. 9ii After contract is signed and escrow account opened , Within 5 banking days if Seller fails to issue POP via bank swift, Buyer fortfeits 2% in escrow bank account.10. Seller bank issue to Buyers Bank the Proof of Product (POP). 11. Seller's bank notifies the Buyer's Bank that they are ready to issue non-operative 2% PB to the Buyer's bank. The 2% PB will be placed in Buyer's account should the seller fail to supply the cargo of the product, this 2% PB will be paid to buyer and intermediaries as compensation accordingly. 12. Buyer's Bank issues non-operative LC,13. Seller's bank issues 2%PB automayically activates LC.14. Shipment commenced.
