(Box of 200 pcs) Nitrile Powder free glove with CE and FDA
Contract : 30M per month x 12 months = 360M boxes per Year
(60M per Parcel, total 6 Parcels).
– 6 weeks (due to Chemical deliveries) after MT799 Blocked Fund by buyer.
-FOB Malaysia, and other Global factories
SGS inspection: Buyer Arranges
*Payment Guarantee of 1 Parcel (60M Boxes) amount via 1 year and 1 day of MT799 Blocked Fund in Buyer’s own account following Seller’s instructions.*
*Full Payment Release for the 1 Parcel of blocked fund, by Buyer to Seller after MT799 removal; as for the 2nd parcel onwards, payment can be via Escrow funded by buyer or 100% TT by Buyer after SGS or Representatives’ inspection prior to stock withdrawal*
Seller : Specs, Certificates and FOB Price
Buyer : NCNDA, ICPO and CIS.
Seller : FCO for Buyer to sign back.
Buyer : BCL / Bank Statements with ATV (2 bankers’ signatories and their 2 name cards for call verifications)
Seller : BCL authentication (within 72 hours).
Seller & Buyer : Finalizing Delivery & Inspection Schedules, SPA signing, IMFPA.
Buyer : MT799 Blocked Fund in Buyer’s own account for 1 year and 1 day per Seller’s instructions.
Seller : SGS reports or Product Allocation Documents (Shown in 7 Business days).
Buyer : Arrange for SGS or physical inspections.
Seller : Prepare and submit all documents to the Buyer include PI, DO, Production lot numbers, custom documents, certificates, SGS inspection reports.
Buyer : after 1 year and 1 day, Pays one lump sum in TT for the First 1 Parcel. From the 2nd parcel onwards, Buyer will pay for the 100% via Escrow release or TT prior to stock withdrawal from the Seller’s warehouse for that batch of goods which are to be delivered.