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Organizer:
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CARDINAL OTG EU
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CARDINAL OTG EU
Cardinal OTG Europe
Product: Cardinal FLEXAL Nitrile Gloves
Quantity Price (USD)
5M to 9M 18.00 ( 10% commission including )
10M to 25M 17.00 ( 10% commission including )
51M to 99M 16.50 ( 10% commission including )
Stock: OTG Europe
Incoterm: DDP EU
Terms of Payment: Escrow or LC
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SOP:
Step 1:
a. NCNDA, LOI, LOA, ICPO, KYC
b. IMFPA signed and sealed by buyer, buyer’s mandate and intermediaries
c. Seller sends FCO
Buyer accepts, signs and returns back the FCO for acceptance along with
RWA MT199 bank-to-bank digital message (POF). Confirmation email from the
buyer’s bank is forwarded to the seller bank
Step 2:
a. Call A2A (or Seller with Buyer)
b. PLO/POP
c. SPA signed by both parties
d. Seller notarizes IMFPA
e. Seller issues Pro-Forma Invoice with SGS and Lot number with security code
f. Buyer deposit funds in Escrow or release the final LC
g. Funds released when Buyer receives goods
h. Seller pays commission as per IMFPA
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IMPORTANT NOTES: Only buyers from the EU are accepted !!
No proxies accepted !!
The buyer MUST be the owner of the funds !!
Max 4 groups of intermediary are accepted !!
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Commission Structure:
Seller’s side 50% CLOSED
Buyer’s mandate 33.3% OPEN
Intermediaries 16.7% MAX 4 parties ( 3 parties already in // 1 party is OPEN )
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