Cranberry 500M OTG in USA

  • PPE

    Cranberry 500M OTG in USA

    Posted by Chung on February 25, 2022 at 11:56 AM

    CRANBERRY OTG USA

    SGS Via Portal

    END BUYERS ONLY

    500m 22.8 all in 47% open from me


    SOP:

    NCNDA with Signing SOP

    1) AML, KYC, ICPO

    LOA & CURRENT BANK STATEMENT TO SECURE THE LOT.

    2) BUYER SUBMITS BANK PAYMENT UNDERTAKING (BPU)* DRAFT FROM THEIR TIER 1 BANK OR AGREES 3RD PARTY ESCROW AGREEMENT

    3) TITLE HOLDER ATTORNEY ISSUES LOA ON VERIFIED PRODUCT

    4) BUYER AGREES BPU SENT TO SELLER JPMC BANKER FOR SIGNATURE OR SIGNS ESCROW AND DEPOSITS TO JPM

    5) SPA AND IMFPA and PROCUREMENT LETTER SIGNED

    (* Steps 4 and 5 happen simaltaneously if utilizing a BPU, as the conditions and terms from the SPA will be mirrored in the BPU)

    6) SELLER ISSUES FULL SGS VIA ACCESS TO SGS PORTAL FOR VERIFICATION

    7) BUYER INSPECTION IF REQUIRED

    8) TITLE TRANSFER AND TRANSFER ALL SUPPORTING DOCUMENTATION

    9) TRANSACTION CLOSED

    Chung replied 9 months, 1 week ago 1 Member · 0 Replies
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