Copper Cathode or copper concentred Procedure no negotiable :
Trial : Any quantity MT or more
Monthly quantity : any quantity MT
No bank instrument for the Trial, maximum 48 hours after the payment of the trial the buyer will have to issue an LC or DLC MT700 for the remainder of the contract.
Delivery is made to Bollore every where in the world .
NB : the payment for the trial is made by TT transfer after delivery to the bollore warehouse,
PROCEDURE : (NON NEGOTIABLE)
1. Seller send contract signs sales contract
2. Buyer signs the sales contract and shares the seller and seller sign final executed contract with
the buyer by e- mail in PDF format.
3. After contract signing contract Seller delivers the trial to BOLLORÉ warehouse every where he need in the world without a buyer bank instrument. For the rest order, buyer must open the BANK'S STRUMENT (BS) of minimum 12 month
4. After trial payment Buyer issues an, confirm DLC MT700 in favor of the Seller equivalent to the Invoice value of the shipment. The validity of each one BG must be 1 years minimum . BANK'S STRUMENT will be revolving automatically after each delivery.
5. Seller issues 2% PB to buyer bank in 72 hours after receipt of the BS .
6. On the arrival of the copper cathode or cooper concentrate at the destination, the Buyer shall confirm the Quality through its assaying company at its own cost, to do a full quality and
quantity assay of the copper cathode.
7. Within 3 working days from the date of issuance of satisfactory final assay reports,
the Buyer shall initiate full payment of the value of the cathode by EFT to Seller’s
nominated bank account for the total invoiced value of the assayed copper
cathode or cooper concentrate against the necessary documentation described below.
8. Title shall pass to the Buyer when the copper cathodes or cooper concentrate are fully paid.
9. For future monthly deliveries, as agreed on the schedule
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