7 Reviews From Our Community
Feedback for Feedback for PORTLAND CEMENT 42.5N/42.5R
26-09-2018
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Evaluation for Feedback for PORTLAND CEMENT 42.5N/42.5R
18-03-2019
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Helpful? Yes (1)
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ASSETS GENERAL CAPITAL Headquarters
Company Information
Assets General Capital, (AGC) is a Conglomerate of Multi Million Dollar Company.Expert Trading Company in bringing together for common mutual trading benefits of wholesalers, buyers, importers, exporters, manufacturers and distributors Worldwide Trading in:
Iron Ore fe 64.%%-63.5% reject,
Used Rails R50-R65,
HMS 1, HMS 1 & 2,
Brazil Sugar ICUMSA RBU 45
Portland Cement 42.5N/R.
Prill Urea 46%
Payment: Letter of Credit (LC) Telegraphic Transfer (TT) etc.
Inspection: By SGS.
GENERAL PROCEDURE
1. Buyer issues LOI/ICPO with BCL or permission for bank soft probe.
2. Seller forwards Draft contract, signed/sealed.
3. Contracts agreed and hard copies exchanged Electronically.
4. a) Buyer issues a non-operative L/C to Seller�s Bank
b) Buyer issues SWIFT 799 for Proof of Funds (POF).
5. Seller responds through the same SWIFT with Proof of Product (POP) Bank to Bank.
6. Buyer issues non-operative L/C to Seller�s Bank.
7. Seller activates the non-operative L/C by issuing a 2% Performance Bond and POP.
8. Delivery commences in accordance to the Contract Compliance.