Lana Trading reviews

Company Information

PROCEDURE:
Supplement my NCNDA.
1) The buyer gives the OFFER ( ICPO LOI & BCL )
2) The seller sends the ACCEPTANCE (FCO the full CorporateOffer).
3) Buyer accepts and agrees the terms and conditions of the FCO by counter signature & companies
stamp and sending it to the seller and send BCL (the Letter from Bank about Solvencyof the
Buyer.
4) Seller issues draft contract with full banking. Draft Contract shall be signed by both parties and
sent via fax or electronic message that will be deemed as original and valid.
5) Hard copies of the Contract to be issued by the Seller and exchanged with the Buyer.
6) Buyer signs/stamps all the copies and return 2 (two) hard copies of the Contract to the Seller.
7) Seller and Buyer will lodge the hard copies of the Contract with their respective banks.
8) The Buyer bank provides Proof of Funds with a MT799 to the seller bank.
9) Seller will provide the Proof of Product Bank to Bank.
10) Buyer will present pre-advised L/C to be approved by SellerBuyer;s Bank.
11) PB will activate the L/C
12) Delivery and shipment commence as per Contract.