Guidelines for Documents
Guidelines To Note When Preparing Documents
LETTER OF INTENT (LOI)
1. Freshly dated (not older than 3 working days)
2. The format must be PDF File
3. The letter head is genuine, check for any signs of cut and paste or scan and edit. In the letterhead we need the complete company name, address, phone number, fax number and email address
4. The LOI must be addressed to “The End Seller through Vbannacorp”
5. We need the quantity, duration, destination port, price idea, specification and origin, and banking details
6. The documents must be signed and stamped.
IRREVOCABLE CORPORATE PURCHASE ORDER (ICPO)
1. Freshly dated (not older than 3 working days)
2. The format must be PDF File
3. The letter head is genuine, check for any signs of cut and paste or scan and edit. In the letterhead we need complete company name, address, phone number, fax number and email address
4. The informations must be detailed and we need a specification
5. The ICPO may be addressed to ‘The End Seller through “Vbannacorp”’
6. Bankers information must be the same as the to the company ordering and as stated in the letter head, if different, then it must be accompanied by a letter of the owners of the bank account attached to the ICPO staiting their authorization of the purchase
7. The documents must be signed and sealed
DO NOT.....
Don’t ask for a “past performance” as it says nothing about the seller’s ability to supply tomorrow.
Don’t ask for pricing without a buyer’s LOI……
Don’t ask for a FCO without having a positive response to your buyer’s LOI.
Don’t believe that the sending of a LOI automatically causes the sending of a FCO or draft contract.
Don’t think we had no other person besides you to talk to ….. (your inquiry is important for us, but it is NOT the only we are busy with….)
Don’t think that deals about several millions of USD are closed within minutes, hours or a day ……
Don’t start an inquiry by telling what commission you have to get …. (no contract closed – no commission – no discussion)….
Let’s work together on your next project. 🎈
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