LETTER OF INTENT FORM

Below are the LOI formats that we accept. Please follow the formats to prepare LOI for the product you want to purchase. We do not accept LOI that is more than 4 days old. Also, LOI must be legible and clear. We do not accept LOI that is not clear and hard to read.

LOI (LETTER OF INTENT) FORMAT
SHOULD BE ON THE BUYER’S LETTER HEAD

………………………………………………………………………………………………………………..

Dated: __________________________

To : ____________________________

Dear Sirs:

We------(BUYER’S NAME OR COMPANY)--------hereby declare that we are ready, willing and able under the act of perjury to purchase the following commodity as specified below and certify that we have available full funding for the purchase:

NAME OF THE PRODUCT :
SPECIFICATIONS OF THE SUBJECT PRODUCT:-
Quantity:
Quantity per shipment per month:
Quantity the Letter of Credit will be issued for:
Specific Port of Delivery:
Contract duration:
Packing:
Discharge rate per day at port of delivery:
Price:

Payment Terms:

By irrevocable letter of credit opened through first class bank within 03 working days after Contract date. Payment to be effectived within 4 banking days after receipt of text telex from negotiating Bank confirming the following shipping documents are srtict conformity with L/C terms and conditions.

- Commercial Invoice

-Full set of clean on board ocean B/L.

- Certificate of Origin

- Certificate of quality, quantity and packing issued by SGS Vietnam.

- Certificate of Fumigation

- Certificate phystosanitary .

- Shipment advice

Performance Bond: 2% from seller.

BUYER’S BANK COORDINATES:

Full Name of the Bank :
Full Address of the Bank:
Bank Telephone No:
Bank Fax No:
Bank Account No :
Account name:
Bank SWIFT/Sort Code No:

We understand that any and all offer's and/or contracts are subject to Seller's successful soft probe of buyer's bank account. We being of legal authority, grant the right and permission to Seller to conduct soft probe of our bank account.

BUYER'S FULL NAME :_________________________ COMPANY SEAL___________

COMPANY:____________________________________

POSITION:_____________________________________

_______________________________________________
Signature: