龙堡国际有丰富海外废钢轨资源，进行进口贸易。

操作程序：

• 1. SELLER / SELLERS MANDATE ISSUES THE ABOVE OFFER LETTER ON HIS LETTER HEAD BASED ON WHICH THE BUYER ISSUES LOI AND BCL. THE LOI WILL BE ON BUYERS LETTER HEAD. THE BCL ON BUYERS BANKERS LETTER HEAD MUST CONFIRM THAT THE BUYER HAS THE FUNDS TO BUY THE WHOLE CONTRACTEDQUANTITY AT THE AGREED PRICE.
• 2. ON ACCEPTANCE OF THE LOI AND BCL, SELLER ISSUES DRAFT CONTRACT TO BUYER FOR HIS APPROVAL.
• 3. UPON APPROVAL OF THE DRAFT CONTRACT BY THE BUYER, SELLER ISSUES FINAL CONTRACT TO BUYER FOR SIGNING, STAMPING AND SEALING.
• 4. BUYER SIGNS, STAMPS AND SEALS CONTRACT AND RETURNS IT TO SELLER FOR HIS SIGNATURE, STAMPING AND SEALING.
• 5. STOCKYARD INSPECTION OF THE MATERIAL IF DESIRED BY THE BUYER AT HIS OWN COST CAN BE ARRANGED ONLY AFTER THE CONTRACT IS SIGNED AND THE BUYER FURNISHES BRL (BANK READINESS LETTER ) BY SWIFT TO THE SELLERS BANK STATING THAT POST INSPECTION THE BUYER WILL OPEN IRREVOCABLE, NON - TRANSFERABLE AUTO REVOLVING L C ISSUED / CONFIRMED , BY A PRIME WORLD BANK ACCEPTABLE TO THE SELLER.
• 6. ON RECEIPT OF BRLA BUSINESS INVITATION WILL BE ISSUED BY THE SELLER.
• 7. IN CASE STOCKYARD INSPECTION IS NOT DESIRED BY THE BUYER, ON RECEIPT OF THE SWIFT AT PARA 5 ABOVE , SELLERS BANKER WILL ARRANGE TO FURNISH 2 % NON OPERATIVE PERFORMANCE GUARANTEE BOND WITHIN 5 WORKING DAYS ALONG WITH THE POP ( PROOF OF PRODUCT ).
• 8. WITHIN 5 WORKING DAYS OF RECEIPT OF THE NON OPERATIVE 2 % PG BOND AND POP, THE BUYER WILL OPEN THE IRREVOCABLE, NON – TRANSFERABLE, AUTO REVOLVING L C ISSUED / CONFIRMED , BY A PRIME WORLD BANK ACCEPTABLE TO THE SELLER.
• 9. THE OPERATIVE LETTER OF CREDIT WILL ACTIVATE THE PG BOND.
• 10. SHIPMENTS BEGIN ACCORDING TO CONTRACT. BUYER WILL BE AT LIBERTY TO INSPECT AND SUPERVISE THE LOADING AT THE PORT.