1. Buyer issues ICPO alongside with a letter of acceptance including a copy of company license and a scanned passport copy of the buyer. 2. Seller issues draft contract open for amendments. 3. Buyer countersigns and Returns the draft contract via E-Mail to Seller. 4. Seller registers and legalized the full Draft Contract to the Russian ministry and address a copy of register and legalized Draft Contract to the Buyer company. 5. Buyers Bank will requests by Swift MT799 the Full confirmation & availability of POP Documents lodged with the Seller Bank. 6. Then Seller Bank will responds to the Buyer’s Bank by Swift MT799 confirming the availability and the Possession of FULL POP Documents. 7. Buyer’s bank shall then swift SBLC or MT103/23 or BG or MT760 to Seller’s Bank and upon confirmation of the above mentioned instrument as PROOF OF FUND (POF). 8.Seller will issues to Buyer’s bank the proof of Product (POP) Plus 2% Performance Bond via swift bank to bank upon acceptance of buyer
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