HMS 1/2 ISRI CODE 200-206

7. Shipment  take effect   as scheduled.

    Operative L/C  and an Invitation  Letter for yard Visitation from Seller  Bank.

the Seller bank will  issue  POP and  the  2% Performance  Bond ( PB ) to  activate the Non-

6. The Sellers bank  Confirm toBuyers Bank, that all his documents have been Approved  and

    Buyer  sends to Sellers Bank  L/C.

5. After  Approval  from Seller  Bank  Contract Finalization, Signing  and  Exchange.

Seller bank for Approval .

Information Summery and Summery of Business  information and Submits  Draft  of L/C  to  

4. The Buyer  Bank  send to  Seller  Bank Via  SWIFT MT-799 for Proof  of Funds , Client

     to  be Approved  by  Seller.

3. The Buyer  send  back the  Draft  Contract Approved  and  Signed  OR  with  Amendment  

     for review and  sign it.

2. The Seller issues FCO with  their  Banking coordinates  and  the Draft Contract  to Buyer 

1. The Buyer issues ICPO/LOI  with  full Banking  Coordinates  Permitting  Soft  Probe.

PROCEDURES