Used Rails

4. The Seller issues a draft contract to the Buyer... 

3. The Buyer signs and returns FCO, notating the type of LC and the issuing and confirming bank

2. The Seller issues a Full Corporate Offer (FCO) to the Buyer.

with soft probe authorization or BCL from a top 25 bank.

1. The Buyer issues an Irrevocable Corporate Purchase Order (ICPO) or an Irrevocable Letter Of Intent (LOI)

Procedures:

(Specialized cutting is $5 per MT for rail)

- 12 X 60,000 MTW Used Rails CIF ASWP:  $275    

- 12 X 30,000 MTW Used Rails CIF ASWP:  $280

Price Used Rails:                                        CIF    

Upon LOI & BCL or Soft Probe Authorization we can produce an FCO immediately after verification of funds.

Stand-By Letter of Credit in the value of 2 shipments, confirmed by current ranking top 25 Western/European Bank as guarantee with payment for each shipment to be effected by TT wire.

- OR -

Operative Irrevocable Transferable Auto Revolving Letter of Credit payable at sight, confirmed by current ranking top 25 Western/European Bank

Payment terms:

USED RAILS - U.S. based supplier