Used Rails R50-R65

8. Should any amendments to instruments be requested once the same had been issued, the party requesting the change will be responsible for the payment of the related costs, unless changes are needed to construct the instruments in compliance with the contract, then the costs shall be borne by the faulting party.

7. All banking charges including confirmation from Buyer's bank shall be borne by Buyer and all banking charges incurred by the Seller at Seller's bank shall be borne by the Seller.

6. Buyer's bank issues operative BG, which causes Buyer's payment instrument to become operative.

Procedure:
1. Upon acceptance of Soft Offer Buyer issues ICPO/ LOI with full company and banking information on corporate letterhead along with authorization to conduct soft probe confirming that Buyer is able to perform transaction for purchase as per buyer's LOI (Ref No).
2. Upon acceptance of Buyer's LOI and BCL, Seller issues FCO to Buyer.
3. Buyer signs FCO and returns it with full ICPO + BCL to Seller.
4. Seller issues draft contract with firm terms and conditions to the Buyer.
5. Buyer signs the contract and the parties lodge it with their respective banks.