HMS# 1, 2

These are some of the rules they have outline as you can see everyone is safely covered in this procedure. Buyer issues LOI and BCL1. Seller issues FCO and the permission to conduct a soft probe on the seller's bank account. 2. Buyer accepts the FCO3. Seller issues draft contract4. Buyer reviews the draft contract and returns to seller for approval5. Buyer signs final contract6. Seller signs final contract7. Buyer provides POF (Proof of Fund) through bank8. Seller provides POP (Proof of Product) through bank (As you can see the seller will provide POP before any opening of LC) 9. Buyer issues non operative LC10. Inspection by buyer's representatives11. Seller issues 2% operative performance bond12. Non operative LC becomes operative13. Shipment commences. Buyer's representative may be present at the time of loading also.