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Our Russian Affiliate Seller offers you HMS1 & HMS1&2 as per the following procedure:
1. Buyer sends ICPO with banking details incorporated, and permission to soft probe.
2. Buyer sends BCL, on bank letter-head and stamped by the Bank itself.
3. After checking and confirmation of the ICPO & BCL, seller sends the FCO with bank coordinates and Draft contract for Buyer's approval.
4. Buyer signs Draft contract and sends back in 48 hours maximal time.
5. Seller releases final contract for signing by both parties.
6. Buyer opens non operative LC.
7. Seller issues Performance Bond guarantee for 2% of the value of the LC.
8. Buyer's LC becomes operative and confirm by Bank.