Mainec Nigeria Limited
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I have sellers that give products through reasonable procidures.1. Seller sends IFCO (Irrevocable Full Corporate Offer)2. Buyer accepts and returns to seller endorsed.3. Buyers Bank sends Pre-BG advice directly to sellers Bank,giving an irrevocable undertaking to issue Revolving and Irrevocable Bank Guarantee upon receipt of 2% performance bond and POP.4. Seller sends POP/ 2% performance bond within 5 days of receipt of Pre-BG advice5. Seller issues NOR.6. Buyer conducts Q & Q 7. Buyer� Bank issues Bank Draft when ship longside.8. Buyer takes delivery
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