Procedure for Buying Copper from Atrillion
Steps to Purchasing*:
- Buyer issues Letter of Intent (LOI) and Bank Comfort Letter (BCL)
- Atrillion Corporation replies with a Full Corporate Offer (FCO)
- Buyer signs and returns FCO.
- Contract is drafted and negotiated between Atrillion and the buyer.
- A final contract is agreed upon and signed by both parties. Copies are exchanged by fax/scanned email attachments and hard copies are also exchanged.
- Buyer's bank issues Proof of Funds (POF) and draft Letter of Credit (LC).
- Atrillion replies with Proof of Product (POF) and approves draft LC.
- Buyer's bank issues Pre-advice LC, to become operative when the 2% Performance Bond (2% PB) is received.
- Atrillion's bank issues 2% PB to activate the LC.
- First shipment commences 30-45 days after receipt of acceptable LC.
Reputable Assayer Inspection
An assayer company is always used to guarantee the copper's quality and specification so that you pay the fairest price for your product. Atrillion only uses established and respected inspection companies that have operations both at the origin (or port of shipment) and port of destination. Atrillion and the buyer will agree on an assayer.
We always undertake inspection of each copper shipment from the origin (or port of shipment) at our expense. Inspection at the port of destination is carried out by the buyer.
Our Contract for Purchase of Copper
The information above is provided for informational purposes only and the buyer should contact us to begin negotiations for an official contract.
*Atrillion Corporation reserves the right to make changes to the above procedure without notice. The buyer should always confirm the actual process when inquiring.
Contact us to start the buying process now...
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