COPPER CATHODES – FULL CORPORATE OFFER

FCO # 28 – JUNE 27. 2020

TO:
MS. NENE BARRY

We at Latin Trade PC S.A. acting as a sales agent with full corporate authority and responsibility on
behalf of our provider(s), hereby state and confirm that we are ready, willing and able to supply
product as illustrated in this Full Corporate Offer under the below respectively terms:

FCO – COPPER CATHODES

Seller’s Name/Company – D.C BANK CORP.

Country of Origin REPUBLIC OF CONGO

Valid for 7 SEVEN consecutive days
Commodity: copper cathodes Sheets (Grade A) Non-LME Registered.
Quality: 99.99%maximum and minimum 99.973% of copper cathodes Size : 914mm X 914mm
X 12 mm approx. and 36"x 36"x0.5 Packaging: in bundles.
Quantity: First shipment 2,000MT there after 5,000MT/10,000MT (Metric Tons) (MT) per
month for X twelve months (12) Months or more.
Country of origin: Democratic Republic of Congo;
Loading Port: Dar es Salaam port Tanzania,Zambia /Durban port/ South Africa;
Destination port: Buyer’s port of destination
Price: per Metric Ton (MT) -14%Gross Discount/below LME CIF. Net discount to Buyer 10%, 2%
to seller side intermediaries (closed) 2% to buyer side intermediaries

PAYMENTS TERMS ON (CIF) TERMS AND CONDITIONS STEP BY STEP ACTION PROCEDURE ARE AS
FOLLOWS:
 To start with, the seller sends to the buyer the Official Seller’s Sales, export shipment,
payment and delivery executive summary letter offer/ FCO.
 Then the Buyer shall first send the buyer’s bank funds confirmation/comfort Letter (BCL) as
per BCL Sample below, as herewith attached before buyer opens an operative letter of
credit (DLC MT 700) to the Seller’s Nominated financier’s bank account. Then after seller’s
nominated bank confirms the opened DLC MT 700,
 That is when; the seller shall export / Ship out the goods to the buyer’s destination
port/Facility:

 The FIRST STEP, SELLER SENDS THE OFFICIAL SALES AND EXPORT CORPORATE
OFFER(FCO/SCO) AFTER BUYER RECEIVES THE FCO/SCO SHALL APPROVE BY FILLING IN THE
 SPA /CONTRACT ALL BUYER’S BUYING DETAILS AND BUYER’S DLC MT 700 ISSUING BANK
FULL DETAILS THAT MUST BE FILLED IN THE
CONTRACT CONTEXT. THEN BUYER SHALL SIGN AND SEAL THE CONTRACT/SPA.
 AT THE BUYER’S SIDE OF THE CONTRACT/SPA, THEN RETURN TO THE SELLER FOR SAME
REACTION. THEN BUYER SHALL ISSUE THE OFFICIAL BANK FUNDS CONFIRMATION
/COMFORT LETTER (BCL) TO THE SELLER,IF NOT
THE BUYER SHALL AFTER SIGNING AND SEALING THE CONTRACT ISSUE DIRECT TO THE
SELLER’S NOMINATED FINANCIER BANK THE DLC MT 700

NOTE THAT (N.B): WE DEMAND FIRST BUYER TO FIRST ISSUE OR SEND TO US (SELLER) THE
BUYER’S BANK FUNDS CONFIRMATION /COMFORT LETTER (BCL) IF NOT POSSIBLE OR BUYER
SHALL ISSUE THE DLC SWIFT MT 700 THAT IS WHEN

THE SELLER SHALL SEND TO THE BUYER THE PROOF OF PRODUCT (POP) WHICH
INCLUDES COPIES OF DOCUMENTS OF OUR COPPER CATHODE SHIPMENT
CARGO AND CARGO VIDEOS/PHOTOS.

1. The SECOND STEP, AFTER BUYER ISSUES/ OPENS THE OPERATIVE NON
TRANSFERRABLE DLC MT 700, THREE DAYS AFTER THE OPERATIVE DLC MT 700
NON TRANSFERRABLE IS OPENED SELLER SHALL GIVE/ISSUE 2% PERFORMANCE
BOND (2%PB) TO THE BUYER.

2. The THIRD STEP, THE SELLER SHALL PAY ALL THE COPPER CATHODE
CARGO SHIPMENT/EXPORT TAXES/EXPORT CHARGES AND FEES etc,TO THE
GOVERNMENT CUSTOMS AUTHORITIES IN ORDER FOR THE SELLER TO GET THE
COPPER CATHODE SHIPMENT CARGO FULL EXPORT DOCUMENTS,THAT IS WHEN
SELLER SHALL SEND SOME APPLICABLE IMPORTANT AND NECESSARY COPIES OF
RELEVANT DOCUMENTS CONCERNING THE COPPER CATHODE EXPORT/SHIPMENT
CARGO TO THE BUYER.
THEREAFTER, SELLER SHALL SHIP/EXPORT THE COPPER CATHODE SHIPMENT
CARGO TO THE BUYER’S DESTINATION PORT/ WAREHOUSE FACILITY
WHEREAS, AFTER DELIVERY AND FINAL INSPECTION REPORT IS COMPLETED
THAT IS WHEN THE BUYER SHALL PAY SELLER BY BANK WIRE TELEGRAPHIC
TRANSFER (T/T) MT 103.

The maximum time to inspect Copper cathode at buyer’s port of destination/facility is Five (5)
working days for the payment remittance of the agreed Copper cathode cargo to the seller should
be accomplished without further delay. This Offer is valid for 14 days from this date of issue.
 APPENDIX 1
PRE-ADVISE VIA SWIFT DLC MT700 AGREED VERBIAGE
Instance Type and Transmission Original
-----------------------------------------------
Priority/ Delivery:
URGENT Message
Header
-------------------------------------------
Swift Input: FIN 700 ISSUE OF DOCUMENTARY
LETTER OF CREDIT
Sender:
Bank Name: ……………..
Swift code:
……………….
RECEIVER:…
Bank NAME:…
Swift code:…….
Message Text:………
-----------------------------------------------
27: Sequence of Total
1/1
40A: Form of Documentary Credit
IRREVOCABLE
20: Documentary Credit Number
XXXXXXXXXXXXXXXXXX
31C:Date of Issue Date:...Mont
h.. Year
2020
40E: Applicable Rules
UCP LATEST
VERSION
31D: Date and Place of Expiry
Date:…..Month...2021
51D: Applicant Bank-BIC
Bank Name:……………….
50: Applicant:……
59: Beneficiary-Address ….
32B: Currency Code, USD,
Amount US DOLLAR (USD)..........................000.
41 D: Available With.. By・ Name & Address
ISSUING BANK BY PAYMENT OR
ANY BANK BY NEGOTIATION
43P: Partial
Shipments
ALLOWED
43T: Transshipment
 ALLOWED
42C: Draft at….
AT SIGHT DRAWN ON...........................................,
…………………………….. 42D: Drawee-UIC
Bank Name:……………….., ………………………………
44C: Latest Date of Shipment:
15 DAYS PRIOR TO EXPIRY
44F: Port of Discharge/ Airport of Destination.
ANY PORT ……...
44E: Port of Loading / Airport of Departure.
ANY PORT IN ……………………
45A: Description of Goods & or Services
AS PER PROFORMA INVOICE NUMBER NO-….. DATED-……, QUANTITY---
PRICE---TOTALS VALUE USD …...
46A: Documents required
1. COMMERCIAL INVOICES, CERTIFYING THAT THE QUALITY,
QUANTITY AND DESCRIPTION OF GOODS SHIPPED ARE STRICTLY IN
ACCORDANCE WITH PROFORMA INVOICE NUMBER XXXXXX DATED XXXX
2. PACKING LIST,CERTIFYING THAT THE QUALITY, QUANTITY AND
DESCRIPTION OF GOODS SHIPPED ARE STRICTLY IN ACCORDANCE WITH
PROFORMA INVOICE NUMBER XXX DATED XXX BENEFICIARY IN 1 ORIGINAL
AND 3 COPIES AS PER INTERNATIONAL STANDARD.
3. FULL SET OF ORIGINAL CLEAN BILL OF LADING MARKET FREIGHT PEPAID TO
THE ORDER OF ISSUING BANK AND NOTIFY APPLICANT
4. CERTIFICATE OF ORIGIN IN DUPLICATE ISSUED BY COMPETENT AUTHROITY.
5. PRE-SHIPEMNT INSPECTION CERTIFICATE TO BE ISSUED BY THE
APPLICANT REPRESENTATIVE CERTIFIED THAT GOODS ARE O.K.
AS
PER ORDER AND AUTHRORIZED REPREENTAIVE PERSON NAME WILL BE
NOMINATED BY THE ISSUING BANK BY SWIFT AMENDMENT; COPY OF SUCH
SHOULD BE ATTACHED WITH THE DOCUMENTS FOR NEGOTIATION.
6. INSURANCE SHOULD BE 110% OF THE GOODS VALUE PAYABLE AT THE
DESTINCTION PORT AND BEARED BY BENEFICARY.
7. ONE SET OF NON-NEGOTIABLE DOCUMENTS TO BE SEND BY THE
BENEFICIARY TO THE APPLICANT WITIN 3 DAYS FROM THE DATE OF
SHIPMENT BY COURIER. ORIGINAL COURIER RECEIPT SHOULD BE
ATTACHED WITH THE DOCUMENTS.
47 A: Additional Conditions
1. THIRD PARTY DOCUEMNTS ARE NOT ACCEPTABLE.
2. DRAWING EXCEEDING THE CREDIT AMOUNT IS NOT ACCEPTABLE.
3. ALL DOCUMENTS MUST BE PRESENT STRICTLY AS PER THE LC TERMS.
4. ALL DOCUMENTS SHOULD BE IN ENGLISH.
5. CHARTER PARTY BILL OF LADING IS ACCEPTABLE TO BE ISSUED BY
INTERNATIONAL RECONIZED SHIPPING AGENCY.
 UNQUOTE
71B: Charges
ADVISING CHARGES ARE FOR A/C OF BENEFICIARY ACCOUNT. ALL BANK
CHARGES OUTSIDE L/C ISSUING BANK ARE FOR BENEFICIARY’S
ACCOUNT.
49: Confirmation
Instructions WITHOUT
48: Period for Presentation
WITHIN 21 DAYS FROM THE DATE OF SHIPMENT BUT WITHIN THE VALIDITY
OF THIS CREDIT.
78: Instruction to Pay/Accept/Negotiating Bank
1. ADVISING CHARGES TO BE COLLECTED UPFRONT FROM BENEFICIARY
BEFORE ADVISING.
2. ONE ADDITIONAL PHOTOCOPY OF ALL DOCUMENTS SHOULD BE
SUBMITTED ALONG WITH THE DOCUMENTS.
3. FULL SET OF ORIGINAL DOCUMENTS SHOULD BE SENT TO US IN ONE LOT
BY COURIER SERVICE AT………..
4. WE HEREBY ENGAGE WITH THE DRAWERS, ENDORSERS AND
BONAFIDE HOLDER OF THE DRAFTS DRAWN UNDER AND IN STRICT
COMPLIANCE WITH THE TERMS OF CREDIT THAT SUCH DRAFTS WILL BE
DULY HONOURED AND THE AMOUNT WILL BE REMITTED TO THE
NEGOTIATING BANK AS PER THEIR INSTRUCTION.
57 A: Advice through Bank-Name & Address
72: SENDER TO RECEIVER INFORMATION
ADVISING BANK DETAILS: ………….., BANK..................BANK
ADDRESS……. SWIFT: ……..
XXXEND OF THE TEXT DLC MT 700 VERBIAGE TEXT
ADVICE XXXXX

2% PERFORMANCE BOND GUARANTEE VERBIAGE FOR DLC MT700

SWIFT TWO PERCENT (2%) PERFORMANCE BOND GUARANTEE TEXT

SPECIMEN OF THE PERFORMANCE BOND
DOCUMENT NO:
REFERRED SBLC NO.: ISSUING BANK:

RECEIVING BANK:
AMOUNT: $XXX US DOLLARS (2% OF REFERENCED DLC)
(IN WORDS )
APPLICANT:
BENEFICIARY:
ACCOUNT NO.: PLACE
OF ISSUE:
DATE OF ISSUE: AS PER TH
MATURITY
DATE: EXPIRE
DATE:
FOR VALUE RECEIVED BY US, THE UNDERSIGNED
 (NAME OF ISSUING BANK) HEREBY
IRREVOCABLY AND UNCONDITIONALLY, WITHOUT PROTEST OR
NOTIFICATION, PROMISE TO PAY AGAINST THIS PERFORMANCE BOND TO THE
ORDER OF COPPERCAST LIMITED THE SUM OF USDXXXXX (XXXX UNITED STATES
DOLLARS) EQUAL TO 2% OF THE DOCUMENTARY LETTER OF CREDIT
PROVIDED BY THE BENEFICIARY, IN THE LAWFUL CURRENCY OF THE
UNITED STATES OF AMERICA US DOLLARS, ON MATURITY DATE UPON FIRST
WRITTEN DEMAND BY THE BENEFICIARY ACCOMPANIED BY THE SIGNED
DECLARATION STATING THAT THE SELLER HAS FAILED TO FULFIL HIS
OBLIGATION IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THE
REFERENCED CONTRACT. THE DECLARATION MUST INCLUDE CLEAR
SPECIFICATION OF THE DEFAULTS.

THE FULL AMOUNT IS DUE IF THE SELLER FAILS TO DELIVER THE SHIPMENT OF
THE AGREED VOLUME SPECIFIED IN THE REFERENCED CONTRACT WITHIN 365
DAYS AND ONE DAY AFTER ISSUING THE DOCUMENTARY LETTER OF CREDIT.
THIS PERFORMANCE BOND SHALL BE GOVERNED BY AND BE CONSTRUED IN
ACCORDANCE WITH THE LAWS OF

THIS PERFORMANCE BOND IS MADE OUT IN REFERENCE TO TRANSACTION

REFERENCE NUMBER: , BETWEEN THE BENEFICIARY
AND THE APPLICANT AND STANDBY LETTER OF CREDIT NO.
XXXXXX

THIS PERFORMANCE BOND SHALL RENDER BUYER DLC XXXXXX ACTIVE

FOR AND BEHALF OF