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JIMA AND SON TRADING LIMITED

Monrovia Liberia.

Seller Transaction Code: KS39/036/CU


Date Issued: June 7, 2022
From:
To:

FULL CORPORATE OFFER


With authorized signature, hereby confirm with full corporate authority and legal responsibility,
under the penalty of perjury, that we’re ready willing and able to sell Copper wire Millberry scrap
as described below, and we further attest that the ingot is clear, clean, of non-criminal origin.

COMMODITY : Copper wire Millberry Scraps


ORIGIN : Liberia
ORDER QUANTITY : 36,000 MT (3,000MT Monthly X 12).
MONTHLY ORDER : 3,000MT
PRICE : $6,000USD Per MT CIF
LOADING PORT : Free Port of Monrovia, Liberia
DESTINATION PORT PACKING : CIF NINGBO Port,China
INSPECTION : In 20 ft Container(s) / Bulk Loading
: By MT, Intertek or Bureau VERITAS
COMMISSION (BIVAC, Liberia)
: Seller pays commission to both side
mandate/facilitator as per approved
NCNDA/IMFPA.
TERMS OF PAYMENT
: SBLC 100%
PERFORMANCE BOND : 2%
JIMA AND SON TRADING LIMITED
Monrovia Liberia.

SPECIFICATION:
Copper Scrap Millberry
As per ISRI 99.97% Min purity
Commodity: Copper Scrap.
Description: Pressed baled Copper Scrap with 99.97% purity.
Chemical composition:
Copper: 99.97% (Min.)
Lead: 0.005% (Max.)
Bismuth: 0.001% (Max.)
Total impurities: 0.03% (Max.)

Delivery Terms:
The inspection certificate from the inspection company should be given at the final
destination port of quality and quantity/weight of the copper mill berry.
100 % SBLC Procedure:
I. After the Buyer accepts FCO (Full Corporate Offer) the buyer to issue an LOI, (Letter
of Intent) and The Seller & Buyer to sign the Sales & Purchase Agreement/Contract (“SPA”)
exchange four (4) Originals, 2 (Two) sets for Seller and 2 (two) sets for Buyer.
II. Although this is an off-market transaction if required the Buyer and Seller may
elect to lodge their respective SPA with their own Bank.
III. The Buyers Bank to Provide a RWA Letter containing the verbiage of the SBLC - Ready
Willing & Able Letter - address to the Buyer and the Buyer will provide a copy of the
RWA Letter to the Seller. The Seller’s or a nominated Bank Officer may contact the
Buyer’s Bank Officer to verify the RWA Letter or to directly issue a Pre-Advice -MT799
IV. The Buyers Bank would then issue a SWIFT MT799 Pre-Advice to send a SBLC to Seller’s
nominated Bank. The Seller’s nominated bank will respond to the Buyer’s Bank via SWIFT
MT799 and or email that they are ready to receive the SBLC/MT 760.
V. Upon receipt and process of the MT760 SBLC by the Sellers Bank, the Seller will arrange
for the first shipment to be prepared and delivered to the Buyers designated port within
7/14
Banking Days. The Buyer must organize custom clearance as a consignee. Buyer to organize
transportation from Destination port of Buyer’s destination port of discharged on Buyer’s
account and costs.
VI. Maximum inspection period will be within 3/4 Banking days after Shipment arrives to the
Buyer’s destination port at Buyers costs.
VII. The Seller shall advise the Buyer to inspect and verify all the documentation as
listed above, clause 2, and numbers 1 to 7.
VIII. After completion of inspection and verification of associated documentation and export
certification, the Buyer will formally accept the Product.
JIMA AND SON TRADING LIMITED
Monrovia Liberia.
IX. The Seller will release to the Buyer all the associated Buyers Certification and Ownership
documentation (as listed in clause #2 above, numbers 1 -7) for Product successfully
exported.

X. The Buyer will then instruct their Bank to release full payment to the Seller for
each shipment. # Ownership of the product belongs to the seller until fully paid for by the
Buyer. Payment to be released same day of issuance of Buyer’s inspection Report but no
later than 3 banking days after product has been received at Buyer’s desalination port.
XI. Second Tranche of product to be repeated as above

PROCEDURES PROPOSAL FOR FCO AND SPOT VISITATION:


1.. Seller issues FCO and Draft Contract. If agreed Seller issues and sends Final Contract, via
Email or WhatsApp;
2. Buyer returns final of the Contract, Signed and Sealed, to the Seller through
email. Or WhatsApp.
3.Seller apply for airport visa if buyer’s want to visit, if the buyer is coming from a country where
there is no Liberian embassy. The buyer will then need to get an Airport Visa from the
immigration bureau of Liberia here in Monrovia directly. In such case, the buyer will be
responsible for his visa application and processing fees.
4. Buyer or Mandate will visit if so desired by the buyer at loading and after conformation
of the supplies and in time loading.

END DIRECT SELLER:

CEO / OWN ER
END SELLER

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