1. B uyer send LOI together with a Bank Confirmation Letter (BCL) or ICPO addressed to Seller with BCL banking details addressed to Seller, on buyer’s official company letterhead with letter of acknowledgment, scanned copies of the buyer’s company registration and international passport of the authorized representative sign company stamp plus the BCL. 2. Seller Issues FCO once the Seller receives the LOI together with BCL. 3. Buyer signs and stamps the FCO plus buyer ICPO and returns to seller and Seller will issues Draft Contract / Draft Sales & Purchase Agreement (SPA Open for amendments), Seller shall issue the Sales and Purchase agreement (SPA) to the buyer. 4. Buyer signs, stamps, and returns the SPA. 5. Seller will registers and legalize the contract officially with the appropriate authority BRAZIL MILL to facilitate the booking of allocation and securing a legitimate approval for the transfer of ownership title/all
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