LETTER OF INTENT (LOI) TO PURCHASE
To be prepared on Principle Buyer�s (the buyer who will open the Letter of Credit) Company�s Official Letterhead.
TO: ______________________________________
Dear Sir,
We, the undersigned, _______(Company Name)____________ at _ ____________Company�s Address)______________, are acting as Buyer and confirm with full legal and corporate responsibility under penalty of perjury, that we are ready, willing and financially capable to purchase the below mentioned product(s) under the following terms and conditions:
Product: _____________________________________________
Quantity in Metric Tons: __________________________________
Shipment size(s): _______________________________________
Delivery Schedule: ______________________________________
Preferred Country of Origin: _______________________________
Preferred Packing: ______________________________________
Final Destination(s): _____________________________________
Discharge Rate Per Day: __________________________________
Target Prices: _________________________________________
Price mode: _________(CFR / CIF / FOB)___________
Payment Terms: _____________________________________
Payment Instrument: FULLY FUNDED, IRREVOCABLE, TRANSFERABLE L/C
100% at SIGHT.
SPECIFY �TRANSFERABLE� or �NON-TRANSFERABLE�
Inspection: SGS or Equivalent____________________
Performance Bond Guarantee: International Standard: 2% (Two per cent)
Complete Product Specifications: _____________________________________
Special Requirements: _____________________________________
BUYER�S INFORMATION
Company Name: ______________________________________
Contact Person: ______________________________________
Title: ______________________________________________
Company Address: ____________________________________
Company Tel: _______________________________________
Company Fax: _______________________________________
Buyer�s Bank Details (Issuing Letter of Credit):
Name: ____________________________________________
Full Address: _______________________________________
Account Name: _____________________________________
Account Number: ____________________________________
Bank Telephone #: ___________________________________
Bank Officer�s Name/Title: ____________________________
Bank Officer�s Direct Tel: _____________________________
Bank Officer�s Direct Fax: ____________________________
SWIFT CODE: _____________________________________