To begin the purchase process Buyer needs to issue an ICPO (Irrevocable Corporate Purchase Order) which includes authorization for the Seller to do a bank soft probe. Buyer also needs to provide a BCL (Bank Comfort Letter). Examples of both required documents can be downloaded here:

 ICPO (download)
BCL (download)

After you complete these documents, please first send […]

 
 
SOFT OFFER FOR BRAZILIAN SUGAR ICUMSA 45
 
ON BEHALF OF THE SELLER, WHOM WE REPRESENT, OUR COMPANY RAW POLYMERS LTD. HEREBY STATES THAT SUBJECT TO A PURCHASE AND SALE AGREEMENT BEING FULLY EXECUTED, WE ARE PREPARED TO SELL REFINED CANE SUGAR AS PER THE SPECIFICATIONS AND UNDER THE TERMS AND CONDITIONS STATED HEREIN.
SPECIFICATION:
COMMODITY:                            REFINED CANE SUGAR […]

When trading internationally, there are many acronyms which feature in contracts, reports, orders, and descriptions. This document outlines commonly used terms and acronyms in international training.
AMEX – Amex is one of the three largest stock exchanges in the United States. Founded in 1842, it trades mostly mid size and small companies.
ASWP – An acronym which […]