Capital Funds International is a leading scrap trading company located in Illinois, USA. Currently we are dealing with millberry copper wire scrap of 2000 MT on a regular monthly basis for a period of 60 months contract basis. We are looking for genuine buyers from all over the world.
Our preferred port location will be CIF BUSAN PORT, South Korea or Genoa PORT, Italy, at Buyer option. Procedures that needs to be followed:
i. Buyer/Agent submits L.O.I.
ii. Seller issues FCO; buyer acknowledges sign/seal and return
iii. Buyer/Seller issues draft contract; buyer/seller amends sign/seal and return
iv. Buyer or representative visits stockyard for verification
v. Seller issues non-operative 2% PB
vi. Buyer open payment instrument (L/C) to activate PB
vii. Seller ships millberry copper wire to destination port
viii. Buyer pays after inspection at unloading port
Buyer shall pay the Seller via TT, when the goods arrive at the port of destination on and after the re-inspection by SGS/CCIC/AK or similar, during the maximum period of 3 days starting from the arrival of the ship at the port of destination hired, against the shipping documents.