Alpha Division Securitie

Company Description

NEXT MONTH&＃39;S PRICING (U.S) METAL PRICES ARE GOING UP IN DECEMBER PRODUCT: HMS QUANTITY: UP TO 100,000/MT PER MONTHCIF PRICE: 412/MT ORIGIN: UNITED STATESPAYMENT TERMS REVOLVING & TRANSFERABLE COMMERCIAL L/CSHIPMENT TIMES: 15TH OF EVERY MONTH TO THE END OF THE MONTHPAYMENT DOCUMENTS: COMMERCIAL INVOICE, BILL OF LADING, PACKING LIST BREAK BULK/LOOSE BULK VESSEL (NO CONTAINERS)ADVERTISEMENT STEP 1 BANK PROOF OF FUNDS LETTER FOR TOTAL CIF (COST, INSURANCE,AND FREIGHT) PRICE $41,500,000 WITH BANK HEADER ANDBUSINESS BANKER SIGNATURE. (FAX TO 1- 888-723-7196) STEP 2 BUYER RECEIVES LETTER OF CREDIT DEPARTMENT DISCLOSURE STEP 3 BUYER FAXES LETTER OF CREDIT DEPARTMENT DISCLOSURE (FAX TO 1- 888-723-7196)STEP 4 SELLER SENDS NEXT 15-CALENDAR DAY SHIPMENT PHOTOS STEP 5 BUYER CONTRACT SIGNED FOR NEXT 15-CALENDAR DAY SHIPMENT STEP 6 OPTION (A): ISSUING BANK LETTER OF CREDIT SWIFT MESSAGE TOTHE ADVISING/CONFIRMING BANK STEP 6 OPTION (B): BUYER UNITED STATES VISIT AND INSPECTION OPTION(SIGNED CONTRACT CONTINGENCY CLAUSE)STEP 7 ISSUING BANK TO CONFIRMING BANK LETTER OF CREDITTERMS AGREEMENT SWIFT MESSAGE STEP 8 ADVISING/CONFIRMING BANK TO ISSUING BANK LETTER OF CREDITTERMS AGREEMENT SWIFT MESSAGE STEP 9 COMMENCEMENT OF SHIPMENT ON THE 15TH OF THE NEXT CALENDARMONTH