LOI

Should be submitted on buyer’s Letterhead
Letter of Intent – (Also known as LOI)

Dated:

To

Mr. Villegas

Dear Sir,

We………………………………………………………………………………………………………………..

Of………………………………………………………………………………………………………………….

hereby declare that we are ready, willing and able under the act of perjury to purchase the following commodity as specified below and certify that we have available full funding for the purchase:

name OF THE PRODUCT :
SPECIFICATIONS OF THE SUBJECT PRODUCT:-

Specification No……………………………………………..
Quantity……………………………………………………….		Metric Tonnes.
Destination Port……………………………………………..		Country:………………………………………………..
Destination Country…………………………………………		Terms of Delivery:……………………………………
Rate/Size of Shipment……………………………………..		Packing:……………………………………………….

Rate of Discharge at Destination: Tonnes per Day:………………………………………………………….

Terms of Payment: DLC, RLC, FFDLC, FFRLC, SLC, BG, Unconditional SLC/BG,

Performance Bond from the seller (2%)

Full name of the Bank ………………………………………………………………………………..
Full Address of the Bank …………………………………………………………………………….
Bank Telephone No……………………………………………………………………………………
Bank Account No………………………………………………………………………………………
Bank SWIFT/Sort Code No………………………………………………………………………….

We give you our permission to seek usual Bank reference.

Full name of the Company:………………………………………………………………………….

Full name of signatory…………………………………………………………………………………

Position of signatory (This must be CEO of the Company)

………………………………………………..

Yours truly

 

Dated…………………………………………

Signed……………………………………….

Signed for and on behalf of

Company rubber stamp