1. Party A signs Agreement in conjunction with Party B. Party A shall submit the copy of Proof of Product (POP) or (Packing list) to Party B. Also, Party B shall submit Proof of Fund.
2. After signing agreement, Party B shall confirm Party B warehouses or designed delivery location to Party A before first trance delivery of one IQD pallet.
3. After Party A and Party B set up delivery schedule. Party A shall delivery one pallet IQD to Party B warehouses or designed delivery location. Party B IQD checker shall physically authenticate, inspect and count the IQD.
4. Upon agreed the IQD verification Report, Party B shall instruct Party B’s Bank Officer to transfer the payment of exchange price to Party A and its affiliates in Thailand for the first tranches.
[Note : Party B should prepare immunity and redemption letters with payment in order to secure Party A and its affiliates from illegal transactions as protection paper.]
5. After first tranche delivery, Party B shall instruct Party A to deliver the second deliver with the same verification process. Each subsequent tranche will be paid to Party A and its affiliate accounts in Hong Kong simultaneously.
6. The procedure for further deliveries shall be the same as mentioned above, size and frequency of lifts is to follow the agreed schedule of both side until transaction is completed.