Dear parthner - friends Our Standard procedures is that we only give a quote after we receive a LOI issued by final Buyer in his paper letterhead, signed and sealed. This document will give us a idea Buyer is not shopping around and is committed to place an order if terms are prices are acceptable. The second step, after Buyer accepts terms and prices, we require a letter from his Bank stating they are ready to issue a payment instrument with its wording. This avoid us wasting time waiting to Buyer only than require a credit to his Bank to pay for his purchase. We have wasted too much time and efforts and at the end Buyer did not have his credit approved and consequently could not place the order. In our point of view when Buyer makes an inquiry he have already got credit or own sources to finance his purchase, not do that only after we already spent time and effort to negotiate with him, and mostly because our offers have validity of only 5 days. Αttached NCNDA..
