We required used rail r50-r65 isri 27-29 monthly target 30,000mt. Our target price is 188us$ CIF mumbai/mudra port India, if that is possible we will send you our LOI & bcl for your regarding. Inspection by sgs at loading port. A) irrevocable and confirmed lc at sight for full invoice value to be effected from Alternatively the buyer in India may issue a usance lc with the clear understanding that docIndia.uments in the 60 days usance lc will be discounted on sight basis for the supplier with no interest cost to the supplier. This means interest charges will be on buyers account and supplier will be able to draw payment on sight basis as if were a sight lc. Credit therefore is meant for the buyer. Such lc would also be confirmed by a prime bank in Singapore. Confirmation charges would be on buyers account. C) b/L will also be consigned to the lc issuing bank and not to the party directly. If you can supply, pls send us your full offer details. Thanks!
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