What is the first step in the purchase procedure?

The initial step is for the buyer to sign a Non-Circumvention, Non-Disclosure, and Working Agreement (NCNDA) with QALCA CORPORATION FZCO.

How does the buyer express their intent to purchase?

The buyer needs to send an official Letter of Intent (LOI), on company letterhead, to QALCA.

What can the buyer expect after sending the LOI?

The we will respond to the LOI by providing an official Full Corporate Offer (FCO).

What is the next step after receiving the FCO?

Upon receiving the FCO, the Buyer is expected to review the draft Sale and Purchase Agreement (SPA) and communicate any proposed amendments.

How does the buyer initiate the payment process?

Following confirmation of SPA terms, the Buyer shall prepare a draft Letter of Credit (LC) for the Seller’s review and approval. The LC must be structured as Irrevocable, Transferable, Revolving, and Payable at Sight, issued via SWIFT MT700, and drawn on a top-tier international bank ranked within the global Top 50. Final LC issuance shall proceed only after mutual agreement on its terms.

When should the buyer's bank activate the LC?

The buyer's bank should activate the LC within 14 days of the issuance of the Commercial Invoice and release the Letter of Credit (LC) to the bank or financial institution for issuance.

What are your minimums?

The MOQ available for the total contract will be 5,000 MT. As well, the minimum for delivery will be 1,000 MT per month.