BySel Group Procedures & Policies

Commodities Policy (effective December 1, 1999)

To Whom it May Concern:

We receive dozens of requests for quotations for our commodities daily. Unfortunately, most of them are in reality false inquiries only, not from real buyers. This negatively impacts legitimate buyers who may not get the attention that they deserve. Therefore, we have adopted the following policy in order to save unnecessary time, paperwork, and headaches. This policy allows us to maintain our credibility with major producers.

In order to identify legitimate buyers and their representatives, before we submit quotations or pro formas, we require fully completed letters of intent (LOI) on the buyer's letterhead with complete banking information (bank verfication letters preferred). This policy is not alterable, and it benefits both parties who are sincerely interested in closing a deal.

We will sign noncircumvention/nondisclosure agreements and fee protection agreements, etc., as necessary. We will pay commission fees to one broker only.

Once a LOI is received an verified, we will issue a pro form offer within 72 hours. We can also arrange a conference call with all necessary parties.

Thank you for your cooperation and we look forward to receiving your business.

Sincerely,

BySel Group (USA)


Online source for international trade Home About Us Our Philosophy Contact Info Why Choose Us Other Services Affiliates Center Product Forum Offers to Buy Offers to Sell Procedures & Policies Direct inquires to Marketing Directors: Ed Rosario (Americas, Oceans, Asia) Melvyn J. D'Souza (Europe, Africa)		BySel Group Procedures & Policies Interested Buyers Interested Sellers Commodities Policy Interested Buyers Buyer submits a Letter of Intent (LOI), including banking information, on his letterhead and returns it to BySel Group (USA) via fax (415) 392-7191 or mail 4429 Cabrillo Street, San Francisco, California USA 94121. BySel Group informs seller of offer. Seller returns pro forma offer signed and sealed along with a signed and sealed fee protection agreement (if necessary), and noncircumvention/nondisclosure agreement (NC/NDA). Buyers signs pro forma offer, agrees to the terms and conditions ICPO, obtains bank endorsement, and sends both documents back to the seller. Seller issues contract, buyer signs contract, and returns contract within five international banking days. Buyer offers the requested financial instruments (standby L/C, revolving, irrevocable, transferable, divisible) with full price guarantee for the entire contract. All L/C's must be confirmed by a top world bank. Seller responds with performance bond, instruments are activated, and delivery follows as per contract. Back to Top Interested Sellers Seller completes a noncircumvention/nondisclosure agreement (NC/NDA) and submits it to BySel Group (USA) by fax (415) 392-7191 or mail 4429 Cabrillo Street, San Francisco, California USA 94121. A sample NC/NDA is available (Microsoft Word format) or you may use your own. BySel Group signs the NC/NDA and faxes or mails it back to the seller. Seller submits information on their product or technology, including export prices, to BySel Group. BySel Group will inform the seller if samples or additional documentation is needed. BySel's new product committee will notify the seller after they determine the viability of the product for the overseas markets. Back to Top Commodities Policy (effective December 1, 1999) To Whom it May Concern: We receive dozens of requests for quotations for our commodities daily. Unfortunately, most of them are in reality false inquiries only, not from real buyers. This negatively impacts legitimate buyers who may not get the attention that they deserve. Therefore, we have adopted the following policy in order to save unnecessary time, paperwork, and headaches. This policy allows us to maintain our credibility with major producers. In order to identify legitimate buyers and their representatives, before we submit quotations or pro formas, we require fully completed letters of intent (LOI) on the buyer's letterhead with complete banking information (bank verfication letters preferred). This policy is not alterable, and it benefits both parties who are sincerely interested in closing a deal. We will sign noncircumvention/nondisclosure agreements and fee protection agreements, etc., as necessary. We will pay commission fees to one broker only. Once a LOI is received an verified, we will issue a pro form offer within 72 hours. We can also arrange a conference call with all necessary parties. Thank you for your cooperation and we look forward to receiving your business. Sincerely, BySel Group (USA) Back to Top






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