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Posted on Aug 12, 2006 at 16:51
CPO, LOI, BCL?
what is the meaning of CPO,LOI, BCL and SWIFT103/MT799?
please tell me
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Posted on Aug 13, 2006 at 01:18
Re: cpo , loi , bcl
The Best Answer
G'day Guraldas. 
 
LOI = Letter of Intention.
 
BCL = Bank Comfort Letter.
 
CPO usually means a Conditional Purchase Order where the buyer makes an offer conditional on the seller's acceptance of the buyer's terms and conditions. This sort of document is quite common in all sorts of commercial fields and is similar to a Contract Purchase Order.
 
Never be embarrassed to request the other party to specify exactly what they mean when they give you abbreviated terms. 
 
Better safe than sorry because the other party might come up with an exotic meaning not in your favour after you pay money. [em1]
[em1]

May the Gods of Trade ... Shangdi, un dieu, dio, Gott, Dios, Deus, Allah, alaha ... smile on us
Posted on Aug 25, 2006 at 07:31
Re: CPO, LOI, BCL?
Replying to [guraldas]:

Dear Gurldas


In fact it is not CPO. It is ICPO means IRREVOCABLE CORPORTE PURCHASE ORDER

LOI means LETTER OF INTENT

BCL means BANK CONFIRM LETTER OR BANK CAPABILITY LETTER.

Best Regards

Muhammad Aslam Memon

ID int786


The Art of negotiation is to compromise, by showing people how to get they want, while getting you
Posted on Apr 03, 2007 at 17:56
Re: CPO, LOI, BCL?
Replying to [guraldas]:[em1]

Posted on Jul 24, 2008 at 23:33
Re: CPO, LOI, BCL?
Quoting from [guraldas]:


what is the meaning of CPO,LOI, BCL and SWIFT103/MT799?

please tell me


Posted on Aug 05, 2008 at 17:40
Re: CPO, LOI, BCL?
Quoting from [guraldas]:


what is the meaning of CPO,LOI, BCL and SWIFT103/MT799?

please tell me


NICE!!!!!!

Posted on Sep 03, 2008 at 01:35
Re: CPO, LOI, BCL?
Quoting from [guraldas]:


what is the meaning of CPO,LOI, BCL and SWIFT103/MT799?

please tell me


Posted on Sep 04, 2008 at 02:20
Re: CPO, LOI, BCL?
Quoting from [guraldas]:


what is the meaning of CPO,LOI, BCL and SWIFT103/MT799?

please tell me

CPO = Corporate Purchase Order  / Contract Purchase Order

LOI = Letter of Intent

BCL = Bank' Credit Limit

SWIFT103/MT799 = Societe of Worldwide Interchange Financial Transaction

103 = Swift message type for payment

MT799 = Swift message type for Documentary Collection Free Format

 


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