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Terminology
Post 1 of 2

Dear  Friends

Please assist me to understand the terms used by people dealing with cement the words are as follows:

CIF

ASWP

LOI

BCL

I would really appreciate your help in this matter

Award 10 MVPs ( What's this? )for the best answer.
24 Jun 2008 03:28
Post 2 of 2
Quoting from [ladyM]:

CIF:  Cost Insurance Freight - the total expenses to reach your port

ASWP: Any Safe world port - average pricing for all ports

LOI: Letter of Intent  - buyers buying confirmation letter

BCL: Bank Capacity/Comfort Letter- buyer's proof of financial capacity

I hope, this clears all your doubts.


24 Jun 2008 05:36
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