Community > Forums > Other Industries > ICPO on foreign trade contracts What does that mean? (N...
Post a topic Post a survey Forum Guidelines

ICPO on foreign trade contracts What does that mean? (Not the international police that) 0 replies,1936 views

#1
ICPO: IrrevocableCorporatePurchaseOrder (irrevocable purchase order) Email message: Foreign words are often used in LOI: LetterofIntention (issued by the buyer purchases a letter of intent) BCL: BankCapacityLetter (bank issued by the buyer proof of funds) or written BankConformLetter, a meaning. FCO: FullCorporateOffer (the seller of intent issued by the responsible contract), informal contracts, generally in the contract: ThisisnottobecirculatedandisonlyforthepurposeofthistransactiononlyPOF: ProofofFunds (proof of funds issued by the buyer), letters of credit that he has been out of funds guarantee. The BCL can only show the company's credit. POP: ProofofProduct (product certificate), issued by the lawyers, appointed by the escrow conditions of contract to pay back, the buyer bank service. PB: PerformanceBond (performance bond), The key provisions of the LOI, only paid the PB, the buyer out of the credit to be effective. irrevocable letter of credit is generally confirmed the sight.
Share to:



Forum Guidelines

For general Alibaba.com customer inquires, please contact Alibaba Service Center.
To lodge a dispute/complaint, please visit our Complaints Center.
For general AliExpress customer inquiries, please contact AliExpress Customer Support.
If any posts corresponding to the categories above are located in the Forums, they will be deleted without prior notice.
Subject:
Message: