WTC have developed a LOI & ICPO form together with their contractors and only this form is able to close a successful deal together.

We receive dozens of LOI & ICPO daily and 95% are discarded within

30 seconds. We receive fake LOI’s & ICPO every day and we won’t waste time on it.

Please download our LOI or ICPO, fill it out properly and conscientiously and send it to us.

Please Note: Only this LOI or ICPO is valid for us, all other LOI & ICPO will be rejected by us.

LOI  & ICPO - which inform us for purchase of goods.  

Buyer provides on official letterhead with company details, stamp and signature,  those that do not meet these requirements are considered invalid and will be rejected and ignored.

Only issue a LOI & ICPO if your company is ready to buy 

After receiving our SCO or FCO, give feedback stating whether or not to proceed with the negotiation. 

Buyers who disappear upon receipt of the FCO will be blacklisted and all other LOI & ICPO sent by them will be automatically discarded.

Advice To

Mandate, Agents, Consultants, Facilitator, Broker and Intermediary

1. Please read and understand our procedures before doing anything further.

2. The customer is advised to send the CIS (CUSTOMER INFORMATION SHEET)  to us in advance. Fill out the CIS form and send it to us before preparing other required documents.

3. The customer must be ready, willing and able (RWA) to submit the ICPO, the customer's scanned passport, the company profile and the Proof of Fund (POF) or Bank Comfort Letter (BCL) to be sent to us.

4. when it is time to provide a payment guarantee such as LC, SBLC or BG, customers are advised, to contact their bank and submit our Verbiage Draft to their Bank. Explain to the bank officer/manager that he/she must 100% of our verbiage to follow, do not change the format or language. Make sure that the Bank employee / Bank employee/manager must have the necessary knowledge and experience in dealing with LC, SBLC or BG.



5. Customers are advised that in case of any disability or inability to proceed with the transaction, they must be informed about the transaction. or inability to proceed with the transaction, the customer is required and encouraged to notify us. So that we can consider the reasons and avoid penalties.

Why we ask for "RWA, BCL, BG, CIS"

RWA, BCL, BG - these are documents which are issued by the Buyer’s bank. The bank confirms that their client has the sufficient funds in their possession and is ready, willing and able to engage in the contract.

 RWA, BCL, BG - gives the seller reason to believe that the buyer has serious and real intentions to buy his goods, everything else is a petty talk that takes away the seller's time!

ONLY DIRECT NEGOTIATIONS FROM

END BUYERS

TO US WILL BE CONSIDERED

For Mandate, Agents, Consultants,

Facilitator’s, Broker, Buyer

1) Non Circumvention Non Disclosure Agreement (NCNDA):

NCNDA as it stands is a document which protects all parties’ financial interest. (which is the commission fee). A Non Circumvention Non Disclosure Agreement is usually signed by all involved parties before the SPA is signed could be embedded in the SPA. This protects all parties from being circumvented by any greedy participant in any given deal. It is always advisable to have this document signed by all the players in any particular deal. It is very important to have this document embedded in a contract as an integral part rather than as an addendum to a contract.

2) Master Fee Payment Agreement (MFPA):

This is a document usually embedded in the contract, signed by the buyer and the seller, guaranteeing the payment of commission to all the parties involved in the deal. Since the seller pays all the parties from the discounted price, he is the party required to sign and seal the document. It is always a good practice to have this document in the contract as an integral part or as an addendum.

3) Ready Willing and Able (RWA):

RWA means Ready, Willing, and Able to transact the ongoing  Deal. The seller and buyer must both express their readiness, willingness and ability to hatch and conclude a deal as specified in the (SPA Procedure) contract.

4) Due Diligence (DD):

Due Diligence: Due Diligence is the process by which both the buyer and the seller conduct a fair investigation on each other’s ability to deliver and perform. This may include reviewing each other’s financial background and business records, including business ethics.