Rules of ICPO formulation (Irrevocable Corporate Purchase Order)All normal buyers are familiar with the rules of formulation for such documents such as an ICPO and BCL, but in order to save our time we decided to present some rules. Disregarding these will not lead to a joint operation with us. We always require accurate and complete documents, which can be provided to suppliers. We will always reply to those companies whose documents are prepared properly. Frankly an improperly completed or processed ICPO will not even be examined. VIP clients as a rule work at a considerably higher level than ordinary customers; therefore there are practically no errors in their documents. ICPO must be issued in both Russian and English. Examples of ICPO formulation you can found below. | |||||||||||||||||||||||||||||
(ON BUYER'S LETTERHEAD)
IRREVOCABLE CONFIRMED PURCHASE ORDER (ICPO) # _____We, /name of organization/, on behalf of /full name of the finance manager or director/, acting ground /document giving the right to dispose on behalf of organization/, with the complete responsibility as "Buyer", order the following goods:
Buyer’s Bank information: BANK NAME: ADDRESS: TELEX: BANK OFFICER NAME: SWIFT (code): ACCOUNT NAME: ACCOUNT NUMBER: We also give our sanction to SELLER (OJSC "LUKOIL") to make inquiry of our solvency concerning the given bargain (Soft Probe, code...) thus we authorize Bank in the period of validity this ICPO to give the necessary information. Bank Officer: Phone: Fax: E-mail: ___________________ (sign and seal) The given ICPO is a legal basis for transferring by the SELLER of the accepted names and sizes of the project of the prepared contract, and also is an integral part of the future. Sincerely, General Director ___________________(sign and seal)
|
ICPO
Subscribe to:
Posts (Atom)