Our Trading Process 

Our Trading Process

A structured, professional approach ensuring efficient and secure transactions for qualified buyers meeting our requirements.

Documentation & Verification

Initial documentation submission and verification phase

  1. Letter of Intent (LOI) or ICPO

  2. Company Information Sheet (CIS)

  3. Know Your Customer (KYC) documentation

  4. Bank Comfort Letter (BCL)

  5. Company Registration Certificate

  6. Authorized Signatory Identification

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Contract Formation

Review and finalization of trading agreements

  1. Final Commercial Offer (FCO) review

  2. Sales & Purchase Agreement (SPA) negotiation

  3. Contract amendments if required

  4. Final contract execution

  5. Official Proforma Invoice issuance

Financial Instruments

Secure payment arrangement confirmation

  • SWIFT MT799 pre-advice issuance

  • Bank-to-bank communication confirmation

  • SBLC (MT760) arrangement

  • Payment terms confirmation

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4

Product Verification & Shipping

Physical verification and logistics coordination

  1. Product availability confirmation

  2. Physical inspection arrangement

  3. Shipping document preparation

  4. Quality inspection coordination

  5. Delivery schedule confirmation

Required Documentation
All documentation must be complete, valid, and verifiable before proceeding with any transaction.
* Specific requirements may vary based on commodity type and transaction value

  1. Letter of Intent (LOI) / ICPO

  2. Know Your Customer (KYC) documentation

  3. Bank Comfort Letter (BCL)

  4. SBLC (MT760) Capability

  5. Company Information Sheet (CIS)

  6. Valid Government-Issued ID of Signatory  /passport

  1. Bank confirmation capability for SBLC MT760

  2. Proof of funds documentation

  3. Bank reference letters

  4. Financial statements (if required)

  1. Compliance with international trade terms

  2. Adherence to standard banking procedures

  3. Acceptance of standard inspection protocols

  4. Agreement to payment security measures

  1. Clear communication channels

  2. Professional conduct history

  3. Verifiable business references

  4. Demonstrated financial capability

Are you a producer or authorized distributor of high-quality commodities? Partner with GRAND SPACE LIFE & ASSET CO., LTD. Partners to expand your global reach with our established client network.
email : grandspace.laoffice@gmail.com ,grandspacelifeasset@hotmail.com