LETTER OF INTENT
(also known as LOI) SAMPLE -- Should be submitted on buyer's Letterhead
Dated: To: Dear Sirs, We [INSERT NAME OF BUYER’S COMPANY] Of [INSERT ADDRESS] hereby declare that we are ready, willing and able under the act of perjury to purchase the following commodity as specified below and certify that we have available full funding for the purchase: PRODUCT DETAILS Product: Specification/Standard: Total Quantity: Target Price: Country of Origin: Destination Port: Destination Country: Terms of Delivery: Contract Duration: Quantity of monthly Shipments: Delivery Time: Rate/Size of Shipment: Packing: Rate of Discharge (MT/Day): Payment Instrument: Performance Bond: e.g.: Ordinary Portland Cement 42.5N e.g.: ASTM C150 e.g.: 500.000 MT e.g.: 65 USD e.g.: Belgium e.g.: Aden e.g.: Yemen e.g.: CIF or CFR e.g.: 14 Months e.g.: 3x 12.500 e.g: 30 – 45 days e.g.: 12.500 or 25.000 MT on pneumatic vessel e.g.: Three Layer Kraft Paper 50kg/bag e.g.: 1.000 MT e.g.: BG or FFDLC e.g.: 2%
BANK DETAILS Full Name of the Bank Bank Phone No Bank Fax No Bank Account No Bank SWIFT/Sort Code No
Full name of signatory Position of signatory (This must be CEO of the Company)
Yours truly
Dated
Signed
Company rubber stamp