Steel & Oil Trading

Purchase Letter of Intent

Serious buyers can issue an official Letter of Intent to begin a steel or oil purchase. Complete the form to generate and download your LOI in seconds.

How it works

  1. 1Complete the buyer and product details.
  2. 2Generate an official SAMORE Purchase LOI (PDF).
  3. 3Our trading desk issues the FCO / proforma invoice and SPA.
  4. 4Settle by bank instrument (MT700 / SBLC) or transfer; delivery follows.

Included commitment

  • Confirms buyer intent and financial ability.
  • Requests the proforma invoice and purchase contract.
  • States product, quantity, monthly delivery and destination.
  • Aligned with SAMORE's MT700 / SBLC purchase procedure.
Purchase Letter of Intent

Generating an LOI expresses purchase intent and does not create a binding contract. Payment and settlement are by bank instrument / transfer only.