Boston International Group, LLC

STANDARD RULES AND PROCEDURES FOR PROCESSING BUYING REQUESTS AT BOSTON INTERNATIONAL GROUP, LLC.

The success of our business and the relationship with our sellers/suppliers as mandates is based strictly on our professionalism, ethical standard, and experience of the mandate team, in addition to courtesy, trust, honesty and transparency.  The same is not only expected of the Principal Sellers/Suppliers but also with all parties involved in any deal submitted to us. We are as transparent as we can be and we expect the same with everyone that contacts us for business.

In order to best assist the clients with their needs in the most efficient and professional manner, Boston International Group, based on the principles underlying the business practices, have established the following procedures which has resulted in successful completion of transactions most of the time.These procedures are restricted to deals handled directly with any of our suppliers. If an inquiry is submitted to us which none of our suppliers can handle and is placed with an associate supplier or mandate, the buyer will automatically be responsible for our compensation.  This requirement is not negotiable or else we simply will not handle the request.

1.    It is important that you identify yourself in terms of your relationship with the buyer, for example if  you are the direct buyer, buyer’s mandate or broker you should so indicate in your first contact with Boston International Group. While we entertain inquiries from brokers on a case to case basis, we discourage multi-level intermediaries or chain brokers as this tends to create communication problems between the principal seller and buyer. We prefer to take calls and questions only from the buyer’s mandate directly and not from any of the other brokers that might be involved in the deal.

2.    When submitting your inquiry do not ask for the seller’s past performance records as this will NOT be provided as a condition of placing your inquiry with Boston International Group.

3.    Do not ask for pricing without a buyer’s LOI/ICPO.

4.    Do not ask for FCO without a positive response to your LOI/ICPO

5.    Please note that sending an LOI/ICPO automatically does not result in the issuing of the FCO or draft contract. All sellers’ conditions for the sales must be met. Do not expect an overnight FCO. Our sellers are located outside the United States, therefore time zones must be considered.

6.    Once the LOI/ICPO is received by the seller and is being reviewed for acceptance the generated NCND/MFPA will be signed by all parties involved.

7.    The FCO will be issued by the Seller, reviewed by the buyer, signed and returned before the final contract. At this point all intermediaries including the mandates for the seller and buyer will immediately vacate the scene to allow the seller and the buyer to negotiate and conclude the deal.

8.    Boston International Group or any of the mandates for the seller will not entertain any phone calls on any deal that is being concluded by the seller and the buyer from any of the intermediaries. There should be ABSOLUTELY NO contacts from any of the intermediaries to either the seller or the buyer for any updates on the ongoing transaction.  This is irritating to both the seller and the buyer.

9.    Once the deal is concluded and the seller is paid, the commission contained in the IMFPA will be paid to all beneficiaries.

10.    Boston International Group is a global company and we attempt to be responsive to all of our clients worldwide. However, we maintain U.S. business hours of 8.00AM-5.00PM Pacific Standard Time, Monday- Friday for all U.S. business transactions. We take forwarded calls to assigned contact numbers after business hours strictly from our international clients.

It is hoped that following these standard rules and procedures will result not only to successful fast completion of deals but repeated business and a lasting business relationship.
THANK YOU.

Information on Procedures for Transactions

Information on Payment Metods