Price Offer

The bank's approval of the price offer submitted by the supplier is not considered a receipt. It is required that the commodity is designated and separated from the rest of the supplier's commodities and that the bank is able to receive it, so that the consequence of the commodity's damage falls on the bank and is included in its guarantee. To transfer the guarantee (the consequence of damage), an inspection is conducted or the supplier notifies to set aside the commodities, and they are identified with a specific mark or placed in a designated area for the bank's benefit. This is required for certain commodities such as furniture. Additionally, the bank must acknowledge receipt before transferring ownership of the commodity to the client.