OPENING OF AN ACCOUNT WITH EVRAZ HIGHVELD STEEL AND VANADIUM LIMITED (EVRAZ HIGHVELD)
REQUIREMENT
1. Please complete the Evraz Highveld credit application form and return it duly completed to the Domestic Steel Sales Office. Fax number 011 454 0576 or e-mail to Michael Perimal – MichaelP@evrazhighveld.co.za
Please sign or initial all pages confirming acceptance.
2. Kindly furnish Evraz Highveld with a typical menu of Evraz Highveld range of material that is proposed to be purchase on a monthly basis. The average annual orders should not be less than 350 tons or 300 tons for “once off” project business.
3. Evraz Highveld will apply for CGIC cover, should we fail to obtain the required cover for two and a half times monthly purchases, a bank guarantee by a recognised bank for two and a half times monthly purchases has to be supplied.
4. In addition to the credit application, please provide the following written authority:
5.1 In the case of a Limited or (Propriety) Limited company - a Board resolution indicating who is authorised to sign on behalf of the company.
5.2 In the case of a Close Corporation (C.C.) a resolution signed by all the members of the Close Corporation indicating who is authorised to bind the customer.
5.3 In the case of partnerships’ a written authority by all the partners of the firm.