Description
Origin Brazil, Sugar Icumsa *5, **0, **0/***0.
Package *0 Kgs.
CIF ASWP (Prices under demand and depend on quantity, contract or
spot).
PERFORMANCE GUARANTEE: 2% Contract Performance Guarantee
(CPG).
INSPECTION: SGS Inspection INSURANCE: **0% of the CIF value for
each shipment.
PAYMENT TERMS: SBLC, DLC or LC. NO ADVANCE PAYMENTS. IRREVOCABLE,
TRANSFERABLE, ASSIGNABLE, CASHABLE, CALLABLE, CONFIRMED FROM TOP *5
BANK. BUYER WILL PAY MONTHLY BY MT **3 AGAINST SHIPPING DOCUMENTS.
IF THE BUYERS BANK IS NOT ONE OF TOP *5/*0 BANKS, MUST BE CONFIRMED
BY A TOP *5 BANK.
NOTE: PAYMENT IN DLC OR LC MORE USD 5.*0 IN FINAL PRICE PER
TON.
PROCEDURES
1.BUYERS AGENT ISSUE IRREVOCABLE CORPORATE PURCHASE ORDER (ICPO).
2. Seller issue Full Corporate Offer (FCO) for Buyer\'sreview. 3.
Buyer accepts FCO, confirmed by signed and seal on the FCO. Buyer
issues RWA or BCL or MT**9. 4. Seller provides Draft Contract for
evaluation. 5. Seller and Buyer sign IMFPA. 6. Buyer and seller
signs Contract. 7. Buyer\'s and Seller\'s Banks communicate and
agree on the final wording of SBLC/BG. 8. Seller\'s bank notifies
the Buyer\'s bank that they are ready to issue operative 2% PB and
Proof of Product to the Buyer\'s bank. 9. Buyers bank confirms by
swift to the seller\'s bank readiness of opening SBLC/BG. Buyer\'s
bank issues Pre-Advice of SBLC/BG to Seller\'s Bank. *0. Sellers
bank issues operative 2% PB. Seller\'s bank sends Proof of Product
to Buyer\'s Bank (Bank to bank). *1. Buyers bank issues SBLC/BG
which activates the Performance Bond. *2. Shipment commence as per
contract. *3. The Parties to the contract enter into this cycle and
shall proceed with the execution of mutually agreed schedule to its
full implementation. Payment will be arrange to the SELLER to port
of origin true the BL (inspection and documents of loading and
shipment). *4. The contract commences.
FINAL REMARKS:
* SELLER DONT ACCEPT BUYER PROCEDURE. * SELLER DONT REQUIRED ANY
UPFRONT FEES. * SELLERS PROCEDURE IS NON NEGOTIABLE. * SELLER DONT
PROVIDE ANY PAST BL OR SGS.BEFORE THE SIGNING OF THE PURCHASE AND
SALE AGREEMENT
