Loi
*seller’s mandate issues sco
*buyer signs ncnda with seller’s mandate
*seller’s mandate informs the name of seller for the icpo to be issued to
*buyer issues icpo with bank account details and authorization for soft probing
*seller issues fco + draft contract
*signing contracts
Documents for the buyer's reference:
•Certificate of origin
•Product export license
•Export document authorization
•Location and product availability
•Producer identification
•Laboratory analysis
•Phytosanitary certificate
Documents will be shared bank to bank ; pop against pof / bcl within 3 to 5 working days, after the final contract has been signed with mutually acceptable timely manner between the seller and the buyer.
*buyer issues preadvice dlc (swift 705) payable at the counter of seller’s bank
*seller issues pb 2% to activate dlc (swift 760)
*seller’s bank issues full operational dlc (swift 700)
*shipping begins according to agreed shipping schedule
Payment terms and procedures for 25, 000mt and more (spot or contract):
**bg/sblc (mt 760) for one shipment/monthly value plus tt (mt 103)
*loi
*sco
*icpo with bank details and soft probe authorization
*the seller will present the draft contract for acceptance by the buyer. Contract goes through normal negotiation and validation period.
*buyer returns the draft contract by exchanging it by facsimile or email attachment, duly signed and sealed, within 24 hours, the draft copy will be deemed legal until hard copies exchanged.
*buyer's bank issues swift sblc mt 760 one month's value to receive the seller's bank within 3 (three) working days.
*seller's bank issues to buyer's bank pop (3 - 5) days and 2% pb first shipment.
50 kg bags
We sell sugar (white, refined, incumsa 45) from brazil
Documents for the buyer's reference:
•Certificate of origin
•Product export license
•Export document authorization
•Location and product availability
•Producer identification
•Laboratory analysis
•Phytosanitary certificate
You will get pop after receipt of icpo and pof
Also you are allowed to have a representative at the port when the sgs inspection is taking place.
Let me know if you have additional questions and i would be happy to help you.
50 kg bags or as required
