COMMODITY: Cane Sugar
ICUMSA 45
ORIGIN: Brazil
LOADING PORT:
Port Santos
Port Paranagua or similar Brazil Delivery
PAYMENT INSTRUMENTS:
TOP 50 Buyer`s Bank needed.
PAYMENT: By Irrevocable, bank to bank, Transferable or NOT Transferable, Documentary Letter of Credit (DLC), MT-103, issued by Bank, payable at sight against shipping documents and satisfactory SGS inspection reports at Port of Loading
PERFORMANCE BOND:
Seller issues 2% PB to buyer�¢??s bank after receiving operative financial instrument from buyer�¢??s bank.
.PRICE: US$ 310 Pmt
PACKING: 50 kg bags
DELIVERY: INCOTERM 2010
INSPECTION:
Seller pays SGS or similar inspection cost at loading port
SALES PROCEDURE
0. Seller issues SCO Soft Corporate offer signed & sealed
1. Buyer issues LOI/RWA with full banking coordinates.
2. Seller issues Draft Contract.
3. Buyer signs the Draft Contract and sends it back to the Seller.
4. Seller issues the final Contract to the Buyer.
5. Buyer's bank issues and sends by swift the non-operative SBLC or DLC 100% at sight to the Seller's bank within 48 hours.
6. Seller posts Performance Bond (PB) for the value of 2 % and the document becomes operative.
7. Shipment begins. Buyer can perform a physical inspection together with SGS at the time of loading of product.
