PROCEDURES :
Request a quote by sending us the quantity, port of destination and whether it will be a single order (Spot) or a monthly contract
Upon receipt of the determined amount, see if your company is ready to file a Proof of Funds (POF) or an SBLC / BCL .Through one of the top 50 banks in the world.
If you agree to the terms, issue a Letter of Intent-LOI or Irrevocable Corporate Purchase Order-ICPO. If you choose the second option, you will also need to send proof of funds (POF or sending an RWA that has the ability to issue an SBLC or BLC) Note
: We will only send the contract and proforma invoice to buyers who can prove their ability to purchase.
After we receive the LOI, we will issue a Full Corporate Offer-FCO within 24 hours
The buyer returns the signed and stamped FCO on letterhead, together with the ICPO, within 48 hours
Supplier issues and sends SPA + Proforma Invoice
The buyer, within 24 hours, returns the Proforma Invoice and the signed and stamped draft of the contract
The buyer sends the SBLC letter of credit, within 48 hours;
The seller returns the bank instrument within 24 hours.
The buyer\'s bank issues the Stand-By Letter of Credit (SBLC) â?? with subsequent sending of SWIFT (MT 799/MT 760) To our bank coordinates as guarantee for the duration of the contract in the value of shipments determined in the contract and to be sent to the bank from the seller within 5 business days.
The bank instrument must be transferable, irrevocable, divisible, operational, renewable and confirmed by one of the Top Prime 50 banks. Payment in cash by SWIFT MT 103 upon presentation of shipping documents (B/L + SGS)
After opening the bank instrument, boarding is released.
Loading begins as per the Delivery Schedule in the Contract
Buyer makes payment against shipping documents
PAYMENT METHODS
Spot Contract
Payment of 50% upon signing the contract and 50% after sending the BL shipping documents
Note: Only for Spot contracts
Monthly Contract
SBLC + Swift MT 103Â | SBLC + Swift MT103 | SBLC with value determined by contract, irrevocable, unconditional, transferable and divisible. Issued by TOP 50 bank and boarding payment by Swift MT103
Our main supply source for soybeans and other grains is Brazil and other Latin Countries., Competitive prices are offered, certificates of origin and quality compliance are provided, with each shipment. We are aware of the recently ruled imports of soybeans in some, countries and we comply with all imposed import-export standards accordingly.
We are supplier and exporter of Soybeans. Our main supply source for soybeans and other grains is Brazil and other Latin Countries., Competitive prices are offered, certificates of origin and quality compliance are provided, with each shipment. We are aware of the recently ruled imports of soybeans in some, countries and we comply with all imposed import-export standards accordingly. Soybeans are a type of legume grown for its edible bean. Soybeans are rich in protein and can use to make food products such as tofu, soymilk and various dairy and meat substitutes. They are also use in fermented foods like miso and tempeh. The soybean is economically the most important bean in the world, providing vegetable protein for millions of people and ingredients for hundreds of chemical products.
Soybeans have been a staple food in many parts of the world for thousands of years. Soybeans are a globally important crop, providing oil and protein. We supply Genetically Modified (GMO) or the traditional soybeans for human and animal consumption from Brazil, Argentina, India and United States of America.
We are one of the largest indian soybean traders, soybean exporters due to direct tie-ups with soybean suppliers and soybean manufacturers. As an international trader of soybean we not only have direct tie up with suppliers of soybean but also manufacturers of soybean ensuring best quality soybean from best supplying countries. All our suppliers are primarily dependent on us because of a large network of buyers of soybean all over the world for whom we also act as country specific exclusive procurement agents of soybean through all our manufacturers and suppliers
PRODUCT. NON-GMO & GMO SOYBEAN ORIGIN: Brazil MINIMUM QUANTITY: 12,500 MT Per Month MAXIMUM QUANTITY: 1,000,000 MT Per Month CONTRACT DURATION: 12 Months with rolls and extension of 60 Months PACKING: Bulk / Vessel LOADING PORT: Santos, Brazil INCOTERM 2020: CIF PAYMENT TERM: DLC or SBLC Transferable, Divisible from top 50 banks. INSPECTION: SGS or Similar (Seller pays SGS inspection cost at loading port) INSURANCE: 110% of Cargo Value. POP: It will be provided within 5 working days after the Seller receives Letter of Credit. LEAD TIME: 35-45 Working days from date of payment made. FIRST SHIPMENT: First shipment available in July 2022.