Soybean
$100
MOQ:
MOQ:
Not Specified
Supplier From
Ananindeua,
PA,
Brazil
Supplier From
Ananindeua,
PA,
Brazil
SELLER'S STANDARD AND NON-NEGOTIABLE CIF OPERATING PROCEDURE:
1) BUYER SENDS LOI TO THE SELLER;
2) SELLER SENDS FULL CORPORATE OFFER (FCO) TO THE BUYER;
3) BUYER SIGNS THE FCO FOR ACCEPTANCE AND RETURNS IT BACK TO SELLER;
4) BUYER ISSUES ICPO MUST BE WITH BUYER COMPANY LETTERHEAD WITH CLIENT INFORMATION SHEET CIS, PASSPORT, BANKING INFORMATION, CERTIFICATE OF INCORPORATION AND SELLERS PROCEDURE;
5) SELLER SENDS SALES AND PURCHASE AGREEMENT (SPA) TO BUYER;
6) AFTER THE SELLER AND THE BUYER (THE PARTIES) AGREE ON ALL THE TERMS AND CONDITIONS OF THE SPA, THEY FULLY SIGN AND STAMP THE SPA;
7) THE SELLER SENDS TO THE BUYER THE PROFORMA INVOICE.
8) WITHIN 7 BUSINESS DAYS FROM THE DATE OF SPA, THE BUYER BANK ISSUES PRE-ADVISED IRREVOCABLE, TRANSFERABLE AND CONFIRMED BANK FINANCIAL GUARANTEE (PLEASE SEE ITEMS 6 AND 7 ABOVE) TO THE SELLERS NOMINATED BANK FOR APPROVAL;
9) SELLERS BANK WITHIN NO LATER THAN 3 BUSINESS DAYS FROM THE RECEIPT OF THE PRE-ADVISED LETTER OF CREDIT, CONFIRMS ACCEPTABILITY OF THE TERMS AND CONDITIONS OF THE GUARANTEE INSTRUMENT (SBLC OR DLC), OR INFORMS THE BUYER IF THERE ARE ANY AMENDMENT TO BE MADE;
10) WITHIN 3 BUSINESS DAYS FROM THE DATE OF ACCEPTANCE OF PRE-ADVISED, BUYER SENDS THE OPERATIVE BANK GUARANTEE INSTRUMENT TO SELLERS BANK WHICH WILL BE ACTIVATED UPON RECEIPT BY THE SELLERS BANK;
11) AFTER SELLER BANK CONFIRMATION OF THE CORRECT RECEIPT OF THE GUARANTEE INSTRUMENT, THE SELLER PREPARES THE PRODUCT OF ORDER WITHIN 10/15 DAY AND DELIVERY IT TO PORT OF LOADING FOR INSPECTION OF SGS AND ISSUE OF BILL OF LADING AND OTHER SHIPPING DOCUMENTS;
12) THE SELLER SHIP THE DELIVERY;
13) PAYMENT BY THE BUYER IS MADE ON SIGHT AT THE PORT OF LOADING THE GOODS. UPON PRESENTATION OF THE SHIPPING DOCUMENTS, NO LATER THAN 48/72 HOURS, THE BUYER'S BANK RELEASES THE PAYMENT TO THE BANK DESIGNATED BY THE SELLER, FOR THE TOTAL AMOUNT OF THE SHIPMENT (AS PER THE COMMERCIAL INVOICE);
DOCUMENTS:
13.a) SGS CERTIFICATE QUALITY AND QUANTITY.
13.b) COMMERCIAL INVOICE
13.c) CERTIFICATE OF ORIGIN
13.d) PACKING LIST
13.e) BILL OF LADING
14) THE SELLER PREPARES THE NEXT DELIVERY;
15) THE SELLER PAYS ALL INTERMEDIARIES WITHIN 48/72 HOURS;
Payment Terms / Warranty
GUARANTEE TERMS:
SBLC or DLC must be 100% irrevocable, transferable, operative/active and issued or confirmed by a Top50 World Bank, valid for 12 months + 1 day (or one year + 1month, if there is a trial order included in the contract) and with a face value covering at least 1 (one) month of contract.
PAYMENT METHOD:
All shipments to be paid with MT103/Cash Transfer at the loading port upon release of a full set of the shipping documents.
