ICUMSA 45 CONTRACT BRAZIL at 310USD

7.        Shipment commences as per contract

6.        Seller?s bank issues the PB 2% operative for buyer?s bank, to become operative the BG or SBLC

5.        Seller?s bank send the full allocation confirmation

4.        Buyer?s bank issues the BG or SBLC non-operative for seller?s bank

3.        Seller issues sends hard copy contract

****after seller receive the draft with signatures and stamp ****

2.        Seller send draft of contract

1.        Buyer send  LOI + soft probe and acceptance of the text from seller

OR:

8.        Shipment commences as per contract

7.        Seller?s bank send the full allocation confirmation

6.        Buyer?s bank issues the BG or SBLC operative for seller?s bank, to become operative the pb 2%

5.        Seller?s bank issues the PB 2% non-operative for buyer?s bank

4.        Buyer?s bank issues the pre-advice of BG or SBLC for seller?s bank

3.        Seller issues sends hard copy contract

             ****after seller receive the draft with signatures and stamp ****

2.        Seller send draft of contract

1.        Buyer send LOI + soft probe and acceptance of the text from seller

PROCEDURES:

GUARANTEE: the payment to the seller for the shipment is to be secured by SBLC or BG.

PAYMENT BY MONTH: Swift MT 103 or TT.

The 100% Refined Sugar ICUMSA 45 being supplied shall be fit for human consumption, as per inspection certificate issued by SGS