ICUMSA Sugar

1.The end seller requests LOI/BCL or an ICPO from the buyer.
2.The LOI or ICPO must have full buyer contact information on their
letterhead with full banking details.
3.The LOI or ICPO must say (SOFT BANK PROBE ALLOWED) from the buyer.
4.Once the LOI or ICPO and banking are confirmed by the seller, then the
buyer will get a contract directly from the end seller.
5.Seller issues contract in favor of the buyer.
6.Buyer returns the contract to the seller via fax or e-mail. Duly signed
and sealed.
7.Seller reviews the contract and when approved seller confirms acceptance.
8.Once acceptance is confirmed by seller, Buyer sends NON Operative Letter of Credit to seller's bank.
9.Seller's bank issues POP (Proof of Product) and 2% Performance Bond (PB) to activate NON Operative Letter of Credit.
10.Delivery and shipment commence as per schedule mutually agreed upon in the contract.

LOIs/BCLs OR ICPOs and Procedures

Now We can Supply Brazilian ICUMSA Sugar