10) Shipment.
9) SBLC or BG operative.
8) Within 48 hours Seller's Bank sends Proof of Products (POP) + PB 2% via Swift Bank to Bank methods to the Buyers Bank
7) Within 3 (three) banking days, Buyer Bank sends a Non-operative SBLC or BG for total shipment value to the sellers Bank
4) Seller issues Draft Contract
5) Buyer sign, seal and return the Contract, seller sign the Contract and return to the Buyer
6) Buyer and Seller deposit a copy of the executed Contract to their respective Banks.
3) Buyer sign, seal and return the FCO
1) Buyer issues a LOI + RWA or BCL
2) Seller issues FCO
Procedures:
QUANTITY 20% IN BG/SBLC 30% IN BG/SBLC 50% IN BG/SBLC
CIF ASWP First Shipment in 45/60 days
Contract Minimiun 12 months and quantity maximiun month of 100.000 MT.
Payment: SBLC or BG total contract, Unconditional, Transferable or non Transferable, Divisible, Irrevocable.
Origen: Brazil
Icumsa 45, 100, 150, 800,1.200.
Icumsa 45, 100, 150, 800,1.200.
Origen: Brazil
Minimum Order Quantity: | 150,000 Metric Ton |
Payment Terms: | CIF ASWP |
Place of Origin: | Brazil |
Category: | Sugar |