We sell sugar on two to five percent pbg + pop before establishing l/c.Procedure:(1) buyer issues loi + bcl(2) seller issues fco after agreeing over the price.(3) buyer's bank issues swift confirming l/c or bg, demanding pbg upto five percent and pop.(4) seller's bank sends pre advice of pbg and pop,(5) buyer's bank issues l/c, bg(6) shipment commencePrompt performance and all possible co-oeration assured,
We sell sugar on two to five percent pbg + pop before establishing l/c.
Procedure:
(1) buyer i
Category: | Sugar |