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Valued Customers,
We are pleased to offer you Brazilian Sugar Icumsa 45.
To avail our QUOTATION, here's our Seller Procedure.
General Procedures:
1. Buyer issues a Letter of Intent (LOI or ICPO) with bank details + Bank Comfort Letter (BCL) + NCNDA
2. Seller issues Full Corporate Offer (FCO).
3. Buyer sign, seal and return the FCO.
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.
7. Within three (3) banking days, Buyer's Bank sends a NON-OPERATIVE instrument of payment for TOTAL shipment value to the Seller's Bank.
8. Within 48 hours, the Seller's bank send a Proof of Product (POP) + Performance Bond (PB) of 2 % via Swift bank to bank method to the Buyer's bank.
9. FFSBLC or BG or Instrument of payment becomes operative.
10. Shipment commences as per the terms of the Contract Schedule.
Important Details:
> Performance Bond cannot be more than 2%
> SGS at loading port (at Seller's Cost)
> The Seller will not, in advance, provide Past B/L, SGS, Proforma Invoice or other certification or POP. Only the POP and SGS inspection issued (bank to bank) warrants the quality, quantity, specifications and SGS product photo or all documentation is sent by the Seller's Bank to the Buyer'sBank only at the time specified in the procedures and not before.
Please send us your Letter of Intent (LOI) and BCL signed and stamped with your company seal and we will be glad to answer your query and serve your needs asap. Make sure to note your full contact details, bank details and email id when contacting us.
If you are interested with our product or if you have any inqueries, please feel free to contact us directly.