Model No.:
Product Origin:
Brand Name:
Price Terms:
Payment Terms:
Certification:
Description:COMMODITY: YELLOW CORN GRADE #2 Certified Non GMO fit for human consumption, as per inspection certified by SGS.
ORIGIN: South America
QUANTITY: 50,000 M/T
DELIVERY: 50,000 M/T, in up to 40 days after confirming Bank Instrument.
PRICE: US$ 155 per Metric Ton CIF ASWP
SPECIFICATIONS:
MOISTURE 14% MAX
ADMIXTURE 3% BASIS
TOTAL DAMAGED KERNELS 3% MAX
HEAT DAMAGED KERNERLS 0,5% MAX
PROTEIN 8,5% MIN
FOREIGN MATERIALS 2% MAX
HECTOLITERS 68KC MIN
WEIGHT 54 BUSHELS/LB MIN
BROKEN KERNELS 3% MAX
AFLATOXIN TOTAL 20PPB MAX
RADIATION NONE
CROP 2006
INSPECTION: SGS / CERTIFICATION OF WEIGHT AND QUALITY ISSUED BY SGS AT WHAREHOUSE AND LOADING PORT AT SELLERS COST.
PACKING: 50 KG BAGS
PAYMENT TERMS:
BY FFDLC, BG OR SBLC OR WIRE TRANSFER BLOCKED IRREVOCABLE, TRANSFERABLE, CONFIRMED, DIVISIBLE, AND UNCONDITIONAL, FOR THE TOTAL AMOUNT US$7.750.000,00, PAYABLE 100% AT SIGHT AGAINST SHIPMENTS DOCUMENTS.
PROCEDURES:
1.Buyer sends LOI & BCL or authorization to Soft Probe.
2.Seller issues the FCO for Buyer acceptance, signatures, stamps, and return to the Seller with authorization to verify and confirm funds on the Buyers bank account by the Sellers bank via Swift MT 799.
3.Sellers bank verifies funds on the Buyers account and issues Contract to Buyer for their signature, seal and stamp.
4.Buyer returns to Seller by email the signed, sealed and notarized Contract.
5.Seller signs, seals and stamps the Contract and sends by email back to Buyer.
6.Sellers Bank will send the POP to Buyers Bank.
7.Within five international banking days of signing the Contract by the Buyer and Seller, the Buyer must issue in Favor of the Seller the Non Operative Payment Instrument, Irrevocable, Confirmed, Transferable, Unrestricted, Divisible, for the entire value of the Contract.
8.Within 12 international banking days from the receipt, verifications and authentication of the Buyers Non Operative Payment Instrument, the Sellers Bank posts POP and sends in favor of the Buyer an operative Performance Bond of 2% to activate the value of the Irrevocable, Confirmed, Unrestricted and Divisible in full found, Payment Instrument.
9.The shipment of the 50,000MT and authentication of Buyers Irrevocable, Transferable, Divisible and Confirmed Payment Instrument for the total dollar amount shipped at Sellers Bank. Delivery schedule subject to buyer and seller agreement to expedite process.
Please, return this Soft Offer signed and sealed by BUYER with respective LOI & BCL or authorization of Soft Probe immediately.