Model No.:
Product Origin:
Brand Name:
Price Terms:
Payment Terms:
Certification:
Description:ICUMSA 45 DIRECTLY FROM BRAZIL &
FROM BRAZILIAN COMPANY NOT FOREIGN
Commodity: White Refined Cane Sugar Icumsa 45
Specifications: Fit for Human Consumption
Polarity at 20 Deg. Centigrade:99.80 Min.
Ash Content:0.04% Max.
Moisture:0.04% Max.
Solubility:100.0% dry, free flowing
Granulation: Fine
Sediments: None
Color: Sparkling White
Crop:2006/2007
Magnetic Particles: Mg/k 4.
SO: Mg/kg 20.
Radiation: Normal certified
Smell: Free of any smell
Payment Terms: FFSBLC (Fully Funded Standby Letter of Credit), Divisible, Transferable, Irrevocable, Unconditional, for the Full Amount of the contract, payable 100% at sight, against presentation of contract documents, confirmed by Bank First Class (Top 25 World Bank).
Procedure:
1. The Letter of Intent(LOI) must be filled (Buyers Name, Full Address and
Full Bank Coordinates), issued in Letterhead Paper with Stamp, Signed and Sealed by Buyer. Buyer issues LOI with full banking coordinates and Authorization to Soft probe, together with his BCL, RWA.
2. Seller issue the FCO.
3. Buyer sign, seal and return the FCO.
4. Seller issues draft of contract.
5. Buyer signs the draft contract and send it back to the Seller.
6. Seller sign the final contract and return it to buyer.
7. Buyer's bank send by swift to the Sellers bank the POF for the whole amount of the contract value.
8. Seller's will send the POP to the Buyer's bank it saw swift.
9. Buyers bank issue and send by swift the LC 100% at sight to the Sellers bank after receive the POP.
10. Seller posts Performance Bond (PB) for the value of 2,0%.
11. Shipment begins. Buyer can made a physical inspection together with
SGS at the time of loading of product.