soybean
Product description
Origin: Brazil
Soyabean Non-GMO
Guaranteed Specification:
Yellow Soya Bean # 2: | Crop 2005/2006/2007 |
Test Weight: | (Lbs/BU) 54 Min. |
Protein: | 35.0%Min. |
Moisture: | 13.5%Max. |
Splits: | 11.0% Max. |
Foreign Matters: | 2.0%Max. |
Soya bean Other Color: | 2.0% Max. |
Heat Damaged Kernels: | 0.5% Max. |
Total Damaged Kernels: | 3.0% Max. |
Oil: | 18.5% Min. |
Payment :
FFSBLC total contract, or BG Unconditional, transferable, divisible, irrevocable, CIF.
Procedures:
1) Buyer issues a LOI + RWA + NCND
2) Seller issues 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 3 (three) banking days, Buyer Bank sends a Non-operative FFSBLC or BG for total shipment value to the seller’s Bank
8) Within 48 hours Seller's Bank sends Proof of Products (POP) + PB 2% via Swift Bank to Bank methods to the Buyer’s Bank
9) FFSBLC or BG operative.
10) Shipment.
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