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| Product Description
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SUGAR ICUMSA 45 RBU
Origin: Brazil
SPECIFICATIO- NS:
Polarization- :99.8% Min.
Ash Content:0.04% Max.
Moisture:0.0- 4% Max.
Solubility:1- 00% free flowing.
Color: Sparkling White
Granulation: Fine/medium/sta- ndard.
Radiation: Normal
Inspection: SGS or equal
Min. Order:12.500 MT
Packaging:50 KG. PP Bags
Terms of Delivery: CIF/ ASWP
Payment Terms: FFDLC 100%
Procedures to follow:
1. Buyer issues LOI and BCL Information with authorization to verify funds; or LOI +AUTH. FOR SOFT PROBE
Without LOI & BCL or Soft probe, we can NOT continue. PLEASE, DO NOT insist.
ALL DOCUMENTS NEEDS SELLER’S APPROVAL.
2. Seller (or agent) confirms the availability and price with a FCO.
3. Buyer confirms the FCO agreed in terms & Price, sign, seal.
4. Seller sends the Draft Contract with full terms and conditions.
5. The Buyer signs it, seal and send hard copies contract back to seller by fax or e-mail. If seller and buyer both agree, then the seller will mail via DHL or FedEx five original copies to the buyer.
6. Buyer opens a non-operative FFDLC (irrevocable, transferable,
Unencumbered- , unconditional, 100% at sight in the name of the
Seller.
7. Buyer receives the non-operative Letter of Credit via fax or e-mail. And
Send a copy to seller via fax or e-mail.
8. Seller sends P.O.P in form of the letter from the manufacturer/ port-plant
Confirming the product to the buyer’s bank, and will post a 2% Performance Bond
For the transaction.
(DEPENDING ON SELLER, 2% PB MIGHT COME BEFORE POP)
9. With POP and PB presented to the buyer’s bank, the non-operative
FFDLC.
10. Loading Initiates as per Scheduled supplied in the contract (30 to 45
days) from the date of receiving an operative payment instrument. |
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