Conditions, procédure & contact
Toutes denrées: minimum 12.500 MT +/- 5 %.
Farine de blé panifiable à partir de 1100 tonnes.
Origine Argentine ou, selon le marché, U.E., Brésil et Canada au choix du vendeur
Important notes
Documents
necessary: letter of intent (LOI) and bank capability letter (BCL). The
Letter of Intent must be filled (buyers name, full address and full bank
coordinates), issued in letterhead paper with stamp, signed and sealed by
buyer. the letter of intent must be along with a bank capability letter
issued by a prime word bank.
Embarkment:
to verify in logistic.
Mode of payment: to verify in the table.
Destination port: to verify in the table.
Insurance: provided by seller to the benefit of the buyer for a total of
100% of the buyers cost.
Performance bond: 2,0 % (two per cent) per metric ton based on the
acceptable LC amount;
Inspection: SGS or equivalent done buy exporter (seller) at loading port.
Procedure
1. Buyer
issues LOI with full banking coordinates along with BCL (Bank Capability
Letter).
2. Seller issues the FCO
3. Buyer signs, seals and returns the FCO. Buyers bank sends by swift to
the sellers bank the POF for the whole amount of the contract value.
5. Seller issues draft of contract.
6. Buyer signs the draft contract and sends it back to the seller.
7. Seller signs the final contract and returns it to buyer.
8. Sellers attorney escrow agent will send the pop to the buyers bank.
9. Buyers bank issue and send by swift the LC 100% at sight to the
sellers bank within 48 hours 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.
Contact Argentine |