Description

COCONUT OIL CRUDE Origin: Malaysia MINIMUM ORDER: 1.**0MT PRICE: ON ENQUIRY PAYMENT TERMS Irrevocable, Transferable, Confirmed, DLC payable **0 % at sight against presentation of shipping documents at loading port. PERFORMANCE BOND The Seller will Post 2% Performance Bond after Receipt of Payment Instrument. Only applicable for orders above 2.**0mt. or The Seller only post PB if the Buyer pay with Bank Guaranty. The Buyer can hold 4% of the shipment value back until ship is arrived at the Port of destination. After receive and check of merchandise he must pay back the 4% to the Seller within 7 days by TT. INSPECTION Inspection for Quality and Quantity Service at Seller’ s Cost will inspect the Commodity at Loading Port. PROCEDURES 1 – Buyer issues LOI with BCL or RWA and NCNDA. 2 - Seller or is Representative send FCO. 3 - Buyer approve FCO. 4 - Seller prepare sale and purchase draft contract. 5 - Buyer returns the Sales and Purchase Agreement duly signed and sealed to Seller within 5( Five) Banking days per Fax and E-mail. 6 – Within 5 ( Five) Banking days after executing and signing of the Sales and Purchase Contract, Buyers Bank states their readiness to issue their irrevocable, and for the Seller Transferable and non operative DLC , as per contract agreed to Seller’ s nominated Bank. 7 – Within *0 ( ten) International Banking days of the receipt of Buyers Irrevocable , Transferable and Assignable DLC payment, the Seller will post the full Proof of Product which will activate the DLC. 8 – Shipment commence, as per Delivery Schedule mutually agreed. PLEASE NOTE: These prices may be subject to change without notice The market prices for commodities and products commercialized by SELLER are subject to change without notice. We look forward to doing future business with you. Origin: Malaysia Price: ON ENQUIRY Payment Method: L/C Quantity: *2, **0mt Pack. & Delivery: Bulk