Description

Commodities: Sugar *5 Icumsa
Origin: Brazil
Quantity: **0.**0 MT
Delivery/ Destination: Mersin Port Turkey
Payment: Letter of Credit
Price: Price: $ **5 CIF

Procedures:

 

1. Buyer issues LOI.
2. Seller Issues Full Corporate Offer.
3. Buyer signs and returns FCO + ICPO and POF.
4. Seller issues contract for buyers review; buyer makes amendments and returns to seller for approval. Both buyer and seller must agree all changes. Electronic Signatures are considered valid for this transaction.
5. Final contract is agreed upon and signed by both buyer and seller.
6. Buyer issues Transferable, Confirmed, Irrevocable, L/C, to be issued or Confirmed from a top *0 Prime Bank (TDLC) against full set of documents for each shipment.) Within Five (5) Banking Days.
7. Seller start loads the product at once as per Incoterms and under SGS inspection and sends the original documents to the buyer.
8. The Shipment commences as per schedule in terms with contract conditions until completion of contract.
9. FULL DETAILS ARE CONTAINED IN THE SALES AND PURCHASE AGREEMENT.