Sucre ic45 fro brazil

PROCEDURE FOR SUGAR IC45 FRO BRAZIL


1- Buyer issues a Detailed Letter of Intent (LOI) on their company letterhead (signed and sealed) with banking information.

2- Seller issues a Sales and Purchase Agreement (SPA) to be signed and Sealed by Buyer and is valid for 7 working days, if not signed it is void.

3- Seller issues Proforma Invoice, valid for 15 banking workdays, reflecting buyer's method of payment.

4- Buyer issues payment based on the desired payment selected under Terms Clause 10. If the payment term is a SBLC (Standby Letter of Credit), upon SBLC draft approval, an operative SBLC must be submitted within 5 banking/working days, prior to issuance of Bill of Lading and other documentation.

5- All Certificates and documents that are requested from us, will be delivered upon receipt of your operative SBLC in conditions that favor our Company or Buyers LC Bank to Sellers Bank. Seller does not provide Proof of Product at any time. Due to legal and confidential purposes, we do not provide historical data from other buyers, such as previous shipment invoices, Bills of Lading, shipper invoices, SGS reports, laboratory tests, Performance Certificates, Proof of Product (POP), contracts, etc., or any sample document that violates the rules of the ICC (International Chamber of Commerce) and may be plagiarized or falsified. We cannot disclose past performance or provide any copies of documents, certificates and the like. We and our counterparts, clients and customers, experienced problems with documents used illegally by Companies / Brokers operating in the international trade market. We respect our customers, but at the same time we expect them to follow certain rules to enable the system.

6- Seller puts order into shipping schedule and issues Pro Forma bank to bank.

7- The seller starts to load 5-15 days after receipt of operative SBLC depending on the plant's schedule at that time.

8- Site visits at the factory are not allowed. Buyer may go to loading at the port at their own expense.

9- In the event if the product is compromised, it is necessary to invoke this condition and submit this to our insurance company. Payment will be made by the insurance company under their schedule.