SUGAR ICUMSA 45, 150, 600-1200
#20
1. PROCEDURES:
2. THE BUYER ISSUES THE LOI.
3. SELLER SENDS SCO.
4. BUYER SIGNS AND STAMPS SCO AND SENDS ICPO.
5. RWA CERTIFICATE (OF THE BUYING COMPANY) ISSUED BY THE SBLC ISSUING BANK, CERTIFYING THE FINANCIAL AVAILABILITY OF THE BUYING COMPANY TO BE ABLE TO SUCCESSFULLY COMPLETE THIS PURCHASE (ESSENTIAL).
6. UPON RECEIPT OF THE REQUIRED DOCUMENTS, THE SELLER SENDS NCNDA.
7. THE SELLER SENDS THE FCO.
8. THE BUYER SIGNS AND SEALS THE FCO.
9. THE SELLER SENDS THE PROFORMA INVOICE.
10. BUYER SENDS DRAFT STANDBY LETTER OF CREDIT FOR SELLER'S ACCEPTANCE.
11. UPON ACCEPTANCE OF THE DRAFT L/C, THE SELLER SENDS THE CONTRACT.
12. CONTRACT TO BE VERIFIED BY THE SELLER AND THE BUYER, AND SIGNED IN THE ELECTRONIC VERSION.
13. BUYER SENDS SBLC TO SELLER'S BANK.
14. THE SELLER LOADS THE GOODS AND PERFORMS THE SGS AT THE PORT OF LOADING.
15. SELLER SENDS ORIGINAL SHIPPING DOCUMENTS TO BUYER'S BANK, AND BUYER'S BANK WILL SEND 100% OF INVOICE VALUE THROUGH MT-103 TO SELLER'S BANK.
16. TERMS OF PAYMENT:
17. WITHIN 3 CALENDAR DAYS AFTER SIGNATURE OF THE CONTRACT BY BOTH PARTIES, BUYER SHALL ISSUE AN IRREVOCABLE, TRANSFERABLE, DIVISIBLE AND CONFIRMED STANDBY LETTER OF CREDIT (SBLC).
18. FOR THE TOTAL AMOUNT OF THE CONTRACT AND FOR THE TOTAL DURATION OF THE SPOT (12 MONTHS + 1 DAY) AT SIGHT IN FAVOR OF THE SELLER (TO THE SELLER'S ACCOUNT) FROM THE BUYER'S TOP-50 BANK.
19. PAYMENT SHALL BE MADE IN CASH (MT103) AGAINST BILL OF LADING AND SHIPPING DOCUMENTS WITHIN 72 BANKING HOURS AFTER RECEIPT OF THE DOCUMENTS, AT THE PORT OF LOADING.
20. PREVIOUS RESULTS:
21. IN ACCORDANCE WITH ICC RULES SIGNED IN SWITZERLAND ON NON-DISCLOSURE OF INFORMATION.
22. IMPORTANT:
23. NO VISITORS ARE ALLOWED IN THE FACTORY OR AT THE PORT OF LOADING.
24. THE BUYER SHALL BE RESPONSIBLE FOR IMPORT REQUIREMENTS AND LICENSES AT DESTINATION.
25. THIS PROCEDURE IS GENERIC AND MAY CHANGE WITHOUT NOTICE, DEPENDING ON THE SELLER.
COTIZACION - QUOTATION - 语录
TECHNICAL SPECIFICATIONS SUGAR ICUMSA 45