Buying N°631969:
15/02/2024 22:57:50
• product: unroasted coffee beans (see photo for specifications).
• origin: no importance.
• packaging: tba.
• quantity: 50,000 mt per shipment (annual contract)
• payment terms: 100% dlc irrevocable, indivisible,non transferable (supplier will give 2% performance bond of contract amount).
• price: please quote usd / rmb price based on cif china. competitive price.
• loading port: tba .
• payment terms: cif zhangjiagang port, china
• delivery conditions: the delivery quantity is based on the ccic inspection quantity, and the delivery quality is subject to the ccic inspection report. seller must have aqsiq for import license in china with the national registration cnpj id.
• claim and dispute resolution method, location, legal adaptation clause: litigation / litigation method / law of the court / litigation party.
*buying russian procedure:
1. seller issues full corporate offer (fco).
2. end buyer issues irrevocable corporate purchase order (icpo).
3. seller issues draft contract for buyer’s open for amendment and sign.
4. buyer sends back draft contract to seller within 3 working days.
5. seller reviews and approves, signs draft contract and sends to buyer in pdf format. seller sends ncnda/imfp agreement for the intermediaries involves to sign and return.
6. seller registers and legalizes the draft contract with the russian ministry through the seller legal law firm, on seller’s cost and sends registered and legalized contract with partial pop documents to buyer via email as lists below:
– certificate of origin of the product
– company registration
– export license
– seller commitment letter to supply
– commercial invoice (ci)
– seller representative passport copy
7. in receipt and confirmation of the above partial pop documents, the buyer issues the agreed irrevocable, non transferable, indivisible, operative dlc mt700, from top 50 rated banks equivalent to monthly invoice value as a guarantee of payment.
if buyer fail to issue dlc mt700 within 7 working days, in alternative, buyer shall make guarantee deposit of 10% tt wire from total value of the monthly supply to seller’s nominated fiduciary bank account as performance to secure the allocation, which will be deducted from the first shipment.
8. seller swifts 2% pb to buyer’s bank along with full pop with shipping documents as lists below via bank to bank and email, as the loading commences immediately.
– government atpcc approval.
– certificate of quality & quantity of product.
– bill of lading.
– vessel q88 document / train.
– e.t.a. (estimated time of arrival) of vessel.
– vessel (n.o.r) notice of readiness.
– train/cargo manifest.
– fresh sgs
– cpa
seller lodges spa (sale & purchase agreement / contract) and ncnda/imfpa
endorsement at seller's bank.
9. within 3 5 banking days of the vessel arrival at buyer destination port, buyer makes payment to seller via tt/mt103 upon receipt of the shipping documents from the captain and confirmation of the q&q by sgs / ciq at the destination port.
10. seller releases commission payment to all intermediaries (parties) involved in this transaction in accordance to the signed ncnda \ imfpa within 48 hours of receipt full payment of the product from the buyer.
* important note: payment after the goods arrive at the unloading chinese port.
designated by the buyer and pass the ciq / ccic / sgs inspection.
