ICUMSA 45_ 600_ 1200 ANNUAL CONTRACT - Benin

Selling  N°638446:   04/05/2024 22:31:42 Brand Member Area


white sugar icumsa 45
discharging port $410 cif aswap
12.500mt x12
loading port cif $390 cif aswap
12.500mt x12

brown sugar icumsa 600/1200
discharging port $440 cif aswap
12.500mt x12
loading port cif $420 cif aswap
12.500mt x12

procedure: annual contract

1.buyer initiates icpo + cis + draft lc/ dcl/sblc or verbiage mt799 rwa to seller

2.seller send draf spa to buyer for comments (within 5 working days)

3.buyer and seller sign spa

4.buyer's bank issues proof of fund through swift rwa mt799 pre advice to confirm their ability to issue lc transferable (port of loading) or sblc/dlc ( port of discharge)

5.seller provides proof of products (including bacc, allocation letter to supply from exporters,...)

6.buyer' and seller agree to lc tranferable (port of loading) or sblc /dlc transferable (port of discharge)

7.with buyers lc/sblc or dlc transferable verified and operationnal funding in place,seller provide a 2% performance bond to the buyer's account.

8.buyer's visit to brazil is available if requested. buyer can visit warehouse and inspect at loading port.

9.seller begins shipment in accordance with spa within 25 30 days after warranty payment confirmed.

10.based on the documents stipuled in the contract and the qualified inspection report issue by ccic/sgs at the loading port, seller collects the payment trough tt mt103 according to each shipment quantity within 2 5 days after the qualified inspection.
Restrictions : ASWAP, Everywhere
Packaging : Everywhere
Quantity : 12.500MT X 12