ACHAT N°630733:
05/02/2024 08:12:03
dear madam/sir,
we are looking to buy 100000 mtx12 =1200000 mt yearly sugar icumsa 45 to uae , we are looking for reliable and real seller to visit his stock in brazil and accept our yearly supplying procedure as follows :1. buyer sends letter of intent (loi).
2. seller sends full corporate offer (fco) to buyer and trade company’s agent. buyer signed the fco
and returned to the seller.
3. buyer sends his irrevocable corporate purchase order (icpo), company registration, (cis) + passport + (mt
799) from its bank.
4. the seller issues draft contract ( spa) to the buyer. within 02 business days,buyer signs the contract and returns
to the seller, who also signs the (spa). both sign and stamp. seller sends pro forma invoice to buyer.
5. after confirmation of the pre advise ( mt799) received from buyer’s bank to fiduciary’s account
provided by the seller after common approval of the bank choice. seller issues a sgs’s factory or any
pop documents before buyer’s bank issue a sblc.
6. within 03 days after signing the spa, the buyer issues a financial instrument draft for seller verify
(this procedure avoids unnecessary costs for the buyer). 07 days after signing the spa, the buyer must
issues the financial instrument sblc/mt760/callable/cashable in 30 days after issuance in accordance
with the approved draft financial instrument.
7. seller issues 02% performance bond within 02 banking day after receiving the operative bank instrument
confirmed by his bank.
8. shipment begins as per the delivery schedule in the contract (spa) after the operative bank’s instrument
is confirmed by the seller’s bank.
9. at time of charter party determination, the seller will provide delivery details to the buyer. seller also
provides arrival of the vessel and all other pertinent matters if applicable.
10.the ship is loaded, in the presence of the sgs, which will certify, issuing the pop of that current vessel.
buyer’s sgs agent is invited to be present when the vessel is loading at the port of origin.
11. the shipment should arrive at buyer’s discharge port within 30 35 days and upon arrival of the cargo at the
discharge port, buyer’s inspection team carries out ciq, sgs or equivalent inspection to ascertain quality
and quantity born by the buyer then buyer release seller 2% pb within 24h. all subsequent shipments will
follow the same procedure if applicable.
12.all shipping documentation will be delivered to the buyer’s bank. after receiving within 02 banking days, the
seller will receives payment via mt103 or telegraphic transfer or sblc callable , cashable .
regards,
