YELLOW CORN GRADE # 2
- Product Name: YELLOW CORN GRADE # 2
corn-p1.html" style="text-decoration:underline;font-weight:bold;" target='_blank'>yellow corn grade no.2
procedures: ( the procedures are not negotiable)
- buyer issues a (loi or icpo) with soft probe & bank endorsed.
- seller issues fco (full corporate offer).
- buyer sign seal and return the fco and send mt 999 for bank of seller.
- seller issues draft contract.
- buyer sign seal and return the contract, seller sign the contract and return to the buyer.
- buyer and seller deposit a copy of the executed contract to their respective banks.
- within 3 (three) banking days, buyer bank sends a non-operative sblc or bg for total negotiation value to the sellers bank.
- within 48 hours seller's bank sends proof of products (pop) + pb 2% via swift bank to bank methods to the buyers bank.
- instrument of payment is operative.
- shipment commences as per the terms of the contract schedule.
note: we do not work of the buyers procedures. a buyer must agree to accept and follow the sellers procedures. the sellers will not alter their procedures.
|type: corn||product:: yellow corn grade # 2||product origen:: 100 % brazil (south america)|
|packing:: in bulk||minimun order:: 12.500 mt||delivery terms:: contract: cif/aswp__spot and c...|
|performance bond:: performance bond cannot be m...||inspection:: inspection by s.g.s at loading por...||pop:: bank to bank, according with the procedur...|
|payment terms:: sblc/bg/dcl/mt103/23||important note:: the fco will be sent after rec...|