Icumsa 45,Cameroon refined sugar price supplier

SOFT CORPORATE OFFER

Brazilian Sugar ICUMSA 45

ANNUAL CONTRACT

SPOT CONTRACT

Prices valid until: June , 2011

IMPORTANT NOTE:

We work directly with the producers of commodities. Our product comes directly from various sugar refineries in Cameroon. We are not a broker chain and we prefer not to deal with chains of brokers. If you are not the end buyer, please allow us direct negotiations with end buyer. Your commission will have to be paid by the end buyer as we dont allow over price or pay any commissions; afterwards we can more easily close the transaction. Contact us for further information.  

Procedures:

1)   SELLER SENDS SCO

2)   BUYER SENDS ICPO

3)   SELLER ISSUES DRAFT CONTRACT TO BUYER

4)   BUYER RETURNS CONTRACT TO SELLER SIGNED AND SEALED

5)   SELLER RECEIVES CONTRACT SIGNED AND SEALED AND BECOMES EXECUTED

6)   WITHIN FIVE (5) DAYS, BUYER'S BANK ISSUES A DRAFT FOR THE DLC/SBLC TO FINALIZE WORDINGS WITH THE SELLER

7)   BUYER ISSUES ONE NON-OPERATIVE (IRDLC) TO COVER THE SHIPMENT

8)   AFTER ACCEPTANCE DLC, SELLER'S FINANCIAL COMPANY BANK SENDS 2% PERFORMANCE BOND AND PROOF OR PRODUCT TO BUYER'S BANK AND THE DLC BECOMES OPERATIVE

9)   DELIVERY AND SHIPMENT COMMENCES WITHIN 35/45 DAYS AFTER ACCEPTANCE OF THE DLC BY SELLER'S FINANCIAL COMPANY BANK

10)  PAYMENT DRAWN DOWN SHALL PROCEED UPON PRESENTATION OF ORIGINAL DRAFT WEIGHT SURVEY AT DELIVERY PORT, COMMERCIAL INVOICE, B/L  AND ORIGINAL SGS REPORT

Payment terms:

1.   SBLC Transferable, Divisible, Irrevocable, confirmed by a prime international bank, with prenotification, payable at sight.

2.   The financial payment instrument shall be: fully funded, unconditional, irrevocable, unencumbered, assignable, divisible, and transferable issued and/or confirmed by a top 25 world prime bank, 100% payable at sight against shipping documents.