| ≥1 piece |
Specification of the product:
Yellow soya bean No. 2 Crop 2005/2006/2007
(Physical-Chemical analysis)
Protein: 35.0% Min
Moisture: 13.5% Max
Splits: 11.0% Max
Foreign Matters: 2.0% Max
Soya bean other color: 2.0% Max
Heat damaged kermels￡o 0.5% Max
Total damaged kermels￡o 3.0% Max
Oil￡o 18.5% Min
Procedures:
1) Buyer issues a LOI + RWA + NCND
2) Seller issues FCO
3) Buyer sign,seal and return the FCO
4) Seller issues Draft Contract
5) Buyer sign, seal and return the Contract, seller sign the Contract and return to the Buyer
6) Buyer and Seller deposit a copy of the executed Contract to their respective Banks.
7) Within 3 (three) banking days, Buyer Bank sends a Non-operative FFSBLC or BG for total
shipment value to the seller’s Bank
8) Within 48 hours Seller's Bank sends Proof of Products (POP) + PB 2% via Swift Bank to
Bank methods to the Buyer’s Bank
9) FFSBLC or BG operative.
10) Shipment.