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Detail Company Introduction
Good Regards. Pls find below the required details.
Product: White Refined Sugar
Specifications: Polarization 99.8% MIN - Ash 00.04% Max. - Moisture 00.04% Max - Icumsa 45 - Solubility 100% Dry & Free Flowing - Granulation Fine to Medium - Color Sparkling White - Radiation Normal Certified.
Origin: Brazil or Southern America
Price: US $ CIF
Prices above are only applicable if the Letter of Credit is for the full contract value;
Repetitive or Revolving payments will be regarded and priced as individual transactions unless the Buyer Bank irrevocably guarantee the continuance of such financial instrument for the duration of the contract;
Payment: IRREVOCABLE, TRANSFERABLE, CONFIRMED, DOCUMENTARY LETTER OF CREDIT ISSUED BY A PRIME BANK FOR THE FULL CONTRACT VALUE, PAYABLE 100 % AT SIGHT
Inspection: Quality, quantity, weight and phytosanitary by S.G.S or equivalent at Seller's cost at Port of Loading.
Shipping: Within 30/45 days after receipt and acceptance of L/C.
Performance Bond: 2% by Seller's Bank
Packing: 50 Kg Oceangoing New Polypropylene (PP) with Liner.
Documents: Bill(s) of Lading marked "Freight Pre-Paid - Commercial Invoice - Certificate of Origin - Certificate of Ownership - Phytosanitary and Health Certificate - Certificate of Radiation - Certificate of Fumigation - SGS Inspection Report re; Quality and Quantity - Packing List - Tally of Count from Stevedoring Company.
Discharge: All costs at Port of Discharge for account of the Buyer.
Loading: All costs at Port of Loading for the account of the Seller.
Buyer requests quote;
Seller provides quote;
Buyer approves quote and submits LOI,
Seller issues FCO;
Buyer accepts and signs FCO; copies thereof forwarded to Seller's Bank and Buyer's Bank
Seller's Bank confirms POP and availability of PB to Buyer's Bank;
Buyer's Bank confirms POF, availability of LC and their readiness to issue to Buyer's Bank;
Seller issues Contract for Buyer's signature and Buyer returns signed Contract to S
Seller's Bank approves the format/text/verbiage of Buyer's LC and Seller's OB;
Buyer's Bank issues non-operative Letter of Credit, in return Seller's Bank issues operative Performance Bond;
The Operative Performance Bond activates the Letter
ECROBOT CO., Ltd, Business Registration Number : 220-88-71747, CEO Park Jae Woo, TEL : +82-2-552-7676, E-mail : email@example.com
Address : (Hwanghwa B/D 11F, Yeoksam-dong)320, Gangnam-daero, Gangnam-gu, Seoul, South Korea