GMO SOYBEANS (HUMAN USE) - NO LESS THAN 45% PROTEIN
QTY POSSIBLE PER MONTH: 1 MILLION MT
NON- GMO SOYBEANS (HUMAN USE)
¡QTY POSSIBLE PER MONTH: 1 MILLION MT
Price CIF
A sparkling white, highly refined sugar, suitable for human consumption and use in a wide range of food applications mainly in the industries of confectionery, clear drinks, dairy products, bakeries and pharmaceutical products. We offer other varieties of refinement, such as extra fine grain, and grade 1
INSURANCE: CARGO INSURANCE 110%, ALL RISK
* BUYER ISSUES LOI AND ICPO : TO H&E SIGNATURE. IN BUYER`S ICPO, THE
PRICE, PAYMENT TERMS AND OTHER CONDITIONS AGREED ON THE MUTUAL TERMS,
MUST BE ON ICPO
* UPON RECEIVING LOI AND ICPO, SELLER ISSUES FCO.
* SELLER ISSUES A DRAFT CONTRACT IN FAVOR OF THE BUYER
* BUYER RETURNS THE DRAFT CONTRACT VIA EMAIL WITH SIGNATURE OR
INDICATION OF ACCEPTANCE
* SELLER ISSUES FINAL CONTRACT VIA E-MAIL
* BUYER RETURNS EXECUTED CONTRACT FINAL VIA E-MAIL
* THE BUYER’S BANK ISSUES THE FINANCE INSTRUMENT DRAFT TO THE
SELLER’S BANK, WITHIN 5 BUSINESS DAYS AFTER SIGNING THE CONTRACT.
* SELLER’S BANK APPROVES THE FINANCE INSTRUMENT DRAFT
* THE BUYER’S BANK MUST ISSUE THE FINANCE INSTRUMENT AND NOTIFY
THE SELLER’S BANK NO LATER THAN 5 BUSINESS DAYS AFTER THE FINANCIAL
INSTRUMENT DRAFT IS APPROVED.
* SHIPMENTS COMMENCE AS PER AGREEMENT BETWEEN BUYER AND SELLER
(15/25 DAYS AFTER LC CONFIRMED AT THE SELLER’S BANK)
SHIPMENT START: 35/45 DAYS AFTER OPENING AND RECEIVING OF FINANCE
INSTRUMENT FROM BUYER’S BANK – MAINLY BECAUSE OF PANDEMIC
SITUATION WORLDWIDE.
THE QUALITY OF THE GOODS WILL BE CONFIRMED BY A CERTIFICATE ISSUED BY
THE INDEPENDENT INTERNATIONAL SURVEY COMPANY SGS AT THE PORT OF
LOADING WHICH SHALL BE BINDING ON BOTH PARTIES IN ALL RESPECTS.
Escrow Account – In Swiss Bank (REYLS & Cie SA - INNOVATIVE BANK / INTESA SANPAOLO SpA) AS PAYMENT GUARANTEE:
Buyer put the amount representing one month face value purchase in ESCROW ACCOUNT – open for 11 months as Guarantee only and payment of the last delivery (12th month).
PAYMENT:
Each month Buyer pays by MT103/TT against the Official Shipping Document including BL and SGS Report.
The most economical solution for the buyer in terms of financial instruments use!
H&E Signature SA bears all financial costs within REYL & Cie bank (creation and management costs of the Escrow account dedicated to the transaction / to the customer). No LC/SBLC Instrument needed
LC Usance 60/90/180 Days Transferable – FROM TOP 50 BANK AS PAYMENT GUARANTEE:
LC Usance Irrevocable, Confirmed, Divisible, Transferable and Unrestricted given as Guarantee only PAYMENT:
Each month Buyer pays by MT103/TT against the Official Shipping Document including BL and SGS Report.
Good for Resellers
SBLC Transferable - FROM TOP 50 BANK AS PAYMENT GUARANTEE:
SBLC 100 %, Cash-Backed, Irrevocable, Confirmed, Divisible, Transferable and Unrestricted, Operative at sight at loading port via MT 760 given as Guarantee only, valid for 365 days + 1 day
PAYMENT:
Each month Buyer pay by MT103/TT against the Official Shipping Document including BL and SGS Report.
SBLC NON-Transferable - FROM TOP 25 BANK AS PAYMENT GUARANTEE:
SBLC 100 %, Cash-Backed, Irrevocable, Confirmed, Divisible, NON-Transferable and Unrestricted, Operative at sight at loading port via MT 760 given as Guarantee only, valid for 365 days + 1 day
PAYMENT:
Each month Buyer pay by MT103/TT against the Official Shipping Document including BL and SGS Report
Note that the following Payment terms is NO MORE ACCEPTED:
DLC TRANSFERBALE / LC TRANSFERABLE
DLC NON-TRANSFERABLE / LC NON-TRANSFERABLE
Procedure:
1. Sign SPA
2. Proof of Fund (BANK TO BANK) showing minimum 10% to 100% of one Month Purchase send in our Bank: EITHER MT199 from Prime Bank OR BCL from Prime Bank. Compliance is carried out by our bank and the legal department. Any attempt at fraud, using a false POF, will be systematically reported to the Federal Bureau of Investigation (FBI - J. Edgar Hoover Building - Washington, DC), to INTERPOL (INTERPOL IP Crime Unit INTERPOL General Secretariat - Lyon - France) and the International Chamber of Commerce (ICC - France and Switzerland).
3. We issue the SBLC and finance it at 90%, Buyer needs to pay 10% when SBLC verbiage is ready.
4. EITHER Buyer transfer 10% in our Seller’s Account OR Buyer transfer 10% to the Finance Institution issuing the SBLC
5. Logistic is organized; delivery is made to the Port and Shipping Document is given in Bank to Buyer.
6. Buyer must release payment MT103/TT within 3 Business days.
7. First delivery realized.
8. As from second delivery: 100% of Invoice amount is paid by MT103/TT within 3 Business days against the Shipping Document.
9. Last delivery: Payment by MT103/TT, within 3 Business days, will be 90% of the Invoice amount as 10% were paid to issue the SBLC initially.
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© 2021