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Overview

Specifications

DURUM WHEAT
SOFT MILLING WHEAT
RED HARD WINTER WHEAT
RED MILLING WHEAT
ORIGIN: EUA/CANADA

 

PACKING

In 50 Kg Bags/BULK.

DESTINATION & DELIVERY

Destination: CIF ASWP.

Shipment: First Shipment in 30-45 Days and Rest in Every 30

Days after Receipt of Payment Instrument to the Sellers Bank.

INSPECTION

S.G.S Inspection for Quality and Quantity Service

at Sellers Cost  will inspect the Commodity at Place of Loading.

PAYMENT

Irrevocable, Transferable, Confirmed  SBLC/ BG /FFDLC

100% payment at sight  for total Quantity from Top Western Prime Bank.

PERFORMANCE BOND

The Seller will Post 2% Performance Bond after Receipt of Payment Instrument to the Seller.

 

PROCEDURES

 

  1) Buyer issues a LOI + RWA/BCL + 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 FFDLC/SBLC /BG for total shipment value to the Sellers Bank

  8) Within 5(Five) banking days, Sellers Bank sends Proof of Products (POP) + PB 2% via Swift Bank to Bank methods to The Buyers Bank and Activate the Payment Instrument.

  9) FFDLC/SBLC/BG Becomes operative.

10) Shipment Starts.