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| LOOKING FOR READY WILLING AND ABLE BUYERS FOR ICUMSA45 SUGAR
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2022-12-21 |
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ICUMSA45 SUGAR FROM BRAZIL.
300,000MT X 12 MONTHS
PRICE (CIF) $465 / MT
PROCEDURES:
A) Seller sends contract. Buyer signs contract and return in PDF.
A) Buyer meets seller at his bank (GT Bank, Osu) to sight PPOP documents or ask for electronic copies of the PPOP documents.
C) Buyer send via swift SBLC from top 25 ranking bank. Buyer will first send swift pre advice of the sblc for confirmation.
D) Seller sends via bank to bank, copies of CARGO DOCUMENTS (by SGS) certificate of ownership, NON negotiables, Bill of Lading etc.
E) Seller sends hard copies of the original stamped shipping documents to buyer.
F). Buyer after verification and confirmation of Hard copies of Origin stamped and signed cargo documents create an escrow with buyer.
G). Seller release the escrow to buyer 48 hours after vessels arrives at Tema port.
If the destination port is outside of Ghana shores, seller release the escrow to buyer before vessel arrives at their destination port because buyer will have no jurisdiction over the country.
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