Supplier From
Doha,
Qatar
Supplier From
Doha,
Qatar
Dear Valued Client,
We, Gulf United ArabianA LLC hereby issue this Soft Corporate Offer to supply Refined White Cane Sugar (ICUMSA 45) of Brazilian origin. We confirm possess the necessary capability, readiness, and capacity to deliver the specified commodity under the following terms, conditions, and procedures.
1. COMMODITY SPECIFICATIONS
* Commodity: Refined White Cane Sugar (ICUMSA 45 RBU)
* Origin: Brazil
* Quantity: up to 1,200,000 MT total (100,000 MT per month Ã?? 12 months)
* Delivery Term: CIF China Main Port(s) (ASWP / Safe Port)
* Range Price: USD $465.00 -USD $475.00 / MT (CIF)
* Packing: Standard export packaging (50kg polypropylene bags)
* Inspection: SGS or equivalent at loading port (Quantity & Quality)
2. TRANSACTION PROCEDURE & PAYMENT TERMS
* ICPO Submission: Buyer issues an official Irrevocable Corporate Purchase Order (ICPO) with full banking details, company registration, and passport copy of the signatory.
* Contract & Commercial Invoice: Seller issues the Draft Contract and Commercial Invoice (CI).
* Execution: Buyer reviews, signs, seals, and returns the contract and CI to the Seller.
* Financial Instrument: Buyer's bank opens an Irrevocable, Operative Standby Letter of Credit (SBLC) or Documentary Letter of Credit (DLC)- transferable or non-transferable in favor of the Seller's bank.
* Performance Bond: Within the agreed timeline after receipt and confirmation of the financial instrument by the Seller's bank, the Seller issues a 2% Performance Bond (PB) to activate the payment instrument.
* Loading & Partial POP: Loading operations commence. Seller delivers Proof of Product (POP) documentation sequentially as logistics progress.
* Final Shipping Documents & POP: Upon completion of loading, the Seller submits full shipping and POP documents including Bill of Lading (B/L), final Commercial Invoice, and SGS Inspection Report (Quantity & Quality) to the Buyer's bank via banking channels.
* Settlement: Upon document verification, the Buyer's bank releases 100% payment via MT103/TT to the Seller's bank.
* Replication: The same procedure applies to all subsequent monthly deliveries throughout the 12-month contract duration.
Key Points to Ensure Before Sending:
* SBLC/DLC Operative Clause: Ensure the contract clearly defines whether the 2% PB is required to make the payment instrument operative, as is standard practice for monthly contracts.
* Banking Details: If issuing as an ICPO, attach your Bank Capability Letter (BCL) or ensure the buyer's bank details are fully filled in.
Validity & Next Steps:
This offer is valid for five (5) banking days from the date of issuance. To proceed with this transaction, please review the terms outlined above and issue your official Irrevocable Corporate Purchase Order (ICPO) along with your full banking details.
