Supplier From
Bilbao,
Bizkaia,
Spain
Supplier From
Bilbao,
Bizkaia,
Spain
Refined sunflower oil - edible
MALAYSIA
Fresh
12,500 MT / Month
12 Months / One year Contract Only (Please
no spot deal or trial shipment)
Private label is possible
BULK, FLEXY TANK or new clean clear
PET Bottles for food storage with capacity 1-
2-3-5-20 Liters volume
CIF û USD 1.110,00 x MT
As per PAYMENT TERMS below
CIF û ASWP
By SGS or similar at Seller's account
First shipment immediately 30 - 45 days
Below you have the specifications
PAYMENT TERMS:
SPOT
Normal, with the typical aromas, with no
symptoms of alteration or contamination.
Light color and brilliant, with
UAàà..Max 25 and URààààà.Max2.5
Limpid and transparent at
200+/- 20 C during 24 hours
Two (2) years from the date of the packaging
150,000 MT (+/- 10%) MONTH x 12 MONTH
12,500 MT/ MONTH x 12 MONTH û ANNUAL CONTRACT
a) Contract Guarantee: BG or SBLC for the 100% of contract value issue form a
First International BuyerÆs bank by MT 760 (via swift), operative, irrevocable,
divisible, transferable, without restrictions, unencumbered, unconditional,
irreversible, negotiable and valid for 90 days, from the date of its acceptance by the
sellerÆs bank, as contract guarantee.
b) Contract Payment: The payment will be issued by a MT 103-23 (via Swift) form
the buyer's Bank directly to the seller's bank, against shipment documents when the
product is embarked in the loading port
CONTRACTS
a) Contract Guarantee: BG or SBLC per Three (03) Month contract valued
amount or valued amount equivalent of Three (3) shipments; issued by to First
International Bank, operative by MT 760 (via swift) in amounts and the text
(suggested by the seller): irrevocable, divisible, transferable, without restrictions,
unencumbered, unconditional, irreversible, negotiable and for the total validity of the
contract.
b) Contract Payment: The payment will be issued by First International Bank, through
an operative ARDLC: irrevocable, divisible, transferable, without restrictions,
unencumbered, unconditional, irreversible, negotiable payable against shipment
documents when the product is embarked in the loading port.
PERFORMANCE BOND:
An Operative Performance Bond will be provided by the SellerÆs Bank within 10
Banking Days after SellerÆs Bank receipt of an ARDLC. The Performance Bond
shall be sent to BuyerÆs Bank and shall be equal to 2,0 % (Two Per Cent) per Metric
Ton based on auto revolving monthly delivery.
PROCEDURE PROTOCOL:
1) Seller issues and sends a FCO to the Buyer;
2) Buyer issues ICPO (with LETTERHEAD), signed and stamped to:
IMPORT & EXPORT LTDA.;
3) Seller issues DRAFT CONTRACT, and sends it to the Buyer;
4) Buyer SIGNS and STAMPS draft contract and sends it back to the Seller;
5) Seller issues the HARD CONTRACT and send it to the Buyer by an international
courier;
6) Buyer signs and resends back half of the copies by courier to the Seller;
7) Buyer initiates banking procedures with his Bank and sends swift (and) HARD
COPY of MT 760 (BG) or SBLC to the SellerÆs Bank (BANK TO BANK);
8) SellerÆs Bank sends to the BuyerÆs Bank the POP.
9) BuyerÆs Bank open an ARDLC irrevocable, divisible, transferable, without
restrictions, unencumbered, unconditional, irreversible, negotiable payable against
shipment documents when the product is embarked in the loading port;
