Alcohol Anhydrous

 

ORIGIN:	Brazil
QUANTITY:	12 x 40.000 MT = 480.000 M³
PORT:	FOB Brazilian port
PRICE:	US$ 549,00 / M³
PAYMENT:	SBLC or BG, confirmed by TOP 50 World Bank (European or American), payable 100% at sight as per contract, Irrevocable, Transferable, Divisible, for the total value of the contract.
DOCUMENTS:	LOI  + BCL  or LOI with authorization of Soft-Probe.
P. BOND:	2% (Two Percent)

PROCEDURES:

1. Buyer issues ICPO with full banking information’s, and Bank RWA.

2. Seller will send the Draft Contract to the Buyer by e mail, for his review and signature and sealed, and send back to the Seller by E mail.

3. Seller will issue the Hard Copy Contract sign and seal and send to the Buyer by E mail, Buyer in turn will sign and seal the hard Copy and send back to the Seller by e mail, Said signed contracts being exchanged electronically will be deemed as original and is legally binding until hard copies are exchanged by Courier. DHL or other.

4. Within 4 (Four) banking days Buyer Bank issues SWIFT MT 799 to Seller’s Bank confirming the existence of funds and ready to issue  01  Unconditional Bank Guarantee, Irrevocable, Transferable, Assignable, Unencumbered, in the value necessary  with maturity for 12 months, and as Beneficiary the Seller as per approved draft of the Bank Guarantee sent by the Seller, such issued Bank Guarantee will be  renewable every 12 months, and thereafter every 12 months, until the full deliveries of the contract.

5. Buyer issue the Bank Guarantee, for the full amount of negotiated. and Seller issue the Proof of Product Bank to Bank by MT799

6. 5 banking days after the Bank Guarantee is issued and lodged in the Seller Bank Seller issue the  2% performance Bond for NON Delivery by a Stand By Guarantee covering a monthly shipment.

7. Schedule of delivery is signed and approved by Seller and Buyer.

8. Delivery begins as per full terms of the Contract.