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FULL PROCEDURES FOR SALE AS GIVEN WITH REDUCED SALE PRICE*
WE WILL NOT PROVIDE PAST DOCUMENTS OF PAST BUYERS
(B/L,SGS,PROFORMA INVOICE, OTHERS).
WE DO NOT SEND ANY TYPE OF SAMPLE TO BUYERS.
NO VISITING TO OUR *REFINERIES OR SUGAR MILLS, OR OUR SOYA BEAN. *
WE WILL NEED *AN LOI OR ICPO FROM THE BUYER COMPANY ADDRESSES TO THE SELLER:
INCLUDING IN SUCH ICPO FULL COMPANY NAME, AND LEGAL REGISTRATION NUMBER IN
HIS COUNTRY, FULL ADDRESS, FULL TELEPHONE, FULL E-MAIL, FULL SPECIFICATIONS
FOR *SOYA MEAL ASKED ABOVE PRODUCT AND AS GIVEN ABOVE SPECIFACTIONS,*
AND REDUCED SALE PRICE, FULL BANKING COORDINATES, PASSPORT ORIGIN AND
NUMBER, AND NAME OF THE PERSON THAT WILL SIGN THE ICPO.
*SPECIAL DISCOUNTS ARE GIVEN FOR QUALIFIED BUYERS FOLLOWING THE PROCEDURES
BELOW.*
GENERAL PROCESS:
THE BUYER’S BANK MUST BE A *TOP 25 WORLD BANK* (*IF BUYER FROM CHINA THEN THE BANK MUST BE IN HONG KONG BRANCH*), AND ISSUE A *BANK GUARANTEE* WITH THE SELLER NAMED AS BENEFICIARY FOR PAYMENT OVER THE DURATION OF THE CONTRACT. THE *BANK GUARANTEE* IS TO MATURE IN TWELVE (12) MONTHS AND ONE DAY. THE BANK GUARANTEE IS CREATED AND IS DEPOSITED INTO THE BUYER’S NON-DEPLETION ACCOUNT. THE BUYER THEN SENDS A COPY OF THE BANK GUARANTEE TO THE SELLER BY E-MAIL. UPON THE SELLER’S BANKER’S VERIFICATION AND APPROVAL OF THE BANK GUARANTEE, SELLER WILL PROVIDE RECEIVING COORDINATES OF THEIR DESIGNATED BANK FOR THE TRANSMISSION OF THE SWIFT MT760 CONFIRMING THE BLOCKING OF THE BANK GUARANTEE IN THE BUYER’S ACCOUNT*. *
PRIOR TO THE MATURITY OF THE BANK GUARANTEE, AND AFTER THE SHIPMENT OF ALL GOODS HAS BEEN COMPLETED, SELLER WILL NOTIFY THE BUYER AS TO THE DELIVERY COORDINATES FOR THE ACTUAL SWIFT MT 760 DELIVERY OF THE BANK GUARANTEE TO SERVE AS PAYMENT FOR ALL GOODS DELIVERED. A CASH EQUIVALENT MAY ALSO BE DELIVERED IN THE BANK GUARANTEE PLACE.
*IMPORTANT *
*NOTE-:*
* FOR SELLER TO PROCEED, AND BEFORE ISSUING THE DRAFT CONTRACT, BUYER IS
REQUIRED TO PROVIDE THE SELLER WITH A PROOF OF FUNDS FROM TOP 25 WORLD
BANK. A CURRENT TEAR SHEET OR AN ACCOUNT STATEMENT WILL BE ACCEPTABLE. *
PROCEDURES
- THE BUYER ISSUES AN LOI OR ICPO WITH THE BANK INFORMATION INCLUDED FOR THE BANK THAT WILL ISSUE THE *BANK GUARANTEE* AND.
- SELLER WILL ISSUE THE *FCO *AND SEND BY E-MAIL TO THE BUYER; BUYER WILL SIGN, SEAL AND RETURN TO THE SELLER. BUYER WILL PROVIDE THE SELLER WITH A TEAR SHEET OR ACCOUNT STATEMENT AS AN ACCEPTABLE PROOF OF FUNDS.
- SELLER ISSUES THE DRAFT CONTRACT, BUYER RECEIVES THE DRAFT CONTRACT, REVIEWS, SIGNS, AND SEALS IT, THEN RETURNS TO SELLER BY E-MAIL, AND.
- SELLER ISSUES THE HARD COPY OF THE FINAL CONTRACT SIGNED AND SEALED AND RETURNS THE COPY BY E-MAIL IN PDF FORMAT TO THE BUYER FOR THEIR FINAL SIGNATURES. ONCE BUYER HAS RETURNED FINAL CONTRACT SIGNED AND SEALED BY E-MAIL IN PDF FORMAT TO THE SELLER, SELLER WILL THEN SEND THE FINAL ORIGINAL 4 COPIES CONTRACT SIGNED AND SEALED AND NOTHARIZES IN 4 ORIGINAL COPIES AND ALSO THE PROOF OF PRODUCT *(POP)* (NOTARIZED ALLOCATION AFFIDAVIT) TO THE BUYER ADDRESS, IN ONE ENVELOP AND BY *DHL*. BUYER KEEPS 2 ORIGINAL CONTRACTS SIGNED AND SEALED BY SELLER, AND SIGN SEAL AND NOTARIZE THE ORIGINAL OTHER 2 CONTRACTS AND SEND BACK BY DHL TO THE SELLER ADDRESS.
- THE SIGNED CONTRACT BETWEEN THE BUYER AND SELLER WHEN TRANSMITTED BETWEEN THE PARTIES IN ELECTRONIC FORMAT IS DEEMED AS ORIGINAL AND IS LEGALLY BINDING UNTIL HARD COPIES OF THE CONTRACTS ARE EXCHANGED. SELLER SHALL ISSUE 4 (FOUR) HARD COPIES TO BUYER TO BE SEALED, SIGNED AND NOTARIZED, BY COURIER. BUYER SIGNS, SEALS AND NOTARIZES THEM AND RETURNS TWO (2) COPIES TO THE SELLER, AND.
- BUYER’S BANK CREATES THE *BANK GUARANTEE* BUYER THEN WILL PROVIDE A COPY, FRONT AND BACK, OF THE BANK GUARANTEE ONCE ISSUED AND LIVE TO THE SELLER FOR VERIFICATION AND APPROVAL BY SELLER?S BANKERS. THE SELLER?S BANK AND ACCOUNT INFORMATION WILL BE PROVIDED TO THE BUYER UPON SELLER’S VERIFICATION AND APPROVAL OF THE BANK GUARANTEE *.*
- PERFORMANCE BOND **
AFTER RECEIVING THE *SWIFT MT 760* BLOCKING OF THE BANK GUARANTEE *, * FROM THE BUYER’S BANK TO THE SELLER’S BANK AND AFTER THE VERIFICATION PROCESS AND FURTHER CREDITING OF THE SWIFT MT760 IS MADE TO THE SELLER’S ACCOUNT.SELLER SHALL ISSUE A BANK GUARANTEE FROM TOP 25 WORLD BANK, 100 PERCENT CASH BACKED, IN FAVOR OF THE BUYER TO SERVE AS A PERFORMANCE BOND FOR NON-DELIVERY EQUIVALENT *TO 2% (TWO PERCENT) OF THE BUYER’S TOTAL BANK GUARANTEE* * VALUE*, VALID FOR THE 12 MONTHS AND ONE (1) DAY SHIPMENTS GOODS DELIVERY*. * THE BANK GUARANTEE SERVING AS A PERFORMANCE BOND WILL BE
PROVIDED TO THE BUYER WITHIN (10) BANKING DAYS. - SELLER WILL ASSIST BUYER OR BUYER?S REPRESENTATIVE IF REQUESTED, IF BUYER OR BUYER’S REPRESENTATIVE WISH TO BE PRESENT AT THE LOADING FOR THE FIRST SHIPMENTS, AND
- DELIVERIES OF GOODS TO THE PORT IN BRAZIL WILL COMMENCE IN STRICT COMPLIANCE WITH CONTRACT TERMS WITHIN THIRTY/FORTY FIVE (30/45) DAYS OF RECEIPT, FROM THE BUYER BANK TO THE SELLER BANK THE AUTHENTICATION, VERIFICATION OF AN ACCEPTABLE *SWIFT MT760*, AND AS PER THE SCHEDULE.
MUTUALLY AGREED AND CONTINUE AS PER SHIPPING SCHEDULE.
BUYER IS TO SUPPLY SHIPPING SCHEDULE FOR THE FIRST NINETY (90) DAYS SHIPMENTS WITHIN 10 (TEN) DAYS FOLLOWING THE SIGNING OF THE CONTRACT.
SHIPPING SCHEDULE FOR THE BALANCE OF DELIVERIES TO BE ISSUED FORTY FIVE (45) DAYS AHEAD OF THE ACTUAL SHIPMENT DATE. - AFTER THE RECEPTION, AUTHENTICATION, VERIFICATION AND FURTHER CREDITING OF THE *SWIFT MT760* TO THE SELLER’S BANK ACCOUNT, THE SELLER WILL PROCEED AND UNDERTAKE TO DELIVER THE TOTAL GOODS OF *XXXXXXXXXMT* UNDER THE TERMS OF THIS CONTRACT AS PER THE SCHEDULE OF DELIVERY HEREIN TO BE GIVEN IN *APPENDIX Nº 1* DELIVERY AS FULL SHIPPING DOCUMENTS SENT MONTHLY BY THE SELLER OF EVERY AND TOTAL 12 MONTHS GOODS SHIPMENTS.
- SELLER UNDERTAKES TO DELIVER BY *DHL*, FOR EACH DEPARTING VESSEL WITH GOODS, THE ORIGINAL OF FULL SHIPPING DOCUMENTS TO THE BUYER’S INDICATED ADDRESS, AND THIS PROCESS WILL BE FOR EACH AND EVERY VESSEL WITH GOODS ALONG FULL PERIOD OF GOODS DELIVERY.
EVERY AND EACH VESSEL SHIPPING DOCUMENTS DELIVERED TO THE BUYER, BUYER THEN UNDERTAKES TO RESPOND AND SEND A LETTER WITH THE COMPANY LETTER HEAD NAME, SIGNED AND SEALED CONFIRMING THAT HE RECEIVED SUCH DOCUMENTS INCLUDING NAME OF VESSEL, *S.G.S.* CERTIFICATES, INVOICE, B/L, AND ALL REMAINING ORIGINAL CERTIFICATES - PAYMENT TERMS **
FOR PAYMENT, THE BUYER UNDERTAKES AND INSTRUCTS THEIR BANK (*IN HONG KONG BRANCH TOP 25 WORLD BANKS) .TO ISSUE TO THE SELLER?S DESIGNATED BANK COORDINATES, BANK TO BANK VIA *SWIFT MT 760,* THE BLOCKING OF THE* BANK GUARANTEE* IN A NON-DEPLETION ACCOUNT IN THE BUYER’S BANK ACCOUNT WITH THE SELLER’S COMPANY, PINHAL COMÉRCIO E ALIMENTOS LTDA, AS THE BENEFICIARY.
(THIS PROCESS MAY BE POSSIBLE THROUGH THE USE OF AN ADMINISTRATIVE HOLD DEPENDING ON THE ISSUING AND CUSTODIAL BANK OF THE BUYER.) SUCH BANK GUARANTEE , IS TO BE IRREVOCABLE, ASSIGNABLE, TRANSFERABLE, UNCONDITIONAL, 100 PERCENT CASH BACKED, UNRESTRICTED, UNENCUMBERED HERE IN CALLED BANK GUARANTEE ,TO BE FULLY FUNDED, AND VALID FOR THE TOTAL VALUE OF THE 12 MONTHS GOODS PAYMENT, BEING FOR THE GOODS DELIVERY OFXXXXXXXXXX * MT (XXXXXXXXX METRIC TONS)*, AND VALUE OF *USD$ XXXXXXXX, DOLLARS (XXXXXXXXXXXX UNITED STATES OF AMERICA DOLLARS),* AND WITH MATURITY FOR TWELVE (12) MONTHS AND ONE (1) DAY,. UPON THE COMPLETION OF THE CONTRACT, THE BUYER SHALL INSTRUCT THEIR BANK TO DELIVER THE BANK GUARANTEE VIA *SWIFT MT 760 *DELIVERY TO THE SELLER DESIGNATED ACCOUNT AND NOMINATED BANK, OR EQUIVALENT CASH TRANSFER, NOT MORE THAN 10 (TEN) BANKING DAYS AFTER FULL CONFIRMATION OF THE TOTAL GOODS DELIVERY AS FULL SHIPPING DOCUMENTS SENT MONTHLY BY THE SELLER OF EVERY AND TOTAL 12 MONTHS GOODS SHIPMENTS. - PROOF OF PRODUCT POP
**THE PROOF OF PRODUCT WILL GO WITH THE FINAL CONTRACT SIGNED BY SELLER, SEALED AND NOTARIZED CONTRACT,THE PROOF OF PRODUCT WILL BE GIVEN BY ALLOCATION AFFIDAVIT WITH FULL AND LEGAL SELLER RESPONSIBILITY FOR DELIVERY UNDER THE PROTECTION OF THE BRAZILIAN LAW- COURT, SIGNED AND SEALED AND NOTARIZED BY FEDERAL PUBLIC NOTARY, AND LINKED TO THE CONTRACT TRANSACTION CODE NUMBER. SPECIFICATION OF THE PRODUCT AND QUANTITY TO BE DELIVERED FOR THE FIRST YEAR WILL BE DESCRIBED. THE PROOF OF PRODUCT WILL BE IN THE SAME ENVELOP OF FINAL 4 SIGNED BY SELLER CONTRACT, AND DELIVERED BY *DHL* DIRECT TO THE GIVEN ADDRESS AND NAME OF THE BUYER.