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Makilservice

(1.3)
Supplier From Italy
May-25-11
Supplier : Sugar, wheat, rice, cement

Established: 2001

Verification Status

Contact Details:
Corso Ausugum99
Borgo Valsugana 38051
Italy
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Supplier Of Cement   |   Sugar   |   Wheat   |   Rice

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Below present our general procedures for the purchase and sale of sugar of Brazilian origin:
1- Buyer issues a Letter of Intention (LOI) addressed to Seller;
2- Seller issues a Soft Corporate Offer (SCO);
3- If Buyer accepts SCO, signs and seals SCO and then sends to Seller;
4- Seller issues Full Corporate Offer (FCO);
5- Buyer signs and seals FCO and issues an Irrevocable Corporate Purchase Order (ICPO), addressed to Seller;
6- Seller issues draft of Sale and Purchase Agreement (SPA) to be discussed and commented;
7- SPA is signed by Seller and Buyer;
8- Buyer issues draft of the Payment Instrument (SBLC/DLC) for approval by Seller�´s Bank;
9- If Seller�´s Bank accepts, Buyer issues the bank guarantee (SBLC/DLC);
10- Seller issues Performance Bond (PB) 2%;
11- Seller prepares the product and export documents;
12- Buyer receives the export documents by mail;
13- Buyer makes payment 100% to Seller ´s Bank through transfer bank (Swift Message MT-103);
14- Shipping;
15- Seller sends the original export documents to Buyer;

Please contact for full specs on quantities, delivery terms, etc...

NOTES:
The financial instrument (SBLC / DLC) must be issued by the Top 50 Bank in the world ranking.
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Services: Sourcing

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Verification Status

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