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Hello sir

Below received from the agent in Dubai

TRANSACTION WORKING PROCEDURE - FOB FUJAIRAH TTT AN-03:4-1

1. Buyer issues ICPO containing the seller's procedure with banking details and scanned copy of buyer's passport along with (TSA) Tank Storage Agreement (TSA) from buyer Logistic

2. Seller issues Commercial Invoice (CI) for the available products in Tank at the Port, for Buyer's review and endorsement and return for legalization on seller's expenses.

3. Seller logistics team verify the buyer provided tank farm agreement and pay 4 days first on buyer tank farm and after confirmation of the funds by buyer tank farm, Buyer pays the remaining 1 days to his Tank Farm Company to obtain 5 Days TSR, to show both parties proof of readiness.

Seller provides below documents to the Buyer:
a) Product Quality Passport (Dip Test Result)
b) Statement of Product Availability
c) Certificate of Origin of Product
d) Injection Report
e) Dip Test Authorization letter (Unconditional) DTA
f) Authorization to Sell & Collect ATS
g) Fresh SGS Report (Not Older Than 48 hrs.)
h) Authorization to Verify the product in seller Tank ATV
i) Export license

4. The Buyer Conducts Dip Test of the product in the seller's reservoir.

5 Buyer provides Authority to Inject (ATI) from its Logistic Company to enable seller â??commence Injection of Product into the Buyer's Tank.

6. Within Twenty - Four (24) Hours upon completion of the Injection, buyer make payment for the total cost of the product injected into buyers tank by TT wire transfer to sellers nominated bank account.

7. Buyer lifts products and all intermediaries are paid; Seller and Buyer consider and signs further contracts after successful Transaction.

NOTE: If Buyer At Any Stage Of The Procedure Is Expected To Pay To Activate His Storage With A 1 Or 2-day Tsr With His Storage Company, Seller Will Provide An Irrevocable Undertaking To Reimburse Buyer For All Costs In The Event That No Verifiable Product Is Forthcoming.
Mar-28-17

Sugar Brazil

$220 - $385
MOQ: Not Specified
Supplier From Calgary, Alberta, Canada
 
Please for direct realdirect buyers or mandate /rep only

Sugar   icumsa 45, march, 2017  price (cif aswp) list and procedure
Payment terms (only):  sblc mt 760


12, 500 mt x 12 months 360.00 -   spot 385.00
25, 000 mt x 12 months  $ 340.00 -   spot 365.00
50, 000 mt x 12 months 310.00 -   spot  $ 345.00
100, 000 mt x 12 months $ 285 00 -  spot  $ 320.00
150, 000 mt x 12 months $ 260.00     spot  $ 300.00
200, 000 mt x 12 months $ 240.00     spot  $ 280.00
300, 000 mt x 12 months $ 220.00 -   spot  $ 260.00

Pay attention: * sblc must be issued or confirmed by top 50 bank


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Aug-28-20
Supplier From Calgary, Alberta, Canada
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