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    SOP For Sugar ICUMSA 45, 150 - 28 JUN 24

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    Luis Frank
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    SOP For Sugar ICUMSA 45, 150 - 28 JUN 24

    Uploaded by

    Luis Frank
    96 views3 pages
    Azúcar para exportar

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    SOP for Sugar ICUMSA 45, 150 - 28 JUN 24

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    96 views3 pages

    SOP For Sugar ICUMSA 45, 150 - 28 JUN 24

    Uploaded by

    Luis Frank
    Azúcar para exportar

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    J&N INTERNATIONAL (S) PTE LTD

    COMPANY REGISTRATION NUMBER: 202010844W


    SOFT CORPORATE OFFER

    Effective on JUN 28 2024. Price may change at times.

    SOP for Sugar ICUMSA-45, ICUMSA-150 Transaction.

    Quantity & CIF price

    SBLC TRANSFERABLE DLC NON TRANSFERABLE/TRANSFERABLE, DIVISABLE,


    +MT103 TT PAYMENT AT LOADING IRREVOCABLE PAYMENT AT LOADING

    12.500 X 12 - $415 12.500 X 12 - $425


    25.000 X 12 - $405 25.000 X 12 - $415
    50.000 X 12 - $395 50.000 X 12 - $405
    100.000 X 12 - $385 100.000 X 12 - $395
    200.000 X 12 - $375 200.000 X 12 - $385
    300,000 x 12 - $365 300,000 x 12 - $375
    500.000 X 12 - $355 500.000 X 12 - $365
    1.000.000 X 12 - $350 1.000.000 X 12 - $360

    Notes:
    1. ABOVE Prices are for transferable SBLC + MT103 TT Payment payable at Loading Port.
    2. Non-transferable SBLC add $5/MT
    3. Destination port Payment is applicable base on SBLC TRANSFERABLE & ONLY for specific countries
    4. Destination port payment is required to add $15/MT to the above Price.
    5. Mark up 50/50 share with the seller company (SBLC ONLY)
    6. Trial (Separate SPA with 12mth contract) or SPOT Order requires $35/MT addition to the above Price.

    Additional information:
    Destination Port Payment Require 2 shipment face value Payment Guarantee for SBLC at sight and within 7 days after CIQ at
    destination. Loading Port Payment needs only ONE shipment face Value Guarantee.
    J&N INTERNATIONAL (S) PTE LTD
    COMPANY REGISTRATION NUMBER: 202010844W
    Procedure for SBLC Payment Terms:
    1. NCNDA BETWEEN SM TO BM
    2. BM SUBMIT BUYER CIS/KYC, IMPORT LICENSE & SBLC BANK DETAILS
    3. ICPO +POF (RWA/BCL/Bank Statement) from the buyer and Seller issues SPA for review
    4. SPA signed and if required NCNDA signed.
    5. Seller provides GACC number with SPA and CNPJ after signing SPA for Buyer’s confidential review. Redacted/sanitized past
    Performance after signing SPA / POF is submitted.
    6. Seller’s Financial Company’s required SBLC verbiage -Buyer reviews SBLC verbiage.
    7. Buyer and Seller agree to SBLC verbiage.
    8. The Buyer issued Pre-Advise MT 799 to the bank designated by the Seller within 3 (three) Business days of signing the SPA.
    a) The Seller confirms receipt of MT 799
    b) Seller’s bank signs and returns MT799.
    c) The Buyer's bank issues MT 760 SBLC to the Seller's designated bank.
    9. MT760 is confirmed.
    10. With the Buyer's SBLC MT760 verified and operational funding in place, then The seller provides 2% PB to the buyer's account.
    11. Seller begins shipment by SPA.
    12. With each shipment, the Buyer pays MT103 (TT) for the shipment according to the details provided in the Seller’s Commercial
    Invoice (CI) base on SPA condition.
    13. The Buyer will pay the CI in total within three (3) banking days to the Seller.
    14. With the Seller receiving the total payment as detailed in the CI, the Seller via an MT103 (TT), the Seller transfers the title of
    ownership of the goods to the Buyer or Buyer’s representative.
    J&N INTERNATIONAL (S) PTE LTD
    COMPANY REGISTRATION NUMBER: 202010844W
    Procedure for DLC:
    1. NCNDA BETWEEN SM TO BM
    2. BM SUBMIT BUYER CIS/KYC, IMPORT LICENSE & SBLC BANK DETAILS
    3. The Buyer sends LOI /ICPO
    4. The Seller sends FCO to Buyer
    5. The Buyer signs and reverts FCO to Seller along with ICPO
    6. The Seller sends Draft of SPA to Buyer
    7. The Buyer reveiws and reverts signed SPA to Seller along with draft DLC
    8. The Seller reviews and if acceptable, signs and reverts to Buyer along with Proforma Invoice
    9. Buyer and Seller lodge SPA respective banks as mutually agrees in the contract
    10. After approval of Draft DLC the Buyer opens Operative confirmed DLC MT700 to seller account
    11. After acceptance of confirmed, operative DLC MT 700, seller opens 2% PB to buyer account within 10-14 days (No PB
    applicable for trial)
    12. Seller starts the process and will be complete the shipent within the stipulated period as mutually agreed in the SPA.
    13.Buyer will release 100% payment against SGS documents at loading port within 3 days via MT 103 to seller bank account

    Subsequent shipments will follow the same procedure in time and routine.
    Documents sent with the shipment:
    Commercial invoice
    Full set of Clean on Board
    Loading report issued by SGS in Original
    Sampling of bulk shipment report and build shipment test report
    Certificate of origin
    Quality and weight certificate
    Packing list
    Phytosanitary certificate
    Covid certificate
    GACC certificate

    NOTE: GACC / CPNJ Number can be advise during SPA draft or after DLC is issued. Past Performance / POP docs will be shown
    against POF after SPA is signed.

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