Product Description

Only Authentic, Committed and Professional Buyers or Local Trading Partners shall be replied to. Min. order of ****0MT per month. We, at Kadra, are committed to our sworn process of executing the following business procedure:

*PRE-STEP: KADRA MARKETING TEAM AND BUYER SHALL HOLD FACE-TO-FACE DISCUSSIONS TO GAIN AGREEMENT ON TERMS OF PRICE AND CONDITIONS PRIOR TO EXECUTION OF KADRA'S BUSINESS PROCESS FOR SUGAR.

STEP 1: BUYER ISSUES THE ICPO (IRREVOCABLE CORPORATE PURCHASE ORDER).

STEP 2: SELLER ISSUES SCO (SOFT CORPORATE OFFER) TO BUYER AFTER RECEIVING ICPO.

STEP 3: BUYER’s BANK ISSUES BCL (BANK COMFORT LETTER) + SIGNED NCNDA (NON-CIRCUMVENTION, NON-DISCLOSURE & WORKING AGREEMENT) TO THE SELLER.

STEP 4: SELLER ISSUES DRAFT FCO (FINAL CONTRACT + CIF) CONTRACT TO BUYER.

STEP 5: BOTH PARTIES REVIEW AND SIGN THE FINAL CONTRACT/CIF AND DEPOSIT THE CONTRACT TO THEIR DESIGNATED BANKS.

STEP 6: BUYER’s BANK SENDS MT**9 AS POF (PROOF OF FUND) TO SELLER’s BANK.

STEP 7: SELLER’s BANK ISSUE CREDIT REPORT & POP (PROOF OF PRODUCT) TO THE BUYER’s BANK. SELLER ISSUES PROFORMA INVOICE TO THE BUYER FOR INITIATING BANK LC (LINE OF CREDIT) OR ARDLC, DEPENDING ON SINGLE OR MULTIPLE SHIPMENTS.

STEP 8: BUYER OPENS LC OR AGREED ARDLC (Auto Revolving Documentary Letter of Credit) FINANCIAL INSTRUMENT TO THE SELLER’s BANK.

STEP 9: SELLER ISSUES OPERATIVE 2 % PB (PERFORMANCE BOND/GUARANTEE) ON SHIPMENTS VALUE.

STEP*0:
- SHIPMENTS START UPON AFOREMENTIONED STEPS EXECUTION, WITHIN *0 TO *5 DAYS.
- SELLER SHALL ALLOW INSPECTION BY SGS FOR QUALITY & QUANTITY. SELLER SHALL ALSO BUYER'S AGENT OR 3RD PARTY INSPECTION PARTY TO INSPECT.
- UPON LOADING OF PRODUCT AT PORT OF ORIGIN a "Standard SGS Quality of Certificate" WILL BE ISSUED.

*Please note all prices that are replied with are CIF based.