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Gypsum of Mestaoua

France

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( Negotiable ) Get Latest Price

TUNISIA

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240000 Metric Ton

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Product Specification

Brand Name : -

Product Description

COMMODITY : Gypsum of Mestaoua 
ORIGIN : TUNISIA
MIN MONTHLY QTITY : 20,000 MT with R&E x 12 months
DELIVERY : FOB ZARZIS SEAPORT TUNISIA
PACKING : In bulk (Crushed gypsum)
PAYMENT TERMS :DOCUMENTARY LETTER OF CREDIT DLC /MT700
Irrevocable, Confirmed by top 50 banks, Non-operative and auto revolving for total contract period DLC/MT700 with the amount of Two (02) months quantity value. Sellers bank issues full POP to activate DLC/MT700. Each shipment is 100% payable within 60 working days before loading via MT103.
INSPECTIONS : QUALITY & QUANTITY BY SGS OR EQUIVALENT AT SELLERS COST AT LOADING PORT & AT BUYERS COST AT DISCHARGING
SHIPMENT : FOR ALL SHIPMENTS, THE LOADING WILL START WITHIN 60 DAYS AFTER CONFIRMING AND AUTHENTOFOCATION THE PAYMENT VIA MT103 AS AGREED ON DELIVERY SCHEDULE.
 
NOMINATIVE TRANSACTION PROCEDURE:
1- BUYER FULFILLS AND SIGNS APPLICATION FORM/ICPO AND PROVIDE FRESH AND VERIFIABLE BCL BANK COMFORT LETTER" TO SHOW EVIDENCE OF THE AVAILABILITY OF THE MINIMUM COST OF TWO MONTHS FACE VALUE IN HIS/HER PAYING BANK ACCOUNT AND SEND BACK BY E-MAIL.
2- SELLER ISSUES FCO
3- BUYER COUNTERSIGNS AND RETURN THE FCO TO THE SELLER
4- SELLER ISSUES THE DRAFT CONTRACT OPEN FOR AMENDMENTS.
5- BUYER RETURNS THE DRAFT CONTRACT FULFILLED AND SIGNED.
6- SELLER SHALL VERIFY AND IF ACCEPTED SHALL SIGN AND RETURNS FINAL CONTRACT TO BUYER WITH PROFORMA INVOICE.
7- BUYER SIGNS AND RETURNS THE PROFORMA INVOICE WITH THE DRAFT DLC.
8- BOTH PARTIES SHALL LODGE THE EXECUTEDCONTRACT WITH THEIR RESPECTIVE BANKS.
9- SELLER ALLOWS BUYER AND HIS INSPECTION TEAM TO MAKE PHYSICAL VISIT AND ANALYSIS
10- WITHIN MAXIMUM 15 BANKING DAYS UPON CONTRACT SIGNATURE, BUYER'S BANK ISSUES DLC/MT700 IRREVOCABLE, CONFIRMED BY TOP 50 BANKS,NON-OPERATIVE AND AUTO-REVOLVING FOR TOTAL CONTRACT PERIODWITH THE AMOUNT OF TWO MONTHS QUANTITY VALUE.
11- SELLERS BANK ISSUES TO BUYERS BANK FULL P.O.P WITH PERMIT OF EXPORT AND CORPORATION CERTIFICATE TO ACTIVATE THE DLC/MT700.
12- DLC/MT700 SHOULD BE ACTIVATED IMMEDIATELY AND AUTOMATICALLY AFTER RECEIPT OF FULL POP FROM SELLERS BANK.
13- WITHIN MAXIMUM 10 BANKING DAYS AFTER RECEIPT OF POP, BUYER INTSTRUCTS HIS BANK TO PAY SELLER VIA MT103 FOR THE AMOUNT OF NEXT SHIPMENT VALUE.
14- WITHIN MAXIMUM 60 WORKING DAYS AFTER RECEIPT AND AUTHENTIFICATION OF MT103 SHIPMENT COMMENCES ACCORDING TO LOADING SCHEDULE.
15- SELLERS BANK ISSUES TO BUYERS BANK FULL SHIPMENT DOCUMENTATION AT LOADING PORT.
16- SUBSEQUENTLY MONTHLY SHIPMENT CONTINUES AS PER TERMS AND CONDITIONS OF THE SALES AND PURCHASE AGREEMENT BETWEEN SELLER AND BUYER.
Gypsum of Mestaoua

Contact Us

Contact Person : Leila

Company:TEX Med

Address:France,

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Leila < TEX Med >
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