Description

High sea sugar ic*5 avaiable Deliver in *0 to*4 days to Arab ports Ships of *5k every week After loi+bcl and signed contract the ship information is sent. After swift mt**3 all ship docuemnts are sent. Procedures: High sea sugar procedures: 1. buyer issues LOI + bcl. 2. the buyer shall within *4 hours of the date of contract issue its conditional **9 swift ( the text of swift **9: Is to be mentioned in annexure ) by a top **0 prime world bank and acceptable to the seller in the amount of us dollars equivalent to the value of 1 shipment. 3. upon the receipt of swift MT **9 in his bank, the seller posts in the buyers bank and full bundle of (sgs, b/L etc) documents within one international banking day. 4. buyer issues the non operative BG ( with indication of vessel name ) to sellers bank within one international banking day. 5. seller upon the receipt of the non operative BG in his bank posts 2% pbg which automatically makes payment active. 6. the BG payment is being released. Fro information xxxxx