Commodity Business
4. Within Five (5) banking days of signed Contract,
the Buyer issues a IRDLC and/or SBLC and /or BG covering the value of one month
shipments valid for 13 months Bank to Bank. The Seller issues an
operative Performance Guarantee for the value of 2% of the monthly
shipments Bank to Bank.
(The Bank Instrument have to be issued by an acceptable Bank by the Seller.)
5. The Non-operative Bank Instrument becomes operative after the receipt of the operative Performance Bond automatically.
6. Shipments commence as per the terms, conditions and the shipment schedule of the signed contract.
We offer:
• Delivery: CIF (Cost, Insurance, Freight)
• Ship sizes: 12,500mt / 25,000mt / 50,000mt
• Shipments: Spot and yearly Shipments
• Ship sizes: 12,500mt / 25,000mt / 50,000mt
• Shipments: Spot and yearly Shipments