Gost 28177-89/ 9941 81
QUANTITY: Minimum 4000 Maximum 4000 MT Annual contract
CONDITION OF DELIVERY: CIF/FCA/FOB/
TERM OF PAYMENT: L/C, BG, MT103, T/T
FIXED PRICE: USD $5185/CIF per MT
Commission: USD5.00 per Kilogram (buyer side)
TERM OF TRADE: The term of trade is strictly C.I.F, NO UP-FRONT PAYMENT of any kind; we prove the commodity; we provide the logistic; we run the finance and taxation; we bear the risk and insure the transaction; we deliver directly to your farm/tanker.
OPERATIONAL TRADING PROCEDURE
1. Buyer issues a formal purchase order /BCL with authorization to soft probe, confirming RWA to trade with our operational procedure/requirements and sign this FCO
2. Both companies verifies authenticity of each other’s corporate license, banking detail, taxation Code and/or passport as identification with right to soft probe authorization within 3 banking days.
3. Seller issues haulage & storage Agreement, up to date photo/video of product and product certifications.
4. Seller sends draft Contract and commercial invoice to be evaluated and signed by buyer. (The electronic version will be notarized and confirmed binding, legal and operational)
5. Both party and their bank open direct window of communication/possibly TTM in Moscow.
6. (a) Buyer’s bank open SBLC or MT700/MT103-23 (as may be agreed) immediately after title document is verified; And/or (b) Both party opens joint collateral trust fund in escrow or title company against un-insured cost of expediting the merchandise.
7. Seller transfer title of Ownership and bill of lading to buyer. 8. Full delivery commence as schedule in terms with contract condition.