How To Order Thai Sugar

How To Order

 
Procedures for Sugar Export Spot:
– Buyer issues ICPO and BCL (ICPO endorsed by bank officer)
– Seller approves ICPO and sends the Draft Contract
– Buyer // Seller sign the Contract
– Buyer opens non-operative SBLC or MT 103 to seller bank
– Seller issues POP to turn operative the financial instrument
– Shipments starts as per contract terms.
Procedures for Sugar Export Contracts:
– Buyer issues LOI and BCL
– Seller issues FCO
– Buyer returns FCO signed / stamped
– Seller approves and sends the Draft Contract
– Buyer // Seller sign the Contract
– Buyer opens non-operative BG or SBLC to seller bank
– Seller issues Performance Bond Guarantee 2% and POP to turn operative the financial instrument
– Shipments starts as per contract terms.