SugarGold Export

Edible refined sugar, straight from Brazilian mills. We deliver CIF to any port in the world, except those of countries at war.

PURCHASE PROCEDURE

1- BUYER ISSUES I.C.P.O. (Irrevocable Business Purchase Order) WITH COPY OF THE PASSPORT. + R.W.A. (Proof of Funds or BCL). (validity of this question for response, up to 72 hours)

2- THE SELLER SENDS FCO (Complete Corporate Offer) TO THE BUYER FOR POSSIBLE ADJUSTMENTS AND CORRECTIONS. (If the buyer chooses to submit the POF in the item above, the seller submits the FCO with the POP-(Product Proof).

3- SELLER ISSUES THE DRAFT OF THE CONTRACT TO THE BUYER.

4- BUYER RETURNS DRAFT OF THE CONTRACT SIGNED, STAMPED, SCANNED BY E-MAIL AND WILL BE CONSIDERED LEGAL UNTIL COPIES ARE EXCHANGED.

5- SELLER ISSUES THE COMMERCIAL INVOICE.

6- BUYER SENDS DRAFT LETTER OF CREDIT

7- SELLER RETURNS THE DRAFT LETTER OF CREDIT WITH POSSIBLE CHANGES.

8- THE BUYER'S BANK ISSUES THE L/C, S.B.L.C. OR B.G. AS COLLATERAL FOR ONE MONTH AND SENDS IT TO THE SELLER'S BANK. THE BANKING INSTRUMENT MUST BE IRREVOCABLE, TRANSFERABLE, DIVISIBLE, OPERATIVE AND REVOLVING IN THE BANK. THE REQUIRED BANK WILL BE TOP 50. ( https://accuity.com/resources/bank-rankings/) CASH PAYMENT ACCORDING TO PRESENTATION OF SHIPPING DOCUMENTS. (B/L + SGS).

9- AFTER THE BANK INSTRUMENT IS OPENED, THE SELLER'S BANK SENDS TO THE BUYER'S BANK A (PB) PERFORMANCE BOND OF 2% IN THE VALUE OF A SHIPMENT AND (POP) PROOF OF THE PRODUCT.

10- THE BUYER WILL RECEIVE AN INVITATION LETTER TO ACCOMPANY THE SHIPMENT AT THE PORT.

11- WITHIN 30/40 DAYS THE SHIP WILL BE LOADED.