Quantity 3 Million tons Quote 256 usd INOTERMS CIF AWSP Payment FFSBLC or Swift MT103 or MTN PRODUCT Physical Soybean Grade # 2 ? NON GMO SPECIFICATION Soybean Grade # 2 ? NON GMO, SHALL CONFORM WITH THE FOLLOWING SPECIFICATIONS AND/OR INTERNATIONAL STANDARD SPECIFICATIOS, FIT FOR HUMANCOMSUMPTION: PACKING Bulk ORIGIN Brazil INPECTION By Societ? Generalle de Suveillance (SGS) on Buyer?s expenses. PROCEDURES 1. Buyer issues the ICPO (this document), duly signed and send to Sellers with the RWA Letter issued by Buyer?s bank; 2. Seller issues the Contract to Buyer with full Bank Coordinates 3. Buyer will sign the Contract after receipt and send e-mail to Seller within maximum 24 hours after the date of issuance. These e-mails copies will have full legal rights. If in the Contract, no changes were made by the Buyer, Seller shall countersigns and return to Buyer. 4. Seller shall issue and send signed hard-copies to Buyer in order to sign accordingly, but this administrative procedure should not uphold the opening of FFSBLC. 5. Buyer?s bank issues the FFSBLC to Seller?s bank. In response Seller?s bank issues POP (proof of Product) within 24 banking hours after Buyer?s bank confirm to Seller?s bank that the FFSBLC IS opened. 6. Additionally and immediately after the issuance of the POP, within maximum six (6) banking hours Buyer?s bank activates and turn operational the FFSBLC. 7. Buyer and Seller, with maximum of one representative of each and together with SGS inspectors, will close Seller?s warehouse/silos with soybeans. 8. Buyer?s representative signs as witness all documents presented, including SGS certifications. 9. Seller presents the above signed documents through e-mail to Buyer?s bank which pays to Seller?s bank the total amount of Contract Value within 24 banking hours after its presentation.
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