CANE SUGAR ICUMSA 45 RBU – BRAZIL ORIGIN

    HS Codes 17019100 : HS Classifcations of Refined sugar containing added flavouring or colouring matter. Harmonized System Codes of Chapter Sugars and sugar confectionery. : Sugars and sugar confectionery.

    SpecificationIcumsa 45 Specifications

    A PAYMENT GUARANTEE MUST BE PROVIDED FOR ONE MONTH’S PRODUCT PRICE. PAYMENT METHOD MUST BE AS FOLLOWS.
    BY IRREVOCABLE, CONFIRMED AND FULLY CASH-BACKED MT760 BG (SAMPLE)

    PAYMENT METHOD ALTERNATIVE 1

    • AFTER CONTRACT, BEFORE LOADING, BUYER ISSUES MT 760 BG (BANK GUARANTEE, 100% CASH BACKED)) THE SELLER CHECKS WITH HIS BANK AND CONFIRMS THE RECEIPT
    • SHIP LOADING STARTS ACCORDING TO THE LOADING SCHEDULE.
    • AFTER LOADING IS COMPLETED, THE BUYER PAYS 100% AGAINST THE SHIPPING DOCUMENTS VIA MT103 AT THE LOADING PORT WITHIN 24 HOURS,.
    • AFTER PAYMENT PROCEDURES AND B/L TRANSFER, THE VESSEL GO TO THE DISCHARGE PORT.
    • CONSECUTIVE SHIPMENTS WILL ALSO BE PAID AGAINST ALL ORIGINAL SHIPPING DOCUMENTS AND COMMERCIAL INVOICE WITHIN 24 HOURS VIA MT103 AT THE LOADING PORT.

    PAYMENT METHOD ALTERNATIVE 2

    • AFTER THE CONTRACT, BEFORE LOADING, THE BUYER SENDS THE FULL AMOUNT OF THE PROFORMA INVOICE TO THE SELLER’S BANK AS MT 103/72 BLOCKED FUNDS. THE SELLER CHECKS AND APPROVES THE MT 103/72 BLOCKED FUNDS IN HIS BANK.
    • LOADING STARTS.
    • AFTER THE LOADING IS COMPLETED, THE ORIGINAL OF THE INSPECTION CERTIFICATE AND ALL DOCUMENTS RELATED TO LOADING ARE SENT TO THE BUYER’S BANK. THE DOCUMENTS ARE CONFIRMED BY THE BUYER. THE BLOCKAGE IS LIFTED AND MT103 TT IS RELEASED WITHIN 72 HOURS MAX.
    • AFTER PAYMENT PROCEDURES AND B/L TRANSFER, THE VESSEL GO TO THE DISCHARGE PORT.
    • CONSECUTIVE SHIPMENTS WILL ALSO BE PAID AGAINST ALL ORIGINAL SHIPPING DOCUMENTS AND COMMERCIAL INVOICE WITHIN 24 HOURS VIA MT103 AT THE LOADING PORT.

    PAYMENT METHOD ALTERNATIVE 3

    • BY IRREVOCABLE, NON-OPERATIVE, TRANSFERABLE, DIVISIBLE AND CONFIRMED LETTER OF CREDIT (L/C) 100% PAYABLE AT SIGHT (PORT OF LOADING) – L/C MUST BE OPENED AND CONFIRMED BY FIRST CLASS INTERNATIONAL BANK.
    • L/C BECOMES ONLY OPERATIVE WITH 2% PBG.
    • AFTER LOADING IS COMPLETED, MT103 TT CASH AGAINST DOCUMENTS AT THE LOADING PORT.
    • AFTER PAYMENT PROCEDURES AND B/L TRANSFER, THE VESSEL GO TO THE DISCHARGE PORT.
    • CONSECUTIVE SHIPMENTS WILL ALSO BE PAID AGAINST ALL ORIGINAL SHIPPING DOCUMENTS AND COMMERCIAL INVOICE WITHIN 24 HOURS VIA MT103 AT THE LOADING PORT.
    • THE LETTER OF CREDIT MUST CONTAIN ;

    49: CONFIRMATION INSTRUCTIONS,  ITEM MUST BE

    CONFIRMED.

    OTHERWISE THE TRANSACTION WILL BE CANCELED.

    DOCUMENTS REQUIRED:

    • BENEFICIARY SIGNED AND STAMPED COMMERCIAL INVOICE IN ONE ORIGINAL AND 3 COPIES ORIGINAL INVOICE MUST BE CERTIFIED BY THE CHAMBER OF COMMERCE.
    • FULL SET OF 3 ORIGINAL AND 3 COPIESCLEAN ON BOARD”MARINE/OCEAN BILL(S) OF LADING MADE OUT TO APLICANT NAME AND ADDRESS NOTIFY APPLICANT AND MARKED’ FREIGHT PREPAID”.
    • SEPARATE CERTIFICATE OF ORIGIN IN ONE ORIGINAL AND 3 COPIES ISSUED AND OR CERTIFIED BY THE CHAMBER OF COMMERCE AND STATING THAT GOODS ARE OF BRAZIL ORIGIN.
    • PACKING LIST IN ONE ORIGINAL AND 3 COPIES SHOWING NO OF BUNDLES AND THE CONTENTS OF EACH BUNDLE CERTIFYING STANDARD SEAWORTHY EXPORT PACKING.
    • 3 COPIES OF SIGNED PACKING LIST WITH FULL DETAILS SHOWING DESCRIPTION AND QUANTITY OF GOODS DELIVERED.
    • CERTIFICATE OF ORIGIN ISSUED BY S.G.S. AND INSPECTION CERTIFICATE OF WEIGHT AND QUALITY, ISSUED BY SOCIETE GENERALE DE SURVEILLANCE (S.G.S.) AT PORT OF LOADING SHOWING, QUALITY AND QUANTITY SHIPPED EVIDENCE THAT GOODS ARE IN FULL CONFORMITY WITH SPECIFICATIONS AND CONDITIONS MENTIONED IN PRESENT AGREEMENT (CONTRACT) (ONE ORIGINAL AND 3 COPIES)
    • PERFORMANCE BOND OF 2 PER CENT WILL BE ISSUED AGAINST NON-OPERATIVE DL/C.
    • INSURANCE POLICY OR CERTIFICATE COVERING ATLEAST 110 PERCENT OF THE INVOICE VALUE AGAINST INSTITUTE CARGO CLAUSES (ALL RISKS), WAR, S.R.C.C. THEFT PILFERAGE AND NON DELIVERY, SHORT SHIPENT WITH CLAIMS PAYABLE AT TURKEY. SETTLING AGENT’S NAME AND ADDRESS MUST BE INDICATED (ONE ORIGINAL AND 3 COPIES)