Selling Maize Corn - Tunisia (Autre)

Commodities : Maize / Corn (White and yellow, GMO and non GMO)
 Origin: Brazil
 Certification: Phytosanitary, Health Certificate, Halal and SGS
 Currency: United States Dollars (USD)
 Packing: 50 KG bags New Polypropylene (PP) with polyethylene (PE) liner with two 2% percent
extra bags free of charges each shipment.
 Inspection: SGS at loading port at seller s expense
 Payment: 100% Irrevocable Transferable and Confirmed DLC at Sight payable via MT103 at
Loading
 Delivery time: 15 to 40 Days

Procedure :

Buyer issues the LOI and allowing a soft probe or issuing LOI and BCL
2. Seller issues an FCO
3. Buyer signs, stamps and returns the FCO with POF (Proof of Fund) BCL Bank to Bank
4. Seller issues Draft Contract which both Seller and Buyer sign after amendments if any. Hard
Copies are also exchanged and respectively lodged with both buyer and seller s banks.
5. Buyer s bank issues a 100% Irrevocable, Transferable and Confirmed Documentary Letter of
Credit (DLC) payable at Sight via MT103.
6. Seller s bank notifies Seller of Instrument reception and its validity and process with the
vessels loading
7. Buyer s Bank pays for the delivery by MT 103, against BL and shipping documents at Loading Port.
8. Delivery starts as per the delivery schedule in the contract