|Call Yobo has ICUMSA45 RBU from Brazil it is as follows. |
1. 25,000MT to 999,000MT per year is $240 per MT
2. 1,000,000MT and above per year is $180 per MT
Call Yobo s Procedures are as follows;
We are a reputable company dealing in ICUMSA 45 Sugar from Brazil. Call Yobo works accordingly to the ICC 500 Rules and Regulations as a safe guard for our clients as well for Call Yobo.
Our prices are currently below the market value and we would like to assist you in satisfying your clients needs.
We at Call Yobo would really like to assist you in your requirement for sugar ICUMSA 45.
Just remember all sugar transportations close on the 6 of December 2006.
For Call Yobo to continue we will need for you to follow our procedures as per the ICC500 stated below:
a. Buyers mandate will issue a LOI addressed to Sellers mandate within the same terms including banking details and authorization for soft probe or with attached BCL.
b. Sellers and Buyers Mandates will sign NCND Agreement.
c. Seller replies to LOI with an official letter to Buyer informing his bank in order that Buyers bank can SWIFT to Sellers bank, proof of Buyers financial capability.
d. After receipt of bank SWIFT stating Buyers financial capability, Sellers Bank will provide Buyers Bank by SWIFT all information of assets represented, stating Insurance and Reinsurance by Triple A company, CETIP number and EUROCLEAR ISIN and CUSIP codes.
e. Buyer starts due diligence to verify validity and authenticity of CPRs.
f. Seller and Buyer sign contract and FPAs.
g. Buyer provides payment instrument as per contract.
h. After the verification of documentation, Buyers bank pays Seller as per Contract
i. After Seller has received the payments, Bank to Bank, the delivery of assets will start on behalf of BUYER.
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