Cement, Sugar and UREA

We are a reseller of Cement, Sugar and UREA with direct contact of the producers and can offer different types of the products. Therefore is it important that we receive a specification of the product quality that is required from you or the buyer to make sure we are talking about the right product with the right specification from the beginning.

To insure that we only concentrate on real buyer's needs, please consider the Purchase Procedures below and that this are accepted. We will only reply to request for commodities if you have an up to date and valid LOI with verifiable banking information and a BCL. Unfortunately a LOI alone without a BCL is not sufficient to start a FCO transaction. Our experience is that a lot of LOI's that came to us without a BCL have turned out to be a waste of time for everyone involved and we don’t have the time for that.

 

PROCEDURES AND TERMS.

1.           The Buyer issues an Irrevocable Corporate Purchase Order (ICPO) or an Irrevocable Letter Of Intent (LOI). 

2.            The Seller issues a draft Contract to the Buyer. 

3.           The Buyer returns revised draft Contract to the Seller via, fax or email.

 

4.           The Seller reviews and confirms any changes made in draft Contract by the Buyer. If the Seller agrees to the changes made by Buyer, the Seller issues the final Contract via fax or email.

 

5.           The Buyer returns the final agreed Contract duly signed and sealed via email or fax.

 

6.           The Seller will then scan the fully signed, sealed and initialed Contract and email or fax the soft copies to the Buyer.

 

7.           The Seller will issue to the buyer three (4) original hard copies of the Contract via courier to Buyer’s address as stated in the Contract.

 

8.           Immediately upon receiving the Seller’s signed and sealed hard copies of the Contract via Courier the Buyer will personally sign and seal the 4 Hard Copies and return two (2) originals by courier to the Seller.

 

9.           The Buyer will then, within four (4) banking days of signing the Hard Copies, open an acceptable operative payment instrument to the Seller’s bank in exchange for Proof of Product (POP) supplied within four (4) banking days Bank to Bank.  Soon after receipt of acceptable payment instrument into Seller’s Bank BS AND/ OR EN 197 OR ASTM 150C Certificate/s will be produced also Bank to Bank for authentication.  Non-authentic BS AND/ OR EN 197 OR ASTM 150C documents will make this Contract Null and Void.

 

10.       The Seller will, within 14 working days of receipt of an acceptable operative payment instrument, provide the Financier with a 2% Performance Bond against confirmed value of each shipment.

 

11.       Shipping of the cement will commence within forty-five (45) days from date of Seller’s receipt of the acceptable operative payment instrument.