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Real Thai Sugar Export
Real Thai Sugar Export Mitr Phol, TRR, Brazil Sugar form Thailand
How To Order
Procedures for Sugar Export Spot:
- Buyer issues ICPO and BCL (ICPO endorsed by bank officer)
- Seller approves ICPO and sends the Draft Contract
- Buyer // Seller sign the Contract
- Buyer opens non-operative SBLC or MT 103 to seller bank
- Seller issues POP to turn operative the financial instrument
- Shipments starts as per contract terms.
Procedures for Sugar Export Contracts:
- Buyer issues LOI and BCL
- Seller issues FCO
- Buyer returns FCO signed / stamped
- Seller approves and sends the Draft Contract
- Buyer // Seller sign the Contract
- Buyer opens non-operative BG or SBLC to seller bank
- Seller issues Performance Bond Guarantee 2% and POP to turn operative the financial instrument
- Shipments starts as per contract terms.
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