GENERAL TERMS

Terms and procedures may and do vary when dealing with different types of commodities and sellers.  However, our general rules do apply and are listed below:

FORMS I DOCUMENTATION

(CLICKS THE FORMS TO DOWNLOAD) ICC WARNING LETTER I NCNDA I LOI

GENERAL TERMS I PROCEDURES

1. Prices, terms, and procedures are subject to change without notice.

2. All documents must be on the buyer's official company letterhead, and include information such as: company name, address, telephone/fax number, company registration number, etc. and MUST be signed by an accredited manager duly representing the company.  Any documents which do not conform to these requirements will be ignored and deemed invalid

3. We require all buyers to sign an ICC Warning Letter, as well as NCNDA (non-circumvention non-disclosure agreement).  See the bottom of the page to download a copy if you do not have one already.

4. An official Letter Of Intent, or "LOI", from the buyer's company is required.  This LOI must include full company information including banking information.  If you don't have an LOI prepared, please Click Here to download our standard format.

5. We require every company that intends to purchase have the financial capability before engaging in any serious negotiations.  Therefore, we ask that you submit a Bank Comfort Letter, or "BCL", or a Ready, Willing, and Able Letter, or "RWA", with your LOI or ICPO.  These documents are not difficult to obtain from your bank, and will prove your willingness to purchase.  

6. Prices and terms are for elaboration but NOT for negotiation.  We DO NOT work to buyer's procedures.

7. Our offers are CIF ASWP or as mentioned otherwise.  Some destinations (including all dangerous ports) do require a surcharge, and any non-ASWP pricing needs to be confirmed with our partnered suppliers.  Our prices are based on real production and shipping costs.  To reduce agricultural goods' costs, buyer needs to issue BG/SBLC for quantity, value requested by seller, which is one month.

8. The Seller will issue the Proof of Product (POP) to the Buyer's Bank via MT799 after acceptance of the payment instrument. Since the product has not yet been produced, POP documentation establishes that the Seller is not only qualified, but capable, experienced and licensed to sell and export their respective products. This verifies that the Seller has both the physical and the legal ability to fulfill the contracts they issue.

9. We DO NOT release past performances records, past SGS, past BL's, samples and/or photos. This is not only against the law, but a violation of prior seller and buyer agreements, as each agreement contains non-disclosure clauses.  Therefore, please do not insist, as any request for such records will be completely ignored.

10. NO TRIAL SHIPMENTS AVAILABLE.  You may consider doing a SPOT order, however, the price will be higher than a contracted (12 Month) price.

PAYMENT TERMS

We always try to protect our buyers whenever possible.  This is why we only work on 100% IRREVOCABLE, TRANSFERABLE LETTER OF CREDIT.  We will NEVER ask you for any deposits (unless buyer insists) or advanced payments [1}.  Non-transferable letters of credit will require a 10% (ten percent) price increase.  SBLC is required for all agricultural products (unless specified that DLC is acceptable).  

BROKERS I MANDATES I AGENTS I INTERMEDIARIES

COMMISSIONS: We have no problem with agents increasing our prices for their profits.  We do insist that you pay by 100% irrevocable, transferable letter of credit so that we may return these commissions back to you via IMFPA or commission contract.  

1.  TRANSFERABLE LC - Please note that any commissions or overprice per unit will require a 10% return-to-seller fee of the profits. 

2. NON-TRANSFERABLE LC - Please note that any commissions or overprice per unit will require a 50% return to seller fee of the profits.

Prior to asking us to issue you an SCO/FCO for your order, please make sure that your client, the end buyer, is real, capable of adhering to our procedures, and is financially capable of paying for the requested product. The due diligence shall be done by you, because we prefer not to waste our time and energy dealing with "shoppers".  Out of every hundred buyers we screen, only one or two actually has the financial capability to fulfill the order.

[1] Poultry, beef, pork products may require a 30% deposit 70% against shipping document payment policy.