Portland Cement

Commodity:

Portland Cement 42.5 N/R

Origin:

Seller’s Choice

Quantity:

Minimum 12500 MT*12

Packing:

Packed in BULK or 50 kg bags

Destination:

CIF (Incoterms 2000) ASWP

Shipping:

45-60 days after receipt and acceptance of the L/C

Loading Port:

At sellers choice

Inspection:

By BIVAC or SGS

Contract length:

12 months

Payment:

OPTION # 1

IRRECVOCABLE FULLY FUNDED TRANSFERABLE REVOLVING

STAND-BY LETTER OF CREDIT (IFFRSLC)

IRREVOCABLE, FULLY FUNDED, UNCONDITIONAL, UNRESTRICTED, UNENCUMBERED, DIVISIBLE, TRANSFERABLE, REVOLVING STAND-BY LETTER OF CREDIT IN FAVOUR AND FOR THE CREDIT OF THE SELLER, THE BENEFICIARY.

OPTION # 2

IRRECVOCABLE TRANSFERBLE REVOLVING

STAND-BY LETTER OF CREDIT (SBLC)

 
IRREVOCABLE, UNCONDITIONAL, UNRESTRICTED, UNENCUMBERED, DIVISIBLE, TRANSFERABLE, REVOLVING STAND-BY LETTER OF CREDIT IN FAVOUR AND FOR THE CREDIT OF THE SELLER, THE BENEFICIARY.

OPTION # 3

TRANSFERABLE REVOLVING DLC WITH 1 MONTH BG/SBCL

FOR LAST MONTH PAYMENT

1 month BG / SBLC – to be operative for the entire length of contract and pay for last month shipment And an Irrevocable Revolving Documentary Transferable Letter of Credit for the balance of the contract. The Irrevocable Revolving Documentary Letter of Credit and 1 month BG/SBLC should be issued, confirmed and guaranteed by a top prime world bank acceptable to the Seller. Partial shipments are allowed.

OPTION # 4

TRANSFERABLE REVOLVING 3 MONTH BG or SBCL FOR LAST 3 MONTHS

PAYMENT AND TT SWIFT WIRE PAYMENT FOR EACH SHIPMENT

3 month BG or SBLC – to be operative for the entire length of contract and pay for last three months shipment And for the balance of the contract, payment by way of (TT) swift wire transfer for each delivery. The 3 month BG or SBLC should be issued, confirmed and guaranteed by a top prime world bank acceptable to the Seller. Partial shipments are allowed.

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