Procedures:

FOB
Buyer receives from the factory the Pro-Forma invoice after which he has to issue immediately the Standby L/C confirmed by a Top European Bank and with the factories bank (The Standby L/C works as guarantee of payment to be made after completion of loading of the cement cargo).

FOB + FREIGHT
Buyer receives from the factory the Pro-Forma invoice after which he has to issue immediately the standby L/C confirmed by a top European Bank and with the factories bank (The standby L/C works as guarantee of payment to be made after completion of loading of the cement cargo).

Buyer signs the charter contract directly with the shipping company; he will have to pay immediately 50% through swift on the account of the shipping company. The remaining 50% will have to be paid within two days on arrival of the ship at loading port.

PROCEDURE C&F

The buyer and  our Associates will sign a C&F contract, after which the buyer will have to pay immediately by SWIFT 40% of the total contractual, value in advance.

Upon receipt of the Pro-Forma invoice, the buyer will issue a Bank Guarantee for the remaining 60%, the Bank Guarantee shall be confirmed by a top European bank and also confirmed by the bank of our Associates. (The BG works as guarantee of payment to be made after completion of loading of the cement cargo). As our Associates will act as direct seller for the buyer and automatically acting as banker, the C&F price will increase by 4,00€ (5.50$).

Buyer receives from our Associates the Pro-Forma invoice after which he has to issue immediately the Transferable, Divisible Standby L/C, Confirmed by a top European bank and the bank of our Associates (The Standby L/C works as guarantee of payment to be made after completion of loading of the cement cargo).

Our Associates reserve the right to stand in with another group that will perform the transaction C&F at the same price and conditions.

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