• Company Name : LJL Global Trade
  • About Us : <br> <br> <br />Urea N46 agriculltural Grade 'B' <br />UREA 46% NITROGEN GOST 2081- <br />PB:2% <br />Certification and Inspection: SGS <br />Payment term:By Transferable and non-transferable RDLC issue by world top 50 bank.&nbsp;&nbsp; <br />PROCEDURES <br />1. Buyer sends LOI with BCL <br />2. Seller sends FCO to the buyer. <br />3. Buyer signs FCO and sends to Seller. <br />4. Upon acceptance of draft contract,&nbsp;&nbsp;&nbsp;&nbsp; Buyer and Seller execute the contract. <br />5. Seller nominates Escrow Account Services&nbsp;&nbsp;&nbsp;&nbsp; for acceptance by Buyer.Buyer/Seller deposit 2% <br />1st montnly shipment value. <br />9. Seller's Bank issues POP to Buyer via bank&nbsp;&nbsp;&nbsp;&nbsp;swift.&nbsp;&nbsp; <br />Buyer's bank to issue&nbsp;&nbsp;non-operative LC withn&nbsp;&nbsp;&nbsp;&nbsp;5 banking days. <br /> 9i If&nbsp;&nbsp;Buyer fails to issue the non-operative LC within 5 banking days after receipt of <br />Seller's POP, Seller fortfeits the 2%PB in escrow&nbsp;&nbsp;&nbsp;&nbsp;bank account. <br />9ii&nbsp;&nbsp; After contract is signed and escrow account&nbsp;&nbsp;opened , Within 5 banking days if Seller fails to issue&nbsp;&nbsp; POP via bank swift, Buyer fortfeits 2% in escrow bank account. <br />10. Seller bank issue to Buyers Bank the Proof of Product (POP). <br />11. Seller's bank notifies the Buyer's Bank that they are ready to issue non-operative 2%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; PB to the Buyer's bank. The 2% PB will be&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;placed in Buyer's account should the seller fail&nbsp;&nbsp;to supply the cargo of the product, this 2% PB will be paid to buyer and intermediaries as compensation accordingly.&nbsp;&nbsp; <br />12. Buyer's Bank issues non-operative LC, <br />13. Seller's bank issues 2%PB automayically activates LC. <br />14. Shipment commenced.<br><br>
  • Product/Service : Urea N46
  • Category : Agriculture
  • Contact Person : Jay Lim
  • Link More : Singapore Agriculture ,
  • Telephone :
  • Fax :
  • Address : 10 Anson Road, #16-16 International Plaza Singapore Singapore 079903 Singapore
  • Business Type : Trading Company