PROCESS
OF BUYING

The BUYER must provide the company's Know Your Customer (KYC) along with the passport (in full color) and full contact information of the legal representative. We reserve the right to request another identification document if necessary.

1. Buyer issues an irrevocable corporate purchase order (ICPO) that includes the terms and other conditions listed here with their requested product, quantity and requested price. If the ICPO reflects conditions that are not accepted by the Seller, it will not be accepted.

2. Once the ICPO is receivedfrom theBuyer, theSeller will issue the COMPLETECORPORATE OFFER (FCO) within 12 hours confirming the product, quantity and selling price.

3. Buyer confirms and approves the FCO within five (5) days; signed and stamped, and attaches their POF/RWA/BCL proof of funds issued by the Buyer's bank to the Seller. In countries where government clearance and/or quota is required, proof of such customs clearance and/or quota will be required at time of ICPO.

4. At the Buyer’s request and Seller’s discretion, a meeting with the Buyer and Buyer's legal representative and Seller may take place via Zoom, Google Meet or similar.

5. After the FCO and POF have been received, verified and approved (and any necessary meetings taken place), the Seller will issue the contract (SPA) to the Buyer on the agreed terms.

6. Once the contract has been issued and accepted by the Buyer, the Buyer must return the contract within five days (5); signed and stamped with the legalization of the signature and its status as a legal representative before a PUBLIC NOTARY. The legalizations carried out by the Notary Public will be in one of the following languages: Spanish, Portuguese or English (if another language is used, it must be translated by an authorized translator or official).

7. Once the Seller has received the contract accepted by the Buyer, the Seller will proceed in the same way to legalize it and send a signed, sealed copy to the Buyer along with the proforma invoice.

8. Buyer will have 24 hours to signs and return the Invoice.

9. Once the Invoice is accepted in-full, the Buyer and Seller will deposit a copy of the fullyexecuted contract (SPA) with the respective banks.

10. Within seven (7) days from the deposit of the contract (SPA), the Buyer’s bank will issue the financial instrument ( MT 760 SBLC / MT 700 DLC ), 100% open, confirmed, irrevocable, transferable, divisible, and negotiable for the total amount of one month, renewable during the duration of the contract plus one day. Buyer's issuing bank must be a First-Class, Global bank accepted by the Seller.

11. Once the financial instrument has been received, accepted and deposited in the Seller's bank, the Seller will provide the shipping documents (report, sailing schedule, etc.) within ten (10) days (+/-2 business days).

12. Upon successful inspection and delivery of the Shipping Documents, SGS and B/L, the Buyer's bank issues 100% payment of the monthly value of the goods to the Seller’s bank account through MT 103 within twenty-four (24) hours. Once the payment has been made, the Seller will put the goods in the name of the Buyer and release the shipment. 100% of monthly payments for each sailing under the contract must remain consistent and constant for and throughout the duration of the contract.

13. The Seller is responsible for customs clearance at the port of loading and issuing export documents. The Buyer is responsible for customs clearance costs at the port of destination.

14. On arrival at the port of discharge, Buyer issues proof of inspection by SGS or similar (at Buyer's expense) and confirms acceptance of the goods.

15. The Buyer must have the legal requirements to be able to introduce the goods in the country of destination, at their own expense.

CONTACT US

If you're interested in hearing more about the way we work, have a business proposal, or are interested in making a purchase, we'd love to hear from you.