YELLOW
CORN GRADE 2 Origin : Brazil or India
SPECIFICATIONS
- Yellow
Corn Grade 2
- Test
Weight min 70 kgs per hl
- Foreign
matter 3.00% Max
- Moisture
13% max
- Other
grains 2% max
- Broken
3% Max
- Damaged
including insects damaged max 3%.
- Aflatoxin 30 PPB max.
- Admixture 2.00% Max
- Crop Fresh Crop
PACKING : In 50kg
Bags/Bulk
PAYMENT : Irrevocable,
Transferable, DLC Letter of Credit 100% Payment at Sight from Top Western
Prime Bank, Or by
MT103/23 100% at sight.
INSPECTION : S.G.S
Inspection Service at Sellers Cost shall inspect the Commodity at Place of
Loading
PROCEDURES : - Buyer
submits LOI & BCL not older than 5 banking days and NCNDA
- Seller
or Seller Mandate Issues FCO.
- Buyer
sends signs FCO with all information completed.
- Seller
issues Contract for Buyer's signature and Buyer returns signed Contract to
Seller by Facsimile.
- Buyer
Bank Issues Non-Operative Letter of Credit to the Seller in 5 Working Days
After Signing the Contract.
- Sellers
Bank confirms POP 2% PB and Activate the Letter of Credit.
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