1. LOI “Letter of Intent”

Send us a LOI “Letter of Intent”. We need to know your target price, required amount of sugar, your payment method and your destination port.

2. FCO – Full Corporate Offer

We will send you Full Corporate Offer, outlining the transaction procedures of the forthcoming SPA contract.

3. ICPO / draft SPA Contract

Send us back signed and stamped FCO, alongside ICPO with full bank details.

4. SPA “The Contract” / PI – Proforma Invoice

Once we have the signed / Buyer endorsed FCO and an ICPO, we will issue you a draft SPA (Sales & Purchase Agreement) contract. This contract may be negotiated further by both buyer and seller. Seller issues PI / Proforma Invoice.

5. Payment Guarantee Instrument

Once the SPA Contract is executed – signed by both parties, Seller and Buyer, the buyer undertakes to issue the Official Payment Guarantee.

6. Shipping and Delivery

Loading, Shipping and Delivery commences within the agreed number of days. As soon as the loading is completed, you will receive all relevant documents and certificates of Insurance, SGS/CCIC inspection, Bill of Lading among others. These are mailed to your bank / office via DHL.