Procedure
Below are the procedures used for all our products,
if you have any questions, please get in touch.
General procedure:
1- BUYER ISSUE IRREVOCABLE PURCHASE ORDER (ICPO), RWA, CIS, VERBIAGE FINANCIAL INSTRUMENT AND BANK MANAGER BUSINESS CARD.
2- SELLER DOES DUE DELIGENCE (DD), FOR THE ISSUANCE OF THE FULL CORPORATE ORDER (FCO).
NOTE: THE SELLER WILL NOT ISSUE OFFICIAL DOCUMENTS IF THE VERACITY OF THE BANK DOCUMENTS SENT IS NOT CONFIRMED.
3- BUYER AND SELLER SIGN THE DUE DOCUMENT, UP TO 2 (TWO) DAYS.
4- IN 48 HORAS SELLER ISSUE SPA CONTRACT WITH THE DUE REFERENCE NUMBER FOR AFTER THE SIGNATURE GIVES ENTRY TO THE RECEIVING BANK.
5- SELLER AND BUYER SIGN SPA CONTRACT IN 3 (THREE) BANKING DAYS, AND AFTER SIGNATURE, ISSUE A PROFORMA INVOICE WITH A FINAL DATE FOR ISSUING THE FINANCIAL INSTRUMENT.
6- PURCHASER SHALL ISSUE THE FINANCIAL INSTRUMENT UP TO 4 (FOUR) DAYS, AFTER THE CONTRACT SIGNATURE CONFIRMATION, BEING THEREFORE ON THE FOURTH BUSINESS DAY SHALL SEND THE COPY OF
SWIFT TO VERIFY VIA BANK RECEPTOR.
7- WITHIN 7 (SEVEN) TO 15 (FIFTEEN) BANKING DAYS, THE SELLER WILL ISSUE THE PERFORMANCE BOND 2 (TWO) % PCT FOR A SINGLE SHIPMENT.
NOTE: IF THIS AGREEMENT IS FOR SPOT OR TRIAL, PEROFMANCE BOND, WILL NOT APPLY.
8- AFTER 30 (THIRTY) TO 45 (FORTY-FIVE) DAYS OF CONFIRMED THE FINANCIAL INSTRUMENT, THE PRODUCT WILL BE AVAILABLE IN THE PORT OF EMBARKATION IN BRAZIL (SANTOS / SP, PARANAGUÁ / PR) READY FOR EXIT ACCORDING TO CONOGRAM.
9- SELLER SENDS DOCUMENTS VIA BANK THE BANK VIA SWIFT, AUTOMATICALLY WITHIN 24 HOURS THE BUYER'S BANK MAKES THE DUE DISCOUNT OF THE FINANCIAL INSTRUMENT VIA MT103, AT THE PORT OF LOADING IN BRAZIL.
#TRANSACTION TERMINED.
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NOTE: IF THE RWA SUBMITTED IS VERIFIED AND IS NOT A REAL BANK ISSUE, TO CONTINUE ANY TYPE OF OPERATION, THE GUARANTEE AMOUNT OF U$D.25.000,00 (Twenty five thousand) WILL BE CHARGED, WHICH AMOUNT IS SENT IN ADVANCE AFTER THE SIGNING OF A CONTRACT MAY BE DISCOUNTED WHEN THE FINANCIAL INSTRUMENT IS ISSUED.