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FCO Sugar Miami Vandregsa 25.000 MT

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166 views4 pages

FCO Sugar Miami Vandregsa 25.000 MT

Uploaded by

Jorge
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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202 Briarcliff Drive

San Antonio, Texas 78213


Bus: Phone USA 830-359-0464
E-Mail: [email protected]
Corp ID # 804883134

February 7, 2024

Full Corporate Offer (FCO)

To: Vandregsa

Ref: XPG-VAN-422155S

This is an Offering for the Sale of White Sugar Dry State HS Code 17019910

Between/Seller: Xport Global Corporation, represented by Dennis M. Chavez,


President/CEO organized and existing under the laws of the United
States with its head office located at:

202 Briarcliff Drive


San Antonio, Texas 78213

Xport Global Corporation, confirms with full legal and corporate responsibility and under penalty of
perjury that we are Ready, Willing and Able to Sell the commodity in the quantity and for the price as
specified in the Terms and Conditions stated below:
This representation is made with full corporate authority and responsibility of the above-named company.

1. Subject-Matter:

1.1 The Seller agrees to sell White Sugar in the following quantities and price.

Description:
2.1 White Sugar. Purified and crystallized sucrose polarization not less than 99.9%

2.2 Origin: Brazil, ICUMSA 45


February 7, 2024

Delivery:
3.1 The seller carries out wholesale sale of goods (granulated sugar ICUMSA 45) from the
seller's Warehouse in Miami Florida, USA.

Quantity:
4.1 Quantity is 25,000 Metric Tons per month. For 12 months.
50 kilo bags.

Price:
5.1 $510.00 per metric ton.
From Seller’s warehouse in Miami Florida.

Payment: (Payment Guarantee at Warehouse Miami Florida, USA).


6.1 Payment is made by a commercial Standby Letter of Credit (SBLC). Unencumbered,
Variable, Unconditional, Irrevocable, Divisible, Transferable, Assignable, Cash-backed,
callable, Partial-draw is permitted. Issued for each delivery of 25,000 metric tons per month.

6.2 The currency of payment shall be in US dollars.

6.3 The Buyer shall pay the purchase price of the Goods to the Seller’s bank account
stipulated hereof.

Packaging and Labeling:


7.1 50 Kg. packages,

7.2 The packaging and the labeling of the Goods are in compliance with US legislation.

7.3 The amount of goods is determined according to the order and set forth in invoice/s and
Specifications. The marking of goods supplied according to the Agreement must conform
Buyer requirements and manufacturing standards of the Supplier. Buyer requirements must
be previously requested and specified from Buyer to Seller.

Warranty:
8.1 The Seller represents and warrants that the Goods shall be in compliance with the
applicable requirements and specifications

Addendum 1:
The Buyer is in agreement with the terms and conditions of the Full Corporate Offer.
Xport Global Corporation guarantees the Authenticity of the White Sugar Analysis
provided, which will be demonstrated in the Specifications and Requirement to meet
such Specifications by SGS (Or, other leading testing, inspection, and certification
companies, such as Intertek, Bureau Veritas etc.).

Page 2 of 4
February 7, 2024

Procedures:

• 1. LOI- Buyer issues LOI (Letter of Intent) to Seller


• 2. FCO- Seller sends FCO (Full Corporate Offer) to Buyer and Buyer reverts the
following documents properly filled out to Seller: Customer Information Sheet (CIS),
RWA letter, Authorization to verify the RWA letter, etc. Buyer signs and returns FCO to
Seller.
• 3. ICPO- Buyer sends ICPO (Irrevocable Corporate Purchase Order) and BCL (Bank
Comfort Letter or RWA (Ready Willing and Able), and KYC.
• 4. SPA- Seller drafts SPA (Sales and Purchase Agreement) and Commercial Invoice
(CI).
• 5. SPA- Buyer and Seller sign SPA and CI lodge them in their respective banks.
• 6. Seller and Buyer- execute final contract.
7. Buyers Bank- Issues Payment Guarantee (i.e. Standby Letter of Credit) to Sellers
Bank.
• 8. MT760- Seller’s bank confirms by SWIFT MT 799 and Buyer’s bank sends SWIFT MT
760/ SBLC.
9. NCNDA- Seller sends NCNDA to be signed by Buyers.
• 10. SGS- Seller Pre-Schedules physical inspection with SGS along with Buyers
Representative at the Suppliers Warehouse in Miami Florida. Buyer is responsible for
the payment for the Inspection by SGS or Buyers Inspection Company.
• 11. Approval- Once SGS inspection has been approved and cleared, a MT760 is sent
to the Sellers Bank. A wire transfer for 100% of the monthly sales amount in the form of
a MT 103 wire transfer is deposited into Seller’s account.
• 12. Buyer makes arrangements for transportation of sugar from warehouse.
• 13. Commissions- Seller will be released commission to intermediaries within 72 hours
after buyer’s payment confirmation according to and based on the NCNDA/IMFPA.
Seller pays a Commission. A $5.00 Commission should be split equally on Buyer’s and
Seller’s side.

In accordance with Articles Two (2) through Five (5) of the Due Diligence Convention and the Federal
BANKING Commission Circular of December 1998, concerning the prevention of money laundering, and
Article 305 of the US criminal code, the following information may be supplied to banks and/or other
Federal Institutions for purposes of verification.

Xport Global Corporation President/CEO, represented by Dennis M. Chavez, organized


and existing under the laws of the United States with its head office located at:

Page 3 of 4
February 7, 2024

Xport Global Corporation Information


President /CEO Dennis M. Chavez
Registration Number 804883134
EIN: 92-0963502
Duns: 11-888-6088
Address: 202 Briarcliff Drive
City: San Antonio,
State/Zip: Texas 78213
Country: United States
Mobile Phone: +01 830 359 0464
E-Mail: [email protected]

Owner of Company Information


Owner of Company Dennis Michael Chavez
Passport Number: 599583325
Passport Expiration: 06 Feb 2029
Owner of Passport Origin: United State

Respectfully,

Dennis M. Chavez
President/CEO
Xport Global Corporation

Page 4 of 4

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