PROCEDURES:
A) - AFTER RECEIVING THE LOI FROM THE BUYER, THE SELLER ISSUE FCO, BUYER REVISES IT, SIGNS, STAMPS AND RETURN IT TO THE SELLER UNTIL 3 (THREE) BANKING DAYS;
B) - WITH FCO SIGNED, THE BUYER WILL SEND THE BANK RWA VIA SWIFT 799 OR BCL (BANK COMFORT LETTER) INDICATING FUNDS ARE AVAILABLE TO HONOR THE CONTRACT THAT WILL BE SIGNED;
C) - AFTER RECEIVING THE FCO SIGNED AND RWA OR BCL, THE SELLER ISSUE AN INVITATION LETTER TO BUYER OR BUYER'S DESIGNEE TO INSPECT THE PRODUCT PERSONALLY IN THE PLANTS OR STOCKS IN BRAZIL OR CAN SEND PROOF OF PRODUCT (POP) VIA SWIFT 799 TO BUYER'S BANK;
D) - SELLER ISSUE SALE AND PURCHASE DRAFT CONTRACT. BUYER REVISES IT, SIGNS, STAMPS AND RETURNS THE CONTRACT; SELLER SIGNS AND RETURNS IT TO THE BUYER. ALL CORRESPONDENCE CAN BE DONE DIGITALLY BY EMAIL OR PERSONALLY. FINAL CONTRACT MUST BE SIGNED IN BLUE WET INK. IF NECESSARY THE SELLER AND BUYER EXCHANGE SIGNED CONTRACT HARD COPIES BY EXPRESS COURIER;
E) - AFTER ALL PARTIES SIGN THE CONTRACT, THE BUYER'S BANK WILL HAVE 7 (SEVEN) BANKING DAYS TO ISSUE SBLC, DLC OR BG;
F) - THEREAFTER 7 (SEVEN) BANKING DAYS, SELLER'S BANK ISSUE A 2% (two percent) PB (Performance Bond) OF THE VALUE OF THE CONTRACT, FOR BUYER'S BANK.
G) - DELIVERY STARTS AS PER CONTRACT TERMS AND CONDITIONS.