BUYING PROCEDURES SOYA
Joebeth Group of Companies represents soya factories located in Brazil. Our offices are located in São Paulo, Rio de Janeiro and Minas Gerais. Our representation agreement prevents us from paying commission and does not allow the practice of Over Price, so the procedures we will present below will only be negotiated with the end buyer.
ONLINE TRADING
To start your online purchase negotiation and succeed, we ask you to strictly follow the following:
After arriving at an agreement between the conditions of supply, begins the documentary negotiation that will be guided by the step by step below:
PROCEDURES:
1- BUYER SEND LOI, (Letter of Intent).
2- BROKER OR SELLER EMITS SCO, (Soft Corporate Offering).
3- BUYER SEND ICPO (Irrevocable Business Purchase Order) WITH PASSAPORT COPY. (With option to send along Proof of Funds "RWA or BCL").
4- SELLER SEND FCO (Complete Corporate Offer) TO BUYER FOR POSSIBLE ADJUSTMENTS AND CORRECTIONS. (If the buyer chooses to send the POF in the item above, the seller sends the FCO with the POP-Proof of the Product).
5- VENDOR SENDS FOR BUYER THE CONTRACT DRAFT.
6- BUYER RETURNS DRAFT CONTRACT SIGNED, STAMPED, DIGITALIZED BY E-MAIL AND WILL BE CONSIDERED LEGAL UNTIL THE COPIES ARE CHANGED.
7- SELLER IS SENDING THE COMMERCIAL INVOICE.
8- PURCHASER SENDS CREDIT LETTER DRAFT
9- SELLER RETURNS THE CREDIT CHARTER DRAFT WITH POSSIBLE CHANGES.
10- THE BUYER'S BANK ISSUES SBLC OR BG AS A GUARANTEE FOR ONE MONTH AND SENDS TO THE SELLER'S BANK. THE BANK INSTRUMENT MUST BE IRREVOCABLE, TRANSFERABLE, DIVISIBLE, OPERATIVE AND REVOLVENT. THE REQUESTED BANK WILL BE TOP 25/50. (https://accuity.com/resources/bank-rankings/) VISA PAYMENT AS PRESENTATION OF SHIPPING DOCUMENTS (B / L + SGS).
11- AFTER THE OPEN BANK INSTRUMENT, THE SELLER'S BANK SUBMITS TO THE BANK OF THE BUYER A (PB) PERFORMANCE BOND OF 2% IN THE VALUE OF A SHIPMENT AND (POP) PROOF OF THE PRODUCT.
12- THE BUYER WILL RECEIVE A LETTER INVITATION TO COMPETE THE LOADING TO THE PORT.
13- WITHIN 30/40 DAYS THE SHIP WILL BE CHARGED.
14- PAYMENT OF SHIPMENT DOCUMENTS B / L AND SGS IN ACCORDANCE WITH ITEM 10 (MT103).
15- SHIP RELEASE.
All documents sent must be stamped, stamped, signed by the CEO and in PDF format.
Documents such as LOI / ICPO will only be reviewed and accepted if they meet the seller's requirements, such as:
- Form of payment,
- Form of guarantee,
- Target Price (according to offer available),
- Bank (Top Prime25 / 50),
"And so much information."