Mar 15, 2022
Cranberry Evolve (300 counts) CIF USA 🇺🇸
Origin is Thailand
Payment releases at destination port after buyer confirms product authenticity
MOQ 1M x 12
MAX 15m x 12
SBLC $20.8
DLC $21.3
CIP Air
SBLC $22
DLC $22.5
Incl buy side comm$0.3
SOP
1) LOI (must include buyer FDA import license), NCNDA
2) FCO ICPO
3) SPA (IMFPA will be signed after SPA signed by Buyer)
4) PI
5) Seller provides redacted Linkage document with Cranberry
6) Buyer issues SBLC or DLC as Collateral;
Seller’s bank will trigger a unilateral 2-3% cash bond irrevocably.
If seller deviates from the SPA, buyer would get the cash from bank straight away.
6i (if chooses DLC as collateral, issues IRLC)
7) After confirmation of SBLC/IRLC, the allotment letter,
factory final schedule, lot/batch number will be provided within 7 business days.
8) Production
9) Seller provides SGS report, Certificates, and all shipping documents for Buyer to book SGS inspection upon every batch of ready goods
Payment options:
① SBLC – 1 month production value as collateral, and TT at arrival port upon each delivery
② DLC- 1 month production value as collateral + IRLC of 1 month value of product (IRLC to be released upon product Payment releases at destination port after buyer confirms product authenticity
Production: 15-25 days
By sea: 15-20 days
By air : 7-15 days
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