ICUMSA 45 Supplier

Financely Group LLC is committed to delivering premier ICUMSA 45 sugar to our global clientele. Leveraging extensive market expertise and a strategic approach, we ensure seamless transactions and superior product quality.


Product Specifications:

  • Commodity: White Refined Sugar, ICUMSA 45 RBU
  • Polarization: 99.80% minimum
  • Moisture: 0.04% maximum
  • Solubility: 100% dry, free-flowing
  • Granulation: Fine standard
  • Color: Sparkling White
  • Sediments: None
  • Smell: Free of any odors
  • Crop Year: Current


Pricing:

Our pricing model is directly indexed to the current market, offering volume-based discounts. Precise pricing details are provided upon a formal quote request, accompanied by a US$500 fee to facilitate dedicated and serious engagements.


Terms:

  • Offer Basis: Available on both FOB and CIF terms.
  • FOB: Dispatch from Port Santos, Brazil, a prime location known for its logistical efficiency.
  • CIF: Delivered directly to the client's specified location, inclusive of all associated costs.
  • Payment Terms: We accommodate transactions via open account basis, Documentary Letter of Credit (DLC), or Revolving Documentary Letter of Credit (RDLC) for sustained engagements, beginning with a trial transaction to establish a robust working relationship.


Closing Procedure:

In alignment with the International Chamber of Commerce (ICC) rules for commodity trading, Financely Group LLC outlines the following detailed closing procedure for ICUMSA 45 sugar transactions:


1. Formal Quote Request:

Clients initiate the transaction by submitting a detailed quote request through Financely Group LLC’s website, including the required transaction volume and delivery terms. A US$500 fee applies for quote preparation, ensuring commitment and covering initial processing costs.


2. Document Exchange:

Upon agreeing to terms, both parties exchange the following documents to formalize the transaction:

  • Signed Commercial Invoice
  • Full Corporate Offer (FCO) from Financely Group LLC
  • Purchase Order Acceptance or Sales and Purchase Agreement (SPA)
  • Client Information Sheet (CIS) for due diligence


3. Payment Terms Agreement:

Payment is arranged through a Documentary Letter of Credit (DLC) or a Revolving Documentary Letter of Credit (RDLC) from reputable banks, excluding Non-Banking Financial Companies (NBFCs). The terms include:

  • Beneficiary details of Financely Group LLC
  • Clear expiration date and place for presentation
  • Amount covering the cost of the goods


4. Issuance of Letter of Credit:

The client instructs their bank to issue the DLC/RDLC in favor of Financely Group LLC, which is then advised through the client's bank to Financely Group LLC’s bank for confirmation.


5. Cargo Insurance:

Prior to shipment, cargo insurance is secured to cover the value of the ICUMSA 45 sugar consignment against all risks, as per ICC A Clauses, ensuring protection from loading to unloading. Insurance documents include:

  • Insurance Policy or Certificate
  • Coverage details aligned with the Incoterms of the transaction


6. Shipment and Documentation:

Upon confirmation of the DLC/RDLC and insurance, Financely Group LLC arranges for the shipment of ICUMSA 45 sugar. The following shipping documents are provided to the client's bank under the terms of the DLC/RDLC:


  • Bill of Lading (B/L) as proof of shipment
  • Packing List detailing the consignment
  • Quality and Quantity Inspection Certificates from an independent inspector
  • Certificate of Origin
  • Phytosanitary Certificate


7. Document Presentation for Payment:

The complete set of shipping and transaction documents is presented to the client's bank for review under the DLC/RDLC terms. Upon compliance verification, the bank processes the payment to Financely Group LLC.


8. Delivery and Confirmation:

The ICUMSA 45 sugar is delivered according to the agreed Incoterms (FOB/CIF). The client confirms receipt of the goods and the satisfactory completion of the transaction.


9. Transaction Renewal (Optional):

For ongoing supply needs, the parties may opt to renew the transaction under an RDLC, ensuring a continuous business relationship.


This detailed closing procedure ensures a secure, transparent, and efficient transaction for ICUMSA 45 sugar, adhering to the highest standards of international trade practices. Financely Group LLC is committed to excellence in servicing our clients' commodity trading needs.


Requesting a Quote:

To engage with Financely Group LLC for your ICUMSA 45 sugar needs, initiate a quote request on our website. This process ensures a tailored solution, aligning with your specific requirements and market conditions.


At Financely Group LLC, we pride ourselves on our commitment to quality, transparency, and strategic financial solutions. Our expertise in navigating the complexities of global commodity trading positions us as your ideal partner.


For further details and assistance, reach out through our contact page.

We anticipate the opportunity to fulfill your ICUMSA 45 sugar requirements, promising an efficient, secure, and mutually beneficial partnership.


Thank you for considering Financely Group LLC.

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