ISSUE SBLC/DLC TO GET YOUR SUGAR AND MANY MORE

Payment Methods for Brazilian No. 45 White Sugar:

Option One

The buyer can arrange a transferable standby letter of credit/bank guarantee/direct letter of credit (provided by the top 50 banks). This is quick, simple, and direct, but historically, it has proven very difficult and time-consuming for most buyers.

Option Two

Important Note: If the buyer cannot obtain a transferable standby letter of credit/bank guarantee/direct letter of credit from the top 50 banks:

CIF: Two-month standby letter of credit. The buyer can pay a 1% opening fee to our company via wire transfer, or directly to the lawyer’s escrow account (an additional lawyer escrow fee applies). Our company will issue a two-month standby letter of credit on behalf of the buyer as soon as possible. Payment will be released after the buyer inspects the goods at the port of destination. The 1% opening fee is calculated as follows: For example, for an order of 50,000 tons of No. 45 sugar at a unit price of US$400 per ton: US$400/ton x 500,000 tons x 2 months = US$400,000.

FOB: One-month standby letter of credit

Alternatively, if the buyer accepts payment at the port of loading, the buyer only needs to pay the fee for a one-month standby letter of credit. The fee is 1% x $20 million = $200,000.

Note:

1. If the 1% standby letter of credit (SBLC) is successfully issued, a 10% commission can be paid to all intermediaries (5% for the buyer and 5% for the seller).

2. If SBLC is successfully liquidated, the buyer team will receive 2% of the SBLC’s value, plus a commission of $200,000 (if the issuance cost is $100 million).

Option Three:

Brazilian Cargill Spot: São Paulo, Brazil: Price $430 + $20 commission for buyer. The specific transaction process is as follows: (ABOGLOBE will prepay the intermediary with a 10% commission upon successful payment)

For details, please refer to the White Sugar FCO: