For our enterprise, Aliya Trading S.L, exporting as well as importing is a daily task. To complete the job regularly, we comply to the US export and other relevant export laws & regulations applicable the transportation of our offered range across international borders. A similar compliance is maintained to the international import and custom laws applicable to our procured products.
Aliya Trading S.L Mode Of Payments:
Our conditions, export policy as well as procedure in terms of payment process for both domestic and international clients are explained below:
- All of the orders (export) above 12,500 MT/month: We accept full as well as confirmed irrevocable letter of credit (L/C) at sight by a leading globally recognized bank.
- All exports orders that values below 12,500 MT/month: We accept advance or prepayment via telegraphic transfer (T/T) after confirming full order with LOI/ICPO.
(1) Complete L/C & SBLC Procedures
- Every buyer issues his LOI with a consecutive BCL(RWA) as well as ICPO to the seller along with soft probe permission.
- After the issue, the seller responds with his own FCO, including the sample/text for the RWA letter that is issued by the bank of buyers choice.
- In case buyer accepts the offer as per the FCO responded by seller, he/she just need to sign the FCO and sen it back to seller after properly sealing it. The same will be considered an official evidence of the acceptance and willingness to proceed with the mentioned deal. At the same time, the buyer bank must also issue their RWA letter.
- After this, the seller bank verified compliance (supported by the buyers bank) and is everything seems right, the draft contract is issued and sent to the buyer.
- The buyer verified, fills out and returns the said draft contract to the seller (signed and sealed)
- The seller confirms that the returned contract has been approved, signed as well as sealer by the buyer.
- Buyers bank then issues the PRE ADVISE (of the specific banking payment instruments) & sends it to the seller bank within 7 banking days (via SWIFT).
- In 5 banking days, the seller bank must send the POP to the buyers bank via SWIFT. The POP includes:
- Origin Certificate
- Product Export License
- Export Document Authorization
- Location and Product Availability
- Refinery Producer Identification
- Laboratory Analysis
- Phytosanitary Certificate
- After that, within 3 banking days, the buyers bank issues the confirmed L/C
- After all this is done, the Vessel Loading Process initiates. When the process is completed (usually takes 15-20 days) the seller sends all the export as well as shipping documents via his/her bank, including:
- S.G.S. Inspection of Weight and Quality Report
- Bill of Lading
- Insurance Certificate
- Commercial Invoice
- S.G.S. Product Property Certificate
- Upon the confirmations of all the above from both parties, the shipment becomes operational as agreed mutually based on time frame.
Important Note: Before applying LOI, BCL & ICPO, please contract our customer support at firstname.lastname@example.org, to confirm our accepting format (draft files)
Notice To Fresh Buyers
We do not deal on L/C (Letter of Credit) on any of our first orders. We only operate of full L/C at sight with our existing clients (including both domestic & international cases)
(2) Complete T/T & MT103 Procedures
30% T/T advance is allowed against official signed contracts & pro forma invoice. The procedure is explained below:
- The buyer provides his/her ICPO or LOI signed by the him/her as well as all of his/her contracts or contracts of his/her representatives.
- The seller responds with his/her FCO, buyer then needs to sign and send in back to the seller after properly sealing the signed document.
- The seller prepares sales as well as purchase draft contract and send it to the buyer swiftly.
- After confirming, the buyer returns the sales and purchase contract, duly signed as well as sealed within 3 working days via E mail and FAX
- After receiving the signed document, seller issues pro forma invoice to the buyer
- In a period of 3 international banking days after receiving the pro forma invoice, banl with which buyer is affiliated with states their readiness to issue the 30% T/T advance deposit as per the contract to the sellers mentioned bank account.
- The seller bank swiftly confirms the prepayment within 3 international banking days and seller initiates the packing process and transport the goods to the port of loading.
Procedure for 70% balance by T/T against satndard B/L Copy as well as certified shipping documents:
Constantly, our company cooperate perfectly with freight forwarders/shipping lines to ensure that cargo aimed at clients is delivered on time. Usually, we maintain a reliable stock for instant supply. After our clients place their orders, it is transferred to our factory for the arrangement of cargo. Relying on the equipment installed at the factory, our skillful team packs the range. Within 8 working days from the date of deposit, our company loads the
(3. A.) INCOTERMS 2010
Engaging in action since early 2011 has been DAIVA, transmitting most valuable information to the buyers. Incoterms 2010 sphere of effect significantly extends on the obligation as well as rights of the parties involved in the sales & purchase agreement regarding the delivery of specific goods (terms of goods delivery).
Incoterms 2010 Structure:
The first group of terms E consists of a single term of delivery, EXW (Ex Works), consisting process of directly granting goods by the seller to the buyer at the company. All the duties including transportation/custom cleaning and completely lay down on the buyers. In the specific commercial documents such delivery is defined as EXW name of the place. The following conditions of delivery can be put to use with any type of transport (irrespective of how the buyer transports the goods)
The second group of terms C refers to the payment of the freight by the seller. After the conclusion of the purchase & sell agreement of goods, the seller is legally obliged to hand over the goods to a carrier which will take the responsibility of transportation of goods. The modes of transportation is not relevant to the group of terms, it includes four basic terms of delivery:
- CFR: The Cost & Freight, in the following case the seller is legally responsible to pay the price of goods transportation to the buyers requested destination.
- CIF: The Cost, Insurance and Freight, this case is a little different than the previous term, in it the seller is responsible for the expenses of insurance of the transported freight.
- CIP: This term can commonly be used in case of introduction during the process of transportation to the intermediate destination before which achievement financial shipping charges as well as to insurance of freight is to be paid by the seller.
- CPT: This terms greatly differs from the previous one because in this case the seller is obliged to pat insurance services.
The third group of terms F, does not hold seller responsible for the payment of the main freight by the seller. At the following terms, the adoption of delivery, the seller reports the goods to the first carrier as well as all questions of payment & relationship with the carrier that is lay down already on the buyer. This specific category of terms, except FCA, is applied only when the transporting is done via sea or inland water transport. The three major terms of this group are:
- FCA (Free Carrier): This term is applied in case of the transportation is done by any type of mode. Thus, the seller shall bear the responsibility on land delivery of the freight to the port of delivery.
- FAS ( Free Along A Vessel Board): In this specific case the seller is obliged to pat both the cost of intra port forwarding as well as accompanying services for an exception of cost of loading the goods aboard the vessel.
- FOB (Free Onboard): This basis of delivery, the moment the change of responsibility between the buyer and the seller comes to effect after the goods are loaded aboard the vessel used for transportation.
The fourth group of terms D, is famously characterized by the concept of Arrival. The seller, after the conclusion of the purchase & sale agreement, has to provide goods to the buyer. The goods needs to delivered at the destination coordinated with him, the location can be logistic terminal or a concrete settlement. Depending upon the mutually agreed agreement (in the country of appointment), the custom duties can either be paid by the seller or the buyer. The term is applicable to all modes of transportation. The group includes below mentioned 3 basic conditions:
- DAT (Delivery At Terminal): Logistic centers and terminals are links between different countries. One can make delivery to the terminal as per the contract.
- DAP (Delivery At Point): This term refers to the delivery to a point of destination, a concrete settlement specified by the buyer.
- DDP (Delivery With Payment of Fees): This term makes seller responsible for transportation of goods as well as for the custom registration required in the country of arrival.
(3. B.) Chronogram of Delivery
We are leveraging upon a vast experience in the field of import and export (international trade). We have realized that a majority of buyers/importers prefer to choose CIF (Cost, Insurance & Freight) delivery terms mentioned under the second group of Incorterms 2010 C. In the case of CIF delivery terms the seller is responsible for the payment of the expenses for insurance of the freights transported, which in whatsoever case there is no delivery of goods based on land, sea & rail due to unforeseen disasters. The seller is mandated to refund the buyer completely or replace the goods.
ALIYA's Approximate Chronogram of Delivery
Our company is set to be providing timely shipment to all importers/customers as based on the
ALIYA TRADING S.L is set to providing prompt shipment and delivery to all it's chronogram of delivery.
Our company invites everyone dealing in food based commodities, to cooperate with our enterprise as mandates and/or representatives. This collaboration can be a one time event or can lead to mandates or partnership for long term. The aim of this partnership program is to develop a strong partner network for our enterprise and attract new customers from USA, South America, Europe, Africa, Asia as well as CIS countries. The main principle that we follow while working with partners is to focus on individual approach, conforming sincere interest in the success of each project.
Our company offers our mandates/agents:
- A standardized quality offering which is demanded in the market
- Assuring exclusive supply & payment of products
- Carefully publish information regarding the mandates on our websites news center section
- Marketing special prices for exhibition product samples
Through our promised mandates, our company consider any form of cooperation. One can get more information regarding the mandate system of our enterprise via our official mandate application letter.
When you select our enterprise as the prime supplier/exporter, you get not just an incomparably diverse and wide product portfolio but you also get a skilled partner who leverages upon an unrivaled expertise of the international trader vertical. Does not matter if you are a vendor or customer, DAIVA makes your life easier by helping you handle complex procedures of export/import. We also solve any of your problems swiftly.
Customers who have chosen to enter into business with our enterprise includes direct buyers, end users, brokers as well as third party who finds our policies profitable to join. We always welcome all the valued opportunities which agents/brokers offer. On revert, agents/broker get their commission as per the mutual agreement between two parties.
All the transactions related to the brokerage as well as commission, will be specialized by the information kept confidential and commission agreement.