PACIFIC AIR WELD CORP

Business category 1	Grain
City ( of main office )	Garden Grove, US, United States
Address	13862 A Better Way suite 8E
Phones	1-714-467-4322
Fax	1-714-530-2012
About	1. Commodity: long grain white rice 5% , 10% , 15% . 25% broken. 2. Specifications: Moisture 14. 5 pct max Foreign matter 0. 3 pct max Chalky kernels 8. 0 pct max Damaged kernels 2. 0 pct max Red kernel / Red sreaked kernel 5. 0 pct max Yellow kernel 2. 0 pct max Paddy grain 30 grains / KG max Glutinous rice 1. 0 pct max Average Length of grain 6. 0 mm min Milling degree Well milled & double polished Here are the following info: COMMODITY: Long grain white rice 5% , 10% , 15% , 25% . ORIGIN: Vietnam PACKING: 50 KG Bags DELIVERY: FOB Only (will Guide shipping company) PAYMENT: Irrevocable, Confirmed, Transferable and Divisible Stand-by Letter of Credit PB 2% Performance Bond of the Contract, Issued by Seller's Bank PROCEDURE 1. Buyer issues LOI + BCL. 2. Seller issues FCO. 3. Buyer returns FCO duly signed and sealed. 4. Seller issues Draft Contract in favor of the Buyer. 5. Buyer returns the Draft Contract by exchanging it by email attachment, duly signed and sealed within 3 banking days. The signed & sealed draft copy will be deemed legal until hard copies exchanged. 6. Seller sends 06 (six) Hard Copies duly signed & sealed. Buyer will duly sign & seal all copies and return back 04 (four) copies to the Seller. This will not delay the buyer in issuing letter of credit. 7. Buyer's Bank issues to Seller's Bank Irrevocable, Non-Operative, Transferable And Confirmed Stand-By Letter Of Credit as required under the terms and conditions of this contract. 8. Seller's bank will issue to the Buyer Certificate Of Allocation, upon receiving banking instrument Opening Pre-Advice. 9. Within 05 (five) days of confirmation of letter of credit, seller provides 2% Performance Bond which activates buyers non-operative letter of credit. 10. Delivery And Shipment commence as per schedule mutually agreed.
Date	2011 Oct 28, 22:10