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RICK & RONI
WELCOME
TO THE WORLD OF RICK & RONI
5/1 NORTH ROAD
KOLKATA 700032
INDIA
RICK & RONI
Product We Deal
Sugar-Urea-Cement-Fertilizer-coal- iron ore and
Recycling Metal ScrapsRecycling Metal Scraps
Ferrous, Non-Ferrous, HMS12- Used Rail
RICK & RONI
Recycling Metal Scraps
HMS 1 2
WE DEAL ONLY
AFTER
VARIFICATION OF
GENUENITY OF
SELLER AND
BUYER BY OUR BUYER BY OUR
EXPERTS
ORIGIN- EUROPE-USA-RUSSIA
RICK & RONI
USED RAIL
Recycling Metal Scraps
ORIGIN- EUROPE-USA-RUSSIA
RICK & RONI
RICK & RONIRecycling Metal Scraps
•WE TAKE EXTRA STEPS TO VARIFY SELLER AND BUYER
•BUYER ALWAYS WELCOME TO OUR SELLERS YARD
KEY FOCUS
•TRANSACTION TERMS DLC OR ARDLC FOR CONTRACT
•NO ADVANCE PAYMENT FOR ANY DEAL
•PB NOT MORE THAN 2%
•IF THE DEAL IS MORE THAN 5000MT BCL REQUIRED
•NO NEGOTIATION ON BASIC TERMS
RICK & RONI
1 WE ISSUE SCO WITH PROCEDURE AND PRICE INDICATION
2.BUYER ISSUE ICPO WITH BANK DETAIL AND BCL (OPTIONAL)
3.SELLER ISSUE FCO OR CONTRACT FOR BUYER ACCEPTENCE
4.BUYER AMMEND (if any) AND SEND BACK TO SELLER BY MAIL
5.
BLACK AND WHITE PROCEDURE
Recycling Metal Scraps
5.BUYER AND SELLER EXCHANGE HARD COPY CONTRACT VIA DHL/TNT
6.SELLER INVITE BUYER TO VISIT YARD
7.BUYER SEND DRAFT COPY LC FOR SELLERS AMMEDNDMENT (IF ANY)
8.SELLER BANK ISSUE POP(SGS CERTIFICATE) TO BUYR BANK
9.BUYER BANK OPEN DLC OR ARDLC AS PER CONTRACT
10.SELLER DEPOSIT PB 1 TO 2 % AS DESIDED IN THE CONTRACT
11.SHIPMENT WILL START AS PER CONTRACT
12.BUYERS BANK WILL PAY AGAINST DOCUMENTS DETERMINDS IN THE CONTRACT
13.ALL INTERMIDEATS PAID BY SELLER OR BUYER AS PER BANK ENDORSED NCNDA/IMFPA
RICK & RONI
IRON ORE
•DIRECT SUPPLIER OR MINE OWNER
•ORIGIN – INDIA-INDONESIA-AND BRAZIL
•VARIFIED CERTIFICATE HOLDER•VARIFIED CERTIFICATE HOLDER
•REGULER SUPPLIER TO CHINA
•AVAILABLE HIGK GRADE AND LOW GRADE
•QUANTITY AND PRICE ON LOI
RICK & RONI
1.ORIGIN BRAZIL AND MEXICO
2.PACKING BULK AND BAGS (PP)
3.PRICE MOST COMPETATIVE
4. AVAILABLE HIGH SEA SUGAR
SUGAR
SUGAR
RICK & RONI
4. AVAILABLE HIGH SEA SUGAR
5. SGS FOR POP
6.LOI
7.CONTRACT
8.POP
9.LC
10SHIPMENT
RICK & RONI
FERTILIZER
FERTILIZER
PHOSPHATE
UREA
• UREA-DAP-NPK
•WATER SOLUBLE FERTILIZER
•ORIGINE RUSSIA-CIS-CHINA
•FIRST LOI WITH BCL
•REFINARY VISIT ALLOWED
•PAYMENT DLC/ ARDLC
L
O
I
LOI (buyer letter head)TO THE –END SELLER
VIA-RICK & RONI (KOLKATA INDIA)
We, XXXXX the end buyer confirm with full legal and corporate responsibility under penalty
of perjury, that we are ready, willing and able to buy the above subject product under
the following terms and conditions:
COMMODITY: ORIGIN: SPECIFICATION: QUANTITY: 0000 MT (+/-5%) X 12 months or spot
PACKING: In Bulk / CONTAINER SHIPMENT: 0000MT each shipment
PRICE: US$000 PMT CIFxxxx Port,
PAYMENT: By irrevocable, non-transferable Letter of Credit, 100% payable at sight
upon presentation of shipping documents as per the terms and conditions of the contract
on each shipment basis.
INSPECTION: SGS or equivalent at Load port for seller’s account. Buyer/Buyer’sINSPECTION: SGS or equivalent at Load port for seller’s account. Buyer/Buyer’s
representative is allowed for yard or port visit prior or at the time of shipment.
DELIVERY: First shipment shall be within 20 days after the receipt of L/C.
PERFORMANCE BOND: 2% of contract value of each shipment
PROCEDURE
1.Buyer issue LOI
2) Seller issues complete FCO with details including and passport numbers.
3) Buyer sign seller FCO and return with signed and sealed ICPO
4) Seller issues draft contract, both party signed and seal lodged with respective banks.
4.1) Yard Visit and Inspection of the deposit by the Buyer, in order to check the product
5) Seller bank Notifies the Buyer bank that they are ready to issue (POP) SGS
CERTFICATES (only) Swift along with 2%PBG within 5 bank working days.
6) Buyer issues 100% Non Transferable, Auto Revolving Letter of Credit for each
monthly Shipment value to seller bank within five banking days.
7) Delivery commences per buyer’s choice of discharge port in seller expense
within 15 days