Payment & Procedures

The G7 AGRO COMMODITIES accepts various forms of negotiation.

 

For each one there are specific procedures designed to ensure each party, credibility and security operations.

 

The accepted forms of negotiation, are practiced internationally for much of the foreign trade companies in the world.

 

The partnership we have with Trading's Top 25 International Banks and allows us to find viable ways to pay for many different situations.

 

  • For spot or contract transactions, are usual partial pre-payments requests, depending of product. We also work with financial instruments as LC, DLC and SBLC (we provide the verbiage accepted from our bank) as colateral guarantee or payment.
  • CAD (Cash Against Document) is accepted only with DLC or SBLC as collateral guarantee. Deadline for payment in this modality within 48 banking hours after sent loading documents via TT or MT103.
  • Performance bond only for contract to supply for 12 months CIF. Will be sending after stablished, confirmed and 100% operative the guarantee in our bank.