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SMICE COMMODITY PRICES
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DOING BUSINESS WITH SMICE
A Division of www.ftnx.net and www.ftnexporting.com Australia ©2013
SMICE are Buyer and Seller of all non break type of Commodities from verified suppliers world wide. We buy commodities and we sell Commodities in our own name.While we know a a great deal about the commodities we deal in we cannot be expert in regards 'all' the varying types of commodities we deal in, hence our true nature is that we are expert in strict safe exporting importing procedures, and make high demands of supplier offering goods to SMICE as such suppliers are the experts in only the product they deal in. End buyer are also the 'experts' in knowing the single product they are buying from SMICE. A supplier must know what they offering and a end buyer must know what they are buying based on the clarity of advice provided by SMICE especially in regards to the specification of goods being assured by SMICE. We at SMICE don't have the luxury of just dealing with one product. We have to deal with many products, customs and principals and we need to know much about current delivery and banking rules, financial instruments,agency, and contract formation laws. Our position is a difficult one, much more so than any supplier or end buyers accordingly, we do not take short cuts when buying and selling commodities and conduct business using very strictly applied and safe procedures. As leaders in this business, nothing less can be expected.We guarantee that what is offered by SMICE will be delivered, as we demand independent experts to verify all goods we buy or sell.
SMICE was created (2010) by International author Davide Giovanni Papa and founder of FTN Exporting Australia (1988) We have been educating intermediaries, buyers, sellers and many other entities including Bankers,Lawyers, Doctors, Private traders and the likes for 25 years in matters of strict safe trading procedures. Since 2010 we have been also serving legal expert opinions to law firms on the related subject matters of fraud and, money laundering and illegal practices.We are also due diligence and sourcing experts. We are the worlds leading experts and educators in the nature of business apparent. We created the first uniform doctrine of safe trading. Our doctrine of trade released in 2005 (ITSI) has become mainstream. Safe, strict, proper unified legally defined trading procedures is what we promote. Our own SMICE Agents are the best informed traders of their kind in the world. SMICE conducts business using current URC and UCP Banking rules, Incoterms Delivery Rules, URPIB Broker and intermediary Rules and English © formation rules and foreign Governance of such. SMICE only buy and sells commodities from Principals world wide offering or taking possession of such, including major Corporations, Government Agencies and Heads of State. This is the business we specialise in and are leaders in - world wide.
End buyers or Supplier are welcome to contact one listed SMICE Agent or SMICE directly with their inquiries . Intermediaries and Brokers please make your inquires to one only SMICE Agent. URPIB rules apply. FTN Exporting guarantees all commission to worthy Intermediaries and Brokers we accept to assist us.
ftn_smice@bigpond.com
SMICE REQUIREMENTS
- We do not accept flawed improper trading procedures carrying the auspices of LOI, ICPO, MT/ ASWP, MT/SWIFT, BCL, POP, BG, NCNDA, PB, MPA or the likes.
- Above type of inquiries are trashed.
- SMICE conducts business strictly applying only safe, legally defined and proper International Trade Practices, Laws and Procedures of Agency World wide.
- We will consider buying future contract of supply from a supplier for non break cargo lots in single or multi contract shipments of any viable exportable product.
- We are not interested in FCL contracts of supply, nor SPOT transactions.
- Petroleum Products, Mineral Resources , Chemicals , Agriculture at FOB Incoterms are keenly sought.
- Supplier may present their offer or letter of supply assurance to SMICE directly or to one listed SMICE Agent (if assistance is required.)
- Yearly contracts of supply on monthly basis exceeding 1.2 million MT or single shipments exceeding 100,000 MT interest us greatly.
SMICE BUYING PROCEDURE WITH OUR SUPPLIERS
- (TPA: Transacting Period Allowed )
- Supplier provides a basic FOB Incoterms 2010 indorsed offer for our consideration, valid for 30 day or updated monthly accordingly.
- Once SMICE is ready to buy we will advise an 'offer to procure' for acceptance and actual confirmation of supply offered.( 5 Days TPA )
- Once the Buyer (SMICE) 'offer to procure' is accepted by the supplier, such reverts with a draft contract for SMICE to sign and accept.(10 Days TPA)
- SMICE advises signed draft contract by PDF as formal (inter-net) as well as a courier mail hard copy.
- The Supplier and Buyer (SMICE) and now legally bound to perform; within ( 5 Days TPA)
- The contract will have verifiable information as to our 'RWA' status and other confidential information.
- SMICE advices a UCP 600 endorsed financial instrument as per contract. The supplier has 5 days to accept or amend such.
- Once our DLC is accepted 1st delivery is usually 60 days there after and 30 days for revolving shipments thereafter.
- Delivery documents are cleanly presented as per contract to SMICE. Supplier collects on our financial instrument 'at sight.' Ship slips moors port of loading.Transaction done.
- SMICE uses top 100 world ranked triple 'AAA" Australian banks when advising its Irrevocable credits and such Banks do not need to confirm such credits.
- A Supplier offering good prices of large contracts of supply seeking a confirmed credit may pay for such to their own bank of which SMICE will reimburse the confirmation fee as a debit applied on the suppliers invoice to SMICE.
- No transferable credit given to a supplier. Supplier means "Supplier or Exporter in possession of goods" they are offering.
- Supplier must assure goods or provide an offer carrying details such as; Delivery mode, Quantity, Price, Unit , Name of Inspection Agency, Port of loading, and full specifications.
SMICE SELLING PROCEDURE TO OUR END BUYERS
- End Buyers 'taking possession of goods' sought please select one SMICE Agent to examine your request for product being sought.
- An End Buyer once accepting an offer / contract will have to provide RWA (UCP 600 ruling Bank issued credit) before we release any disclosure about the product we are selling.
- If the end buyer has no intent to buy they should not be seeking products from SMICE and should seek to secure their own supplier.
©FTN Exporting 2013
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DID YOU KNOW? (SINCE 2010) SMICE FOUNDER DAVIDE GIOVANNI PAPA IS A DUE DILIGENCE AND PROJECT INCEPTION EXPERT AND HAS SERVED LEGAL OPINIONS WORLD WIDE BASED ON THE 'SUMMARY ON EVIDENCE REPORT.' EXPERT OPINIONS IN RELATED MATTERS OF TRADE AND AGENCY INCLUDING MONEY LAUNDERING AND PROCEEDS OF CRIME (POCA) MATTERS. PLEASE MAKE YOUR INQUIRY VIA CONTACT FORM ON THIS SITE FOR RATES. 100% CONFIDENTIAL . REFERENCE OF LAW FIRMS USING OUR SERVICES IN PAST AND CURRENT VIP CASES PROVIDED.
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