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Procudure Fresh N Wild Seafood LLC dba Defiant Trading
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Founded in 2012, Fresh N Wild Seafood LLC, operating as Defiant Trading, has proudly served customers worldwide for over 13 years. Our dedication to quality commoditiesand exceptional customer service has earned us a trusted reputation in the industry. With a commitment to excellence, we continue to provide premium products that meet the highest standards.
US DDP Sugar Procedure -Contract Only
Fresh N Wild Seafood LLC dba Defiant Trading
6069 Old Court Road #105
Boca Raton FL 33433
561-817-6014
Reg#L16000085803
Reg#G20000034269
Seller Non-Negotiable Procedures for ICUMSA-45 Contract
1. The Buyer issues a Letter of Intent (LOI)
2. Buyers send ICPO + POF/ RWA with Passport copy or Driver’s License- (US Buyers DL only)
3. Seller will issue a Full Corporate Offer (FCO). Buyer returns signed
4. Both parties involved will signed NCNDA.
5. Seller will issue a SPA (Purchase and Sale Agreement) within two (2) business days and send it electronically to the buyer for review and modification, if applicable, sign and return it to Seller who will verify the modifications. The seller will review and send the final Draft of the signed S.P.A with Proforma Invoice.to Buyer.
6. The seller sends the P.O.Pto the buyer’s bank, after signing SPA. (Within 2 days after verification of POF). Within 3 business days after the buyer issues a draft copy of the SBLC MT 760 to seller to check for any necessary changes and corrections, as per Verbiage in the SPA. The buyer must send the swift copy MT 760 to seller’s bank after approval of draft copy by seller.
7. From the date of issuance and sending of the contract, the buyer has 10 days to complete the entire procedure and issue the SBLC. After this period, the contract will be considered null and void.
8. Shipment commences as agreed within the SPA usually within (25-35 days) depending on the
Port, and after confirmation of the Operative Instrument is confirmed by Seller’s Bank.
9. PB 2% Within seven to fifteen days after the operative financial instrument. Not applicable to SPOT offers or TT payment.
10. . Once Cargo is approved by US Customs (C.B.P) to enter the USA, SGS will do inspection of
Cargo for loading.
11. Seller Bank will provide Buyer Bank with all documentation for shipment including SGS report.
Buyer Bank will issue MT103 within 24 hours of receiving information
Our Non-Negotiable Procedures for Sugar World Wide
LOI/ICPO
- The Buyer issues a Letter of Intent (LOI) and a Company Certificate and a Passport copy of signatory.
- Buyer send ICPO + RWA Bank to Bank
FULL.CORPORATE .OFFER
Seller will issue a Full Corporate Offer (FCO) to Buyer for Buyer to agree to sign with the company seal and
return to Seller..
NCNDA
Both parties involved sign NCNDA
We understand the importance of timely delivery for your business. That's why we offer fast and reliable shipping options to ensure your products arrive on time.
SALES.PURCHASE. AGREEMENT
Seller sends Draft SPA (Sales Purchase Agreement) within two (5) business days. Buyer reviews, and makes
necessary corrections to the Draft SPA, and then signs and returns it to the Seller. The Seller reviews and sends
Proof of product bank to bank before opening of SBLC
PROOF OF PRODUCT
We do not offer visits to the the refinery
Videos and pictures are also not allowed .
We will do proof of product bank to bank with certified copy of certificate's of product .
We offer visits to the loading and inspection of sugar .
Cameras and recording devices are strictly prohibited .
Seafood Procedures
Seafood procedures
Non-Negotiable Procedures
FCL or in storage pickup
Shipping FCL CFR
To your destination
30% Deposit and 70% deposit after SGS inspection
All documents will be presented to your bank for full payment at loading.
Warehouse Pick up -30% and 70% at pickup
All CFR shipments are inspected by SGS
Western Africa Commodities Procedures Non-Negotiable SUGAR
ICPO -WITH PROOF OF FUNDS -exception to SBLC
1.Buyer sends ICPO-with POF or deposit
2.Sellers send FCO with price for quantity requested.
3. Buyer as three days to review with seller and signed F.C.O
4.Seller will send Purchase Agreement to buyer to review and sign with (draft copy of payment instrument within 5 days.
5. Seller reviews (Draft copy of payment instrument) and issues Proforma Invoice to buyer.
6.Buyer will then sign and return Proforma Invoice to seller for final instructions.
Proof of product is available bank to bank
7.Please read carefully before doing steps 1-6
8. We are a well-established Registered Florida LLC for over 12 years (L16000085803)
9. We do business with qualified buyers or buyer representatives with a written authorization from the buyer.
10. All financial transactions are handled by Citi Bank Trade Department to insure 100% secured Transactions
11.All Documents will be signed electronically via Douc Sign.
Payment Instruments accepted
SBLC. T T -Wire transfer
Must be Transferable
CAD is available with a deposit and buyer paying all bank fees.
A draft copy of the Instrument should only be sent to seller for review, before swift message is sent to Citi Bank.
No exception.
5. In Brazil, sugarcane mills are not authorized to export, they do not have a license to export sugar directly, so they need to sell their products to an export cooperative or to a trading company. Mar 20, 2024.
Fresh N Wild Seafood LLC dba Defiant Trading
Michael Rance
C.E.O
SBLC Facts
Simple facts about SBLC
No, it is not possible to obtain a Standby Letter of Credit (SBLC) without any upfront payment or collateral. Banks require collateral or upfront fees to mitigate the risk associated with issuing an SBLC, ensuring they are protected if the applicant defaults on their obligations 1.
Here's why:
1. Risk Mitigation: Banks issue SBLCs as a guarantee of payment or performance. If the applicant (the party requesting SBLC) fails to meet their obligations, the bank must step in and cover the cost. To offset this risk, banks require collateral (assets or cash) or upfront fees
2. Financial Responsibility: Banks are financial institutions that operate with the expectation of profit and require sufficient backing for the financial instruments they issue 3.
3. No "Free Lunch": There's no legitimate financial institution that will issue a valuable instrument like an SBLC without any form of security or compensation 4.
4. Scams and Fraud: Offers of SBLCs without any upfront payment are often fraudulent, designed to steal personal information or financial details 5.
In essence, while SBLCs can be valuable tools for securing transactions, they require financial commitment and risk mitigation on the part of the applicant, which translates to either collateral or upfront fees 6.
Fraudulent SBLC
There are several types of fraudulent Standby Letters of Credit (SBLC) schemes that you should be aware of. Here are some common ones:
1. Non-Existent SBLC: In this scam, fraudsters claim to have an SBLC from a reputable bank, but the SBLC does not actually exist. They may provide fake documents to convince the victim of its legitimacy.
2. Fake SBLC: Fraudsters create counterfeit SBLC documents that appear to be issued by a legitimate bank. These documents are often very convincing and can deceive even experienced professionals.
3. SBLC Leasing Scams: In this type of fraud, scammers offer to lease SBLC for a fee. The victim pays the fee, but the SBLC is never delivered, or if it is, it is a fake document.
4. Advance Fee Fraud: Fraudsters ask for an upfront fee to process or issue an SBLC. Once the fee is paid, the fraudsters disappear, and the SBLC is never issued.
5. Impersonation of Legitimate Banks: Scammers impersonate employees of legitimate banks and offer SBLCs. They may use fake email addresses and websites that closely resemble those of the real bank.
6. Misrepresentation of SBLC Terms: Fraudsters provide an SBLC with terms that are different from what was agreed upon. This can lead to significant financial losses for the victim.
It's important to conduct thorough due diligence and verify the authenticity of any SBLC before proceeding with any transactions. Always work with reputable financial institutions and seek legal advice if you have any doubts.