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BMA Commodity Investment Ltd.

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Prices and Forms of Payment

Pricing depends on shipping costs and quantity ordered. We do provide each product in a basic form. In doing so, we guarantee reasonable prices and allow you the options to custom order your products. 

For inquires for wood products and other commodities, please fill in our Letter of Intent to Purchase form. After filling, someone will contact you within a few days. For further information on forms of payment , please Standard Terms & Forms of Payments note the following texts below: 
 
 

Text: Letter of Credit for Wood Products

      Beneficiary:                                                    Advising bank: 
      BMA Commodity Investment Ltd.          Contact us for banking info. 
      Attn: Mr. James Todd Burch 
      409 Huntcliff Village CT 
      Atlanta, GA 30350 
 

      To Whom It May Concern: 

      We hereby establish our Irrevocable Letter of Credit No.____________ dated________________ in your favor for account of _____(Buyer's name and address) for (US$ Amount) which is available against presentation of your draft(s) drawn at _______________________ sight on _ (Name of IssuingBank)__________ accompanied by the following documents: 
 

  • Signed commercial invoices(s) in triplicate. 
  • Packing list in triplicate. 
  • Full set of clean on board ocean bills of lading issued to shipper's order  endorsed in blank marked "Freight Prepaid" 
  • Notify and send 1 set of original documents to: ( BMA Commodity Investment Ltd. `s Freight Forwarder ) 
  • Insurance policy or certificate in negotiable form covering 140% invoices value for marine and war risk.
      Evidencing shipment of: 

      Reference to offer number: ######## 

      Shipment from: any Brazilian port To: any US Port 

      Terms: C.I.F., C&F, or F.O.B 

      Latest shipment date: (1 year and 1 day from issuing) 

      Expires at counter of BMA Commodity Investment Ltd. `s bank (Date). 

      Partial shipment(s) are not permitted 

      Transshipments are not permitted 

Special instruction to tansfering bank.: Documents are negotiable at your counters and funds will be paid to you via TT upon our receipt of your cable/fax advice stating that you are in receipt of documents in order. 

Special conditions: This letter of credit is transferable and divisible. Third party shipper and documents acceptable. All bank charges, other than those of the issuing bank are for account of the beneficiary(s). Documents to be presented to the transferring bank within 15 days after date of issuance of the transport document(s) but within the credit validity. All documents required by this credit are to be forwarded in one single airmail/courier sending. 

We hereby engage with drawers and/or bonafide holders that drafts(s) drawn in conformity with the terms of this Credit will be duly honored upon presentation. This Letter of Credit is subject to the Uniform Customs and Practice for Documentary Credits (1993 Revision) International Chamber of Commerce Publication No. 500. 

(Name of Issuing Bank) 

______________________ 
    Authorize Signature 
 
 

                            Text: Letter of Credit for Sugar

      Beneficiary:                                                                      Advised though:
      BMA Commodity Investment LTD                          Contact us for banking info. 
      409 Huntcliff Village CT
      Atlanta, GA     30350   USA
      Attn: Mr. James Todd Burch
 

      Gentlemen;

We Hereby establish our Irrevocable, Transferable, Standby Letter of Credit Number 
_________________ dated________________________  in your favor at the request of __
(Buyer's Name and Address)____ for up to the aggregate sum of ___(Amount in words figures)______ Available by your drafts(s) at sight drawn on ourselves and accompanied by the following documents:

Beneficiary's signed statement reading. 

"We hereby certify that the amount drawn is required to pay attached invoice(s) which is past due and remains unpaid."

Copy of relevant invoice(s) dated on or after the date of this letter.

No draft(s) may be drawn prior to __________ days after relevant invoice dates(s).

Partial drawings are permitted.

Any Draft under this Credit must be presented to the advising bank's office not later than
2:00 p.m. (location of bank) on _____________________________________________.

Drafts(s) drawn hereunder must be marked "Drawn under (Buyer's bank names and
Address). Letter of Credit Number __________________ dated ____________________.

All bank charges including those of the advising bank are for account of the buyer.

We hereby engage with drawers, endorsers, and bona fide holders that drafts drawn
strictly in compliance with the terms of this Credit and amendments shall meet with due
honor upon presentation.

This credit is subject to the Uniform Customs and Practice for Documentary Credits (1993), International Chamber of Commerce Publication No. 500

      ______________________
      Authorize Signature 

      ______________________
      Authorize Signature 

Note: Expiration date specified should be calculated as follows: Determine the absolute latest Invoice date and add number of days allowed as "terms" in the Letter of Credit (plus) additional 15 days to allow sufficient time in which to call upon the bank for payment.