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