KCM HYPER - Super Quality, Traditionally Crafted

Trade Policy & Proceedings

Trade Policy For Export

Quality, Comfort and convenient is the motto of KCMhyper. Therefore, the team makes every effort to keep this intact by providing the best quality products in accurate price, in proper packaging following all industry norms including the hygiene while packing and stuffing the goods in shipping container, finally it maintain the schedule of shipment.

Both the case of export and import it has a standard proceedings that KCMhyper follows to execute flawless transaction and shipment of goods. It starts after making an order for any of the product via email or any other accepted electronic or other medium that determine details of quality, quantity, packing details, delivery schedule and the payment terms.

Price Of Commodity

Note: If any commodity's rate is mentioned on the website, it must be checked by day-to-day fluctuations in the Market. At the moment of final order confirmation, the actual rate of the products will be made available.

Payment:

Letter of Credit at Sight (Sight LC) | Cash in Advance(CIA) | Cash Advance (CA) | TT | Bank Transfer

Delivery

With in 24 days from the date of confirmed order received as per agreed terms.

Supply Capacity:

For Rice, Spice and pulses : 1 container load per day.

Proceedings of export

First, send a formal letter of offer.
Exchange visit(s) if necessary, and negotiate to finalize price and payment terms
Send a draft contract in agreed terms for review, adjustment and changes is any.
Buyer confirms the quantity of goods, with required details of company for making of proforma invoice
Buyer confirms proforma invoice.
Buyer releases advance against order value agreed follows operative instrument for the rest amount of the value for loading, inland transportation, taxes as well as sea freight charges.
Seller confirms payment and does shipment within as per the schedule determined in the contract.

Typical trading procedures

1. Seller 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 acceptance

4. Buyer amend (if any) and send back to seller by mail with PO

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 amendment (if any)

8. Seller bank issue POP to buyer bank

9. Buyer bank open DLC or ARDLC as per contract

10. Seller deposit PB 1 to 2 % as decided in the contract

11. Shipment will start as per contract

12. Buyers bank will pay against documents determines in the contract

13. All intermediates paid by seller or buyer as per bank endorsed NCNDA/IMFPA

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