General Trading Division
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Smart Xs® Consultant Private Limited (Malaysia)

Smart Xs

Gulf Trading Egypt (Cairo, Egypt)

Gold Star Award 2007

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Diesel D2 (MDO)

Jet Fuel (JP54)

GASOIL ULSD

Steam Coal

Bitumen

Portland Cement

Poultry

Beef Cuts

Sunflower Oil

Corn Oil

Vegetable Oil

Soyabean Oil

Vegetable Ghee

Vegetable Shortening

Pasta

Wheat / Lentils

Rice and Sugar

Beauty Soap

Laundry Soap

Can Beverages

PROCEDURES FOR TRADE BUSINESS 

  1. Buyer issues ICPO/LOI to seller M/S Smart Xs Consultant Sdn. Bhd. with complete Buyer's details / Profile and Bank details;
  1. Seller Issues Sales and purchase Contract and Pro-forma Invoice Draft to be reviewed by the Buyers;
  1. The buyer returns the final Sales and Purchase Contract (S&P Contract) duly signed and sealed via email in PDF format and Hardcopy is sent by a 1st class courier service company,
  1. Buyer will then, within 5 International Banking days after signing the S&P Contract and Pro-Forma Invoice, will issue a Bank Instrument "Irrevocable and Transferable" SBLC/DLC/BG for one month's shipment value valid for whole Contract period;
  1. Upon BG confirmation and receiving of the Bank Instrument, Seller will start do the shipment within 45 business days, each shipment Seller issue the following documents to Buyer for CASH Payment by TT/Wire Transfer (Bank Swift MT103 or PAY ORDER MT103/23):
    a.  Ocean bill of lading (If CFR);
    b.  Commercial Invoice;
    c.  Charter Party Agreement (If CFR);
    d.  Title Transferred Letter;
    e.  Certificate(s) of Quantity and Quality issued by SGS or Equivalent;
    f.  Certificate of Origin;
  1. Upon Verification of Commercial Invoice, SGS Certificate and above document, Buyer make payment by CASH/MT103 wire transfer to seller or if buyer fail to make the payment then Seller will cash out the Bank Instrument as per agreed in Sales and Purchase agreement;
  1. Upon Payment receive, the seller immediately Transfer the Title to the Buyer's name and gives ETA (Estimate time of Arrival) of the Vessel to Buyer;

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