Contents
Sales contract
If you are wondering how to make a sales contract in foreign trade transactions then in this post, we would help you to understand them thoroughly
What should be included in a sales contract
1. Contract number, date
2. General information: Name, address, contact line of
- Seller
- Buyer
3. Commodities term
If your consignment has more than one goods, you should make a table of information for to be more clarified.
This tables should consist of
- Name of commodities
- Specification
- Quantity
- Price
- Amount
Noted
- Specification section described the item in its natural state ( including color, suspensibility, the active ingredient content and size)
- Quantity section could be recorded in absolute value or approximate value
- Origin of the goods should also be stated according to the contract, CO (certificate of origin)
- Price: The price term must be indicated correctly in accordance with incoterm and its publication
4. Packing and shipping mark
5. Shipment
After reaching an agreement on the shipment and delivery, both parties should negotiate to specify the clause of shipment with the items as belows
- Port of shipment
- Port of delivery
- Delivery time
- Partial shipment
- Transshipment
- Notice of arrival
6. Payment
This is also one of the most important articles in a sales contract since it directly affects both parties and a lot of disputes and conflict arise from an unclear payment term
Therefore, a regular payments clause includes
- Method of payment
- Currency
- Amount of payment
- Beneficiary information: address, bank account, beneficiary’ bank information
- Time of payment
In foreign trade transactions, the most popular modes of method refer to:
- Telegraphic transfer
- Letter of credit
- Bill of exchange: Document against payment, document against acceptance
7. Documents
The original contract usually requires six documents for negotiation
- Commercial invoice
- Original clean shipped on board bill of lading
- Packing list
- Certificate of analysis
- Certificate of origin
- Insurance policy
- Payment document
8. Arbitration
If disputes arise and both parties could not negotiate amicably, they could hire a an arbitration court to solve it. This term should state out the applicable law and place of arbitration clearly
9. Force majoure
In case of unexpected events, neither parties shall be liable for such cases as: natural disaster, war, strike,…
10. Confirmation by both parties: signature
Beside consultancy services, Indochina Post also provide other services such as
- Packing, storage of cargoes
- Unloading, dunnage, scraping goods (in case of necessity)
- Control of, test items, goods
- Consultancy transport route selection, transport vehicles
- Express, , Sea cargo transportation
- Warehousing services
- Customs procedures; procedures at ports, airports, industrial zones; service application for the licens
In Indochinapost, you would have the fully satisfaction as
- Indochinapost always uphold the safety and security of goods as well as customer information to the top
- Good price: the cost of rental vans at very preferential Indochinapost. At Indochinapost, we ensure service delivery to customers with the most competitive prices.
- Time 24/7: whenever, where, when customers need to rent trucks for transportation of goods, Indochinapost ready to provide services quickly and efficiently
- Large car brigade, large, good quality, can meet all the requirements of customers at any given time
- Professional staffs with long term educated period in logistics and foreign trade.
