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Trade Process

Explore Our Seamless Process for Global Commodity Trading

We specialize in facilitating smooth and efficient international commodity trade, ensuring a seamless experience for buyers and sellers worldwide. Whether sourcing premium food commodities or trading bulk agricultural products, Fastway’s global sourcing process is designed to simplify transactions, reduce risks, and deliver high-quality goods reliably and on time.

Our Process: Step-by-Step Guide

Here’s a quick overview of Fastway’s structured and proven trade process for commodities such as edible oils, sugar, and other high-quality agricultural products:

  • Buyer Sends LOI – The buyer submits a Letter of Intent to initiate the trade.
  • Seller Issues FCO – Fastway provides a Full Corporate Offer outlining product details and terms.
  • Buyer Confirms with ICPO – The buyer signs the FCO and returns it with an Irrevocable Corporate Purchase Order.
  • Draft Contract (SPA) Issued – Fastway prepares the Draft Sales and Purchase Agreement for review.
  • Contract Review & Signing – Buyer reviews, signs, and returns the SPA to confirm terms.
  • Proof of Funds (POF) – Buyer submits proof of funds as per contract requirements.
  • Proforma Invoice (PI) – Fastway arranges the Proforma Invoice detailing order specifics.
  • Payment Guarantee – Buyer opens a Letter of Credit (L/C) or pays a deposit according to contract terms.
  • Production & Inspection Preparation – Seller schedules production and confirms readiness for inspection.
  • Third-Party Inspection – SGS or equivalent third-party inspection report is issued.
  • Shipment & Logistics – Bill of Lading and all export documentation are prepared.
  • Balance Payment – Buyer completes remaining payment as per contract.
  • Delivery & Confirmation – Goods are delivered to the buyer’s port, and receipt is confirmed.

Get Your Personalized Quote Now

Request your quote today, and let us help you find the perfect sourcing solution for your business. Experience the ease of working with a trusted partner dedicated to delivering value and excellence. Your satisfaction is our priority, and we look forward to serving you.

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