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Firm Corporate Offer (FCO)

Archived under Terminology

Firm Corporate Offer The following article details the basic elements of the standard FCO (Firm Corporate Offer also known as Full Corporate Offer) which we issue to buyers prior to signing a final contract. This is for the reference of potential buyers …

SWIFT MT-760

Archived under Terminology

SWIFT MT760 The MT-760 is a type of SWIFT message that is sometimes requested in sugar trading because it functions much like a Bank Guarantee, although it carries with it a much higher level of risk for the issuer (usually the buyer), and a reduced lev …

MT799 – What is a SWIFT MT-799?

Archived under Terminology

SWIFT CODE MT 799 When trading sugar there are multiple documents and forms requested by both parties. One of the more commonly requested, but lesser understood documents is the MT-799. Many sugar sellers will request that the buyer issue an MT-799 befo …