GSE GREEN STREAM
ELITE GMBH
HOW WE WORK

From enquiry to archived file

The same six steps run on every transaction, whatever the product.

PROCESS

Six steps

01

Enquiry and screening

We record product, quantity, destination country, consignee and end use. Before a quotation leaves our office, the counterparty, its ultimate beneficial owners and the destination are screened against restrictive-measures lists. An enquiry we cannot screen is an enquiry we decline.

02

Sourcing and supplier qualification

Suppliers complete a written questionnaire covering legal identity, register data, licences and permits, production or collection capacity, specification capability and references. Documents are kept on file and reviewed before each new season or contract.

03

Contract

GAFTA or FOSFA standard forms where the trade allows. Incoterms 2020. Quality and quantity final at load port unless otherwise agreed. Force majeure, inspection, arbitration and a sanctions clause are part of every contract we sign.

04

Pre-shipment inspection

An independent inspection company is appointed under the contract to determine quantity and quality and to draw and seal samples. Retained samples are held for the period agreed in the contract.

05

Shipment, customs and documents

Cargo booked and shipped. Where the goods require pre-notification on entry into the European Union, the consignment is entered in TRACES and presented at a border control post. Documents are presented against the agreed payment instrument.

06

Records and traceability

For every consignment we can identify the supplier it came from and the customer it went to. Records are retained for five years.

DOCUMENTS

What travels with the cargo

Six documents, each issued by a named party. A buyer can ask for any of them by name before the goods move.

01

Sale contract

GAFTA / FOSFA form

02

Inspection certificate

independent surveyor

03

Bill of lading

carrier

04

Certificate of origin

chamber of commerce

05

Phytosanitary / health certificate

competent authority

06

Insurance certificate

per agreed Incoterm

TERMS

Commercial terms

ItemStandard position
Delivery termsIncoterms 2020. FOB, CFR, CIF and DAP quoted on request.
Contract formGAFTA or FOSFA where applicable; otherwise our own written sale contract.
PaymentIrrevocable documentary credit or cash against documents through a bank established in the European Union. Open account only against an agreed credit limit.
InspectionIndependent inspection company appointed by agreement; costs allocated in the contract.
InsuranceCargo insurance per the agreed Incoterm; certificate provided where we are the insuring party.
Governing lawAustrian law, excluding its conflict-of-law rules and, where agreed, the CISG.
DisputesArbitration under the applicable trade association rules, or the courts of Leoben, as agreed in writing.
NOTE

This page summarises our standard position. The terms that apply to a transaction are those set out in the signed contract and our general terms of business.

Tell us the product, the destination and the end use.

Every enquiry is screened before a quotation is issued. That is the first step, not a formality.

Request a quotation