Is this offer still available? I have a major buyer!
D2: 880/870 usd FOB Rotterdam (Trial-50k- with R/E)
Buyer submits a Corporate Overview + LOI / ICPO (template will be provided)
Seller issues FCO for Buyers review and return it duly signed and sealed.
Seller issues Draft contract for amendments to be signed by Buyer and Seller;
Buyer bank sends to Sellers bank POF (Buyer block his fund within his own account,- administration cost- no cost, no risk) for the value of the trial shipment;
Seller bank sends to Buyer bank 2%PB and partial POP: (Copy of license to export, issued by the department of the Ministry of energy, Copy of approval to export, issued by the Department of the ministry of Justice, Copy of availability of product, Copy of refinery commitment to produce the product, Allocation passport certificate issued by the ministry of energy, Copy of port storage agreement, Copy of the charter party agreement(s) to transport the product to the discharge port).
Seller Bank, when the product is at port of loading, sends to buyer bank:
ii. Q&Q by SGS
iii. Certificate of Origin
iv. Bill of Lading
Seller bank provides to Buyer bank at port of discharge:
i. Dip Test Authorisation
Payment is made by MT103 within 3 banking days after delivery of the product on board or in tank and verification of the product and the SGS reports. Title exchanged..
After successful trial shipment, Buyer lodge RDLC & seller responds with 2% PB;
Shipment commence as per mutually agreed.