USD$ 920/MT FIXED
USD $10 GROSS COMMISSION
INVOICE TOTAL USD$51,216,400.00
PROCEDURES
BUYER MUST PAY IN ACCORDANCE TO THE CLOSING PROCEDURES STATED BELOW VIA MT103 BY THE EXPIRY DATE AND TIME NOTED ON THE COMMERCIAL INVOICE.
CLOSING PROCEDURES:
1. Seller issues Commercial Invoice to Buyer to sign, Seal & return to Seller
2. Seller provides INSPECTORATE/VERITAS Q&Q Report to buyer for verification together with:
- Letter from seller confirming authenticity of the Dealer
- Commercial Invoice with pricing dated same day as SGS Report
3. Buyer verifies all documents and pays via MT103 within 24 hours of receipt of the INSPECTORATE/VERITAS Report for Quality and Quantity to the account listed in ‘Seller’s Banking Coordinates’ on this Invoice.
4. Title is transferred to Buyer (EX-TANK)
5. Buyer lifts product within 5 days of receiving Quality & Quantity reports completed by INSPECTORATE/VERITAS. Buyer is responsible for any/all penalties issued by Seller for failing to lift the cargo within the specified timeline in this Invoice.