Selling Ad
N°680043:
Customer search petroleum gas JET A-1 AVIATION FUEL
Brand
Member Area
non negotiable procedure
cif sblc procedure
1. buyer confirms soft offer and issues an official irrevocable corporate purchase order (icpo).
2. seller sends sales and purchase agreement (spa) and buyer reverts with the following documents properly filled out to seller:
* completed spa signed and sealed.
* buyer's information sheet (cis) on buyer s letterheads, containing also:
a) copy of company registration certificate
b) passport copy of signatory
3. seller releases to buyer the below listed partial pop documents.
(a) statement of availability of product
(b) product quality passport (analysis test report)
(c) commercial invoice
(d) company certificate of incorporation and documents
4. buyer issues sblc swift mt760 (according to the seller contract verbiage) within seven (7) banking days. should buyer fail to issue instrument by the expiration of 7 business day, buyer alternatively make a payment of ten percent (10%) deposit of the total first shipment value of the product by tt wire mt 103 within 3 business days to enable refinery to secure the following documents; customs bond, certificates of inspection, ata carnet/temporary shipment certificates, master receipt for sample, weight certificate, certificate of authenticity, consular invoice. if buyer fails to issue the alternative payment after 3 business days, contract is terminated. note that seller do not keep its production allocation for any first time buyers for more than 14 business days when other serious and regular clients need same products. if buyer decided to pay the alternative 10% deposit, seller appointed bank will send a blocked fund bank guarantee to buyer s bank to cover and secure the 10% deposit paid by buyer.
5. seller signs the cpa with a shipping company and issues the full pop documents and 2% pb:
(a) certificate of origin
(b) vessel q88
(c) fresh sgs report
(d) charter party agreement
(e) ownership certificate
(f) title transfer affidavit
(g) product allocation certificate
(h) ullage report
(i) cargo manifest
(j) notice of readiness
(k) packing list
(l) bill of lading
6. shipment commences as per contract schedule.
7. within 3 working days of vessel arrival, buyer release full payment via mt103 after ciq/sgs at the destination port.
8. seller pays all intermediaries accordingly within 72 hours.
Tariff conditions : Price USD 78/-BBL
Restrictions : CIF OPTION
Packaging : CIF OPTION
Quantity : what ever quantity
Cost : Price USD 78/-BBL
