We are a U.K based company and are currently sourcing below product for our principal Buyer DIP & PAY PROCEDURE ROTTERDAM 1. Seller send soft offer, Buyer confirms soft offer and issues ICPO.CI BANK RWA LETTER 2. Seller issues Full Corporate Offer to buyer. 3. Seller issue Commercial Show More...
We are a U.K based company and are currently sourcing below product for our principal Buyer DIP & PAY PROCEDURE ROTTERDAM 1. Seller send soft offer, Buyer confirms soft offer and issues ICPO.CI BANK RWA LETTER 2. Seller issues Full Corporate Offer to buyer. 3. Seller issue Commercial Invoice to buyer, buyer signs and return. Both parties sign MOU SPA. 4. Seller legalizes and notarizes signed Commercial Invoice with the appropriate authorities. 5. Seller issues to buyer: a. Refinery Company Registration Certificate b. Statement of Product Availability c. Authority to Sell (ATSC) and Collect d. Notarized MOU e. Unconditional DTA f. Tank Storage Receipt (TSR) g. Fresh Q & Q from SGS Rotterdam h. Injection Report 6. Buyer delivers TSA extends tank storage or send Q88 or TSR Seller sends DTA Inspection Permit for Buyer to perform Dip Test Inspection 7. Upon successful dip test QQ report, Buyer send full logistics including a Notice of Reediness- NOR for Seller to inject fuel into tanks. Buyer pays by MT-103 8. Buyer lifts product and Seller payout intermediaries involved as per NCNDA IMPFA. 9. Buyer signs one-year contract with Seller after success first shipment. Trial uplift 1M BBL and 1M Gallons followed by below. Quantity 1 to 4 Million BBLS of Jet fuel A1 for 52 Weeks with R&E FOB ROTTERDAM Quantity 1to 4 Million Gallons D6 (0,35 % Sulr 52 Weeks with R&E FOB ROTTERDAM Please see below terms and procedures open for negotiation and Discussion. Buyer will issue RWA letter from Bank for financial capability to seller with ICPO. Buyer will not issue TSA until they know there’s fuel. Buyer will need a PPOP or at a minimum ATV to verify product Buyer has a premium account with SGS, and uses SGS Rotterdam to Verify Quantify the Fuel; perform sampling for Q&Q. Once the fuel is verified by SGS we provide full logistics and purchase the fuel.
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