En590 D2 D6 IFO380

PROCEDURES DIP & PAY FOB NOVO/ ROTTERDAM 1.Buyer give us information: product name, volume, delivery location. 2.We draw up an application for the necessary product. 3. After approval of the application 1. Buyer issues ICPO with all banking information, company profile and show signature of authorized Corp decision maker or resolution letter. * 2.Buyer concludes an agreement with the agency(1.5%). Payment will be made after payment of the main contract. (The contract with the Agency is a prerequisite. The Agency is the Guarantor of the deal). * 3. Seller issues Commercial Invoice (CI) complete with bank information for countersigning, TSR and Fresh Analytical test result at Tank farm Rotterdam to Buyer. 4. Buyer returns to Seller signed/sealed CI and TSA for Seller approval or requests the lease extension of the Seller's TSR at Buyer expense. 5. Seller approve buyer TSA for buyer to proceed or grants (if request) the lease extension of the Seller's tank (TSR) for the time necessary for the injection of product into the tank of the end user. 6. Seller issues POP documents to Buyer via Commitment to supply. Certificate of Origin. Authorization to Sell and collect. License Certificate. Statement of availability of product. Notice of Readiness to Commence Injection of the Product. Unconditional Dip Test Authorization. Pre-Injection Report. TSR as Tank with fuel to inject in buyer tank. Authorization to Verify. Fresh SGS. 7. Seller inject fuel into End User tank and Buyer Pays by MT103 against SGS report. 8. Seller issues Title ownership documents to Buyer. 9. Commission paid against IMFPA agreement. CIF FOR MONTHLY CONTRACT THAT FOLLOWS: 1. Seller and Buyer sign contract for Monthly delivery. 2. Buyer open /MT760 for monthly shipment and Seller open 2%PB to buyer. 3. Seller inject fuel into buyer tank and Buyer Pays by MT103 against SGS report and Seller issue Title ownership documents to buyer. 4. Commission paid against IMFPA agreement. Loading port: Primorskiy, Novo, Ust-Luga. Destination Port: Rotterdam, any world safe port AWSP. Inspection: SGS Seller Expense at loading port CIQ Buyer expenses at discharge port. Payment: MT103, TT/ Performance bond: 2% of transferred Value. ***If there is no TSA, send an official request with ICPO. ***The procedure is final and cannot be changed.