Продаём JP 54 на условиях FOB. CIF Rotterdam

Procedures for Transaction-Simple Dip and Pay:

1. The Buyer issues ICPO with full banking coordinates and
bank confirmation letter (BCL or Reference) or certified tear sheet
confirming approximately $120 million financial capability (for 2 million
barrels) from a prime (Top 25) bank addressed to the End-Seller. * see
BCL letter template for one spot lift or BCL letter for spot plus F.O.B.
contract. Buyer’s bank must be a Top 25 Bank.
The icpo reference must match the bcl reference from bank and must nit be older then 3 days

2.
For Contract: Seller issues CI, TSR, SGS, DTA and draft
contract. Minimal changes can be made within the Draft Contract, but
THE PAYMENT METHOD & INSTRUMENT: SBLC, or BG via MT760 or
MT103 Conditional from a prime bank are NEITHER NEGOTIABLE nor
IS THE VERBIAGE ALTERABLE.

3. Upon the signature of the DRAFT CONTRACT AND THE
PROFORMA INVOICE, (or the CI only for single spot takers) from the
Buyer and once the buyer has received all the documents, the Buyer has
max. 24 to 48 hours to Check and verify the product and all the
documents (Including the DIP test report). This is at the loading port. The
Seller shall order the dip test inspection at the loading port and once the
DIP test is done successfully, the Seller issues the dip test results to the
buyer and his bank for the 24-48 hours verification. The Seller
shall also issue the Dip Test Authorization to Buyer for the inspection
test to be done at the destination port. Upon satisfactory inspection of
quantity and quality at the destination port and the Buyer approves of all
the documents, the Buyer instructs his bank to release the payment via
MT 103 to Seller. The product is then allowed to be loaded or injected to
the Buyer’s tank or vessel and Title transferred to the Buyer’s name.
4. After first successful lift, Buyer and Buyer’s bank are
responsible for lodging the approved and operative instrument to the
Seller’s bank as payment guarantee for the contract portion. The seller
immediately issues their 2% performance bond that is immediately
operative on the buyer’s bank instrument.
5. Next shipment gets prepared for those taking up the
contract.