 |
 |
|
| |
| |
| |
| |
| Partial POP upfront D2 Spot or contract for sale, seller's bank contact buyer's bank first
|
2010-07-31 |
| |
D2 for end Buyer or Mandate, serious brokers considered as well, but mandates and end Buyers get prefered.
Seller's bank contact buyer's bank first. If the procedure below is accetable to your buyer send ICPO with procedure included as acceptance.
Only serious buyers please.
Quantity: 500,000MT (Seller have regular tankers delivering cargo and can sign for total quantity for immediate lift)
Duration: Spot or contract
Delivery: FOB Rotterdam
Price: US$35/30 per MT off platt
Commission US$5/MT included already
Buyer need to use top 100 world prime banks preferably. Banks that are non top 100, please let us know soonest to get approval.
Procedure
1. Buyer issues ICPO with full bank detail, Buyer’s mandate/agent need to send the NCNDA/IMFPA along with the ICPO from their buyer
2. Seller issues contract. Buyer reviews draft contract, signs and return the same back to seller
3. Seller registers the hard copies of the draft contract
4. Both parties lodge the final contract with their respective banks
5. Both bank officers will arrange a time window to make sure both bank officers are aware of the contract lodged
6. Seller’s bank confirms to Buyer’s banks via secured bank fax or swift that the documents which verify the existence of the product (POP) are in its possession. They will also state that they will send the POP to the buyer after receive by SWIFT from Buyer’s bank that the Buyer is able to buy the contracted goods and will guarantee to pay as per contract.
7. Buyer’s bank issues via secured SWIFT MT799 a “message that they guarantee to pay” for the total quantity of contracted products to verify that buyer is able to buy the contracted goods.
8. After receipt and verification of the “SWIFT message that they guarantee to pay”. Seller’s bank will immediately release full documentation (Full POP) to Buyer’s bank (current SGS reports, Tank Receipts, Bill of Loadings, Q88b and Dip Test authorisation ownership title transfer form).
9. Upon confirmation of the title documents, the Buyer’s bank sends by SWIFT to Seller’s bank an MT 103 as payment for an amount equivalent to the total quantity of product immediately deliverable by Seller to Buyer, FOB Rotterdam, as evidenced by the relevant commercial invoice, storage Tanks Receipts (Located in Rotterdam port), Storage Tank receipt (s) Ownership title transfer form certified by tank farm administrator, current date “SGS Inspector Certification. Quantity and Quality” at port Rotterdam Certificate of origin of the product and all shipping documents, if any.
10. Shipment commences and title is transferred upon confirmation.
11. Seller transfers Title to Buyer’s account, upon verification of and in exchange for the payment
If acceptable to your buyer send ICPO as per above procedure to
Time wasters please stay away.
eloreb@yahoo.com
0044 79 51877341
|
| |
|
|
|
|
 Contact Information | |
| |
| Name |
Mr. Elohor Rebec |
| Company |
Member : Windom Limited |
| Email |
Log In to See Email |
| |
Inquire Now |
| Tel |
00 44 79518 77341 |
| Fax |
0044 208 516 7812 |
| Mobile |
0044 79518 77341 |
| Web |
|
|
|
 :
|
|
|
