CHINA TANK FARM BLCO DELIVERY VIA MT700 DLC
1-2 MILLION BARRELS.
DISCOUNT: USD10 LESS 4
( 1)Buyer and seller signs contract and deposit with their
(2) Buyer ask his bank to issue a RWA/BCL via Swift 199 or M799 free
bank messaging system to the Seller bank to confirm readiness to
issue a M700 DLC
(3) Seller bank confirms that 2% PB will be issued upon the receipt of the MT700 DLC
(4) Buyer issue MT700 DLC to the sellers bank and send NOR/ATB Format
(5)Seller issues 2% PB , prepare and load a Vessel from NNPC Tank farm in China, send NOR/ETA and conclude Q & Q(Dip-test) with the Buyer
(6) CIQ issues report to Buyer and Seller;
(7) With the report, Buyer make payment via MT 103/TT to NNPC AND facilitators
(8) Seller transfer title and provide all documents for custom clearance
BUYER SHALL PAY TRANSACTIONS MANAGER 50 CENT FROM THE BUYER SIDE COMMISSION TO MAKE THIS DEAL WORK.
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