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      You are in ::  Home > Crude > Read
Crude Oil Read
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Count : 510
BLCO FOR CHINA RESIDENT BUYERS 2020-01-26
 
PRICE 11/7
USD2 BUYER OPEN
USD2 SELLER CLOSED
USD1 TRANSACTION HANDLER CLOSED
SELLER STAYS IN CHINA UNTILL CARGO IS DELIVERED


*PROCEDURE CIF CHINA*

1,Seller issues SPA, and Buyer signs SPA after confirming content to return.

1,嵽۰巸 SPA増۰确闋薥 SPA 巸嵽۰

2, Seller and Buyer lodge SPA in each bank.

2嵽۰増۰ۯ鼝闗挮

3. Seller's shipping agent nominate Buyer's shipping agent as nominated shipping agent to NNPC.

3嵽۰峈増۰峈 NNPC 峈⡣

4,Buyers bank issue Pre-advice MT103 30% of total amount to Sellers bank as Performance Bond.

4,増۰鼝嵽۰鼝ꊫ٧ MT103 橢ꋄ 30%靎γ裍门ѡ

5. Seller's shipping agent and Buyer's shipping agent have communication enough and have vessel to sail to Buyer's designated port to discharge product into Buyer's Tank .

5嵽۰峈増۰峈捆ף꒝増۰Ϣ靎 ڪ 卸増۰θ

6. Buyer's bank make payment 30% of total amount via MT103 to seller's OR MT760 FOR TOTAL CARGO

bank.

6. 増۰鼝駮 MT103 嵽۰鼝橢ꋄ 30%靎γOR MT760 FOR TOTAL CARGO

7. Buyer investigate through CIQ.

7増۰ CIQ 狧

8. Upon successful investigation Buyer make payment 70% via MT103 within 3 working days after CIQ. At same time Seller issues New Ownership Title Certificate by Buyers name to the Buyer

8狧꒳̫増۰ CIQ 3 駮 MT103 70%靎γ嵽۰ 増۰٣塰靎ڪ嵼/煪褀増۰

9. Seller pay commission to relevant

9嵽۰ѡ

 
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Company   Member : Swiftnet inc 
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