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D6 Mazut D2 LCO etc on CIF ASWP 2019-03-07
 
CIF (COST OF INSURANCE & FREIGHT)
(TERMS OF SALES & DELIVERY PROCEDURES)

1. Buyer issues genuine ICPO with Ref No + Business Registration Particulars to the principal seller.
2. Seller sends Sales & Purchase Agreement (Draft Contract) and NCNDA/IMFPA to the Buyer.
3. Buyer signs and returns the Sales & Purchase Agreement (Draft Contract) with amendments
(If Any) with completed NCNDA/IMFPA to the principal Seller.
4. Seller sends to the Buyer the outlined documents;
 Registered Copy of Sales & Purchase Agreement (Draft Contract).
 Copy of Business Registration Particulars.
 Commitment Letter to Supply the Product.
 Statement Letter of Onward Deliveries & Loading Schedule.
 Commercial Invoice.

5. Within three to five (3-5) Banking days of receipt of the registered Sales & Purchase Agreement (Draft Contract) by the Buyer, the Sellers Bank delivers by MT-799, the RWA along-with a pre-advise 2% Performance Bond to Buyer's Bank.
6. Buyers Bank responds with RWA stating their readiness to issue Operative Documentary Letter of Credit of the total Cost of Product value which will activate the 2% Performance Bond.
7. Seller sends to the Buyer, the outlined documents;
 Certificate of Origin issued by the Chamber of Commerce.
 Copy of Export (Customs) Declaration.
8. Seller, within five (5) Banking days confirms acceptance of Buyers DLC, Seller nominates a Vessel and notify the Buyer for acceptance. Seller loads the cargo and conducts SGS Inspection at Port of Loading. After successful loading, the Seller sends to the Buyer, the outlined documents;
 Bills of Lading.
 SGS Certificate of Weight, Quantity, Quality & Packing.
 100% Cargo Insurance Certificate.
9. Upon Buyers confirmation and verification of Shipping documents and SGS Inspection Report, the loaded Vessel sets off Sailing to Buyer's Destination Port.
10. Upon Vessel arrival at Destination Port, the Cargo shall be Inspected by the Buyer's designated Inspectors for Q&Q and product verification before the Cargo shall be discharged.
11. Upon verification and satisfaction of the product after full discharge at the final destination Port, the Buyers Bank shall settle payment with the Sellers Bank by charging DLC against the Shipping documentation as per Contract.

MANDATORY:
ICPO MUST INCLUDE THE PRINCIPAL SELLERS PROCEDURES
PRICES:
PRICES ARE NEGOTIABLE, AND COULD BE QUOTED IN EUROPEAN PLATTS IF REQUIRED

Contact us for details
 
 Contact Information
Name   Mr. Gabriel Oluf 
Company   Member : World Gold Diggers 
Email   Log In to See Email 
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Tel   00000000000 
Fax   00000000001 
Mobile   00000000002 
Web    
IP   82.31.238.95 

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