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      You are in ::  Home > AGO/Gasoline > Read
  AGO/Gasoline Oil Read  
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Count : 683
Automotive Gasoline Oil (AGO) 2019-02-01
 
Price: Gross $380
Quantity: 50,000MT
Origin: Russian Federation
Loading: NOVOROSSYISK PORT RUSSIA
Port: CIF ANY SAFE WORLD PORT
Procedure:
5. OFFICIAL CIF TRANSACTION PROCEDURES

1. The Buyer issues an Irrevocable Corporate Purchase Order (ICPO) with Company profile (CP), business registration certificate and discharge port file including port operation pictures.

2. Seller issues the Draft Contract for the Buyers signatory. The Draft Contract must be duly endorsed and returned by Buyer within 3 days along with ATV (Authority to verify funds)

3. Seller releases the Partial POP Documents to the Buyer via E‐mail as follows;
a. Product passport

b. Statement of product availability

c. Refinery commitment to supply endorsed and approved by ministry of energy

d. Certificate of origin of the product

e. Company license to export

4. Upon the receipt of the Partial POP Documents, the Buyers Bank issues an Irrevocable, Non-Transferable, Non-effective, DLC MT700/SBLC MT760, in favor of the Seller / as guarantee of payment for Goods supplied, covering the one‐month delivery as per the Commercial invoice. Within 3 days of receipt of PPOP

5. After Seller Bank receipt and confirmation of the Payment Instrument, the lifting commences and the Sellers Bank shall swift the Full POP Documents to the Buyers Bank within 3 days, alongside with the 2% Performance Bond (PB)to active DLC into effective, and loading commence within 10 days. In case of delivery failure by the Refinery and the 2% of the Product worth will be paid to Buyer.

6. Buyer pays upon receipt of CIQ certificate and within 5days via (MT103) TT Wire Transfer upon the arrival of the cargo and after CIQ Inspection at discharge port. If the CIQ certificate is not issued within this period, the seller has the right to draw, down payment against the SGS report at loading.

7. Seller will release payments to the intermediaries involved within 72 hours of receiving the payment for the product from the Buyers bank.

Please only contact us if you are ready to place your order.

 
 Contact Information
Name   Mr. MJM Mining 
Company   Member : MJM Mining LTD 
Email   Log In to See Email 
   Inquire Now 
Tel   +1-850-583-1841 
Fax   +1-850-583-1841 
Mobile   +1-850-583-1841 
Web    
IP   67.177.99.57 

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