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      You are in ::  Home > Aviation Fuel > Read
  Aviation Oil Read  
Sell :: 369
Buy :: 133
News :: 10
JP54, D6 FOR REAL BUYER ONLY 2017-01-11
 
Price jp54-38/35
D6-0.80/0.77

NON-NEGOTIATING FOB BANK TO BANK PROCEDURE
1) Buyer issue ICPO and CP.
2) Seller issues Commercial Invoice (CI) and Draft MT700 POF VERBIAGE to Buyer for countersigns and returns.
3) Seller issues PPOP documents to Buyer: Commitment to supply, Certificate of Origin, Q&Q done by indigenous lab at port of Origin, ATS (Authorization To Sell) License certificate, Statement of availability of product, Notice of Readiness (NOR) to Commence Injection of the Product.
4) Buyer issues POF via MT700 POF to financial company bank and Buyer sends copy to Seller.
5) Seller Financial company verifies the MT700 POF and sponsor Seller provides the said funds for this project and Seller moves to hire tank at their own cost and injects fuel into the hired tank and then Seller sends to Buyer and Buyer’s bank the following documents :
TSR/ATV/SGS/DTA/ATSC to Buyer and authorized Buyer makes dip test in Seller's tank.
6) Buyer conducts dip test of the fuel in Seller’s tank by SGS and makes payment of the fuel against Q&Q By SGS Report to Seller banking account.
7) Seller issues Title documents to Buyer and Seller allows Buyer to take over the hired tank storage or provides their TSR to receive the fuel into their tank.
8) Seller and Buyer pays commission against IMFPA agreement.
9) Buyer will pay 5% to Seller as penalty if the buyer fails to performed and default while Seller will pay 5% to Buyer as penalty if the Seller fails to performed and default


Note: seller side commission is close , buyer side $1.00 open and $0.50 close for Freeson /Group.
thanks
Skype : helper4real

 
 Contact Information
Name   Mr. Freeson Eze 
Company   Member : two prince LTD 
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