D2 350/360
JP54
43/40
MAZUT 100 260/250
Payment: By Irrevocable, Confirmed,
transferable Standby Letter of Credit
Or Letter
of Credit (SBLC or RDLC) on the one month delivery payable 100% at sight
After presentation to the buyer bank full set
of Documents required for payment with
Validity
of 12 +3 months (in case of delay).
POP: To be issued by seller’s bank to buyer’s
bank.
Inspection:
By SGS, Certificate of quality and quantity,
radioactivity and all
Shipping documents
listing in contract.
PB: 2% PB
OPERATION PROCEDURES
1. Buyer
issues ICPO directed to Ansad P
2. Seller
issues FCO, buyer’s return with acceptance letter sign and seal.
3. Seller issues draft contract open for
amendment,
4. Buyer and Seller signs and seals
to confirm with electronic signature along with
POP from sellers bank. Contracts are to be lodged into bank respectively
with
AVALIABILITY OF PRODUCTS.
1, Copy of the Export License,
2. Copy of the Storage License
3. Copy of bank Swift POP confirmation for
delivery
4. Copy of the refinery Commitment to
produce the
Product.
5. Copy of statement of availability of the product
6. Charter party agreement.
5. Buyer issues SBLC to Seller’s Bank
6. Seller issues full
POP to buyer’s bank and send by courier all endorsed by
Ministry justice and Russia notarized hard
copy.
7. Seller’s bank issues operative 2% PB
to buyer’s Bank.
8. Shipment commence as
scheduled in contract.
E-mail:samirsat25@yahoo.com
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