1. Buyer issues ICPO on company’s letterhead, banking details, company details, passport data sheet, and registration copy together with CPA/TSA
2. Seller issues Commercial Invoice and ICC Warning Letter to buyer. Buyer reviews those and return back to seller with signature & seal
3. In order to guarantee performance, buyer's bank will issue SWIFT MT199 to seller bank as POF on support for the first shipment value to seller's nominated bank within 3 working days.
4. On received of the POF from buyer bank, seller release the follow POP to buyer –
a) SGS copy not older than 7 days inspected at loaded port.
b) Copy of Injection Report at Shore Tank
c) Copy of Certificate of Origin.
d) Copy of Registration Certificate.
e) Copy of Statement of Product Availability
f) Authorization to Sell and Collect
g) Attestation or Authority to Verify
h) Unconditional Dip Test Authorization
i) NCNDA-IMFPA to be signed by all intermediaries.
5. Upon buyer's successful Q & Q Dip test on the product at buyer own cost, upon buyer’s confirmation of Q&Q. Seller injects product into buyer's Tank/vessel. Seller submit total POP to buyer, buyer makes the payment for the total value of product through SWIFT MTI03/ TT.
6. Seller transfers Title of Ownership to buyer and buyer lift the product. Seller pays all intermediary involve in the transaction according to NCNDA-IMFPA.
7. Seller and buyer sign a contract for a 12-month shipment if necessary and satisfactory. The buyer schedules for the dip test at the seller’s tank storage for the every next months
Buyer is interested to receive quotations for the following RFQ -
Product Name: Jet A1 Fuel
Specifications :
Quantity: 2 Million Barrel (Trail) And 2 Million Barrel Monthly X 12 Month With R&E
Note:
Please Provide Price In Usd Per Barrel .
Requesting A Copy Of Your SCO And Sellers Past Proof Of Inspection Report
Require There Past Proof Inspection Report And Copy Of There Sco
Please provide a quotation to the following requirement from importer -
Product : Jet Fuel A1
Specifications:
Quantity: 1,000,000 Bbl Trial 4,000,000 Bbl Per Month
With 12-month Contract Second Buyer En 590 Pp 10 100,000/mt Trial 2/3 Million/mt Per Month With 12-month Contract
Note: The Buyer accepts only of their TTM procedure Is followed.
The presence of the Sellers/Buyer at the Sellers,s tank farm office in RotterdaM
For your reference, please find attached the Buyer's Procedure (PDF) outlining the transaction terms and process.
Should your company be in a position to meet the above requirements, I would appreciate your prompt response with indicative procedures and availability.
