New fob procedures 1).Buyer issue icpo + company profile + scan copy of buyer passport as confirmation and acceptance of seller terms and conditions for sales and supply 2).Seller issue ci / spa the buyer signs and return back to seller 3).Buyer issue dlc to sellers bank as proof of fund confirming his financial capability to close the transaction with seller company 4).Seller will issue laycan with full pop plus 2%pb to buyer or buyer bank 5).Buyer conduct the dip test on the product immediately and buyer beer the cost 6).Upon successful of the dip test, seller will commence loading of the vessel 7).Once vessel complete loading, to sail buyer destination port, buyer releases full payment within 48hrs by t/t for the total value of the product. Seller hand over ownership to buyer. Notes 1: we have in russian crude oil, loading from novo, we have jp54, available at primorsk, m100 and d2 is also available on fob Notes 2: d2 , cst350, d6, jp54 | origin: gulf