En590 Fob Rotterdam

SPOT DEAL FOB PROCEDURES FOR ROTTERDAM.

1. Buyer issues IPO in buyer company letterhead and buyer details.

2. Seller issues commercial invoice for buyer to buyer to review sign and return to seller within 48 hours with their Tank Storage signed Agreement (TSA) or CPA

3. Seller issues below Partial Proof of Product
documents (POP) as below:
a) Commitment to supply.
b) Authorization to Sell and Collect (ATSC).
c) Authorization to Verify.
d) Product Passport.
c) Certificate of Origin.

4. Buyer rents storage tank in Rotterdam and issue tank storage receipt and notice of readiness to receive the products in buyer's rented tanks or vessel details with NOR and ATI.

5. Seller notarizes the commercial invoice and ship product to Rotterdam. Upon arrival, injects product into buyer's rented tanks in Rotterdam or vessel and issue unconditional dip test authorization.

6. Upon confirmation of the quantity and quality of the product through SGS or its equivalent, buyer makes payment for the product via MT103/TT to seller's provided bank account and simultaneously seller transfers title of the product to the buyer.

7. Seller pays commission within 48 hours by swift MT103 to all intermediaries as signed
NCNDA/IMPFA

SOP to be followed strictly, Commissions 10$, 1:1. Please WhatsApp me for more details.