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Want to buy jp*4

  • Guatemala Guatemala  
  • Quantity Required: 5.000.000 of barriels to 50.000.000 of barriels
  • Last Updated:
    Posted on: 18 Jun 2024

Buyer Information

RFQ Details

Want to buy jp54 (Qty:5.000.000 of barriels to 50.000.000 of barriels)

dear sikr I need the sco for this products, i need the sco asap if the the price is ok and you can work with this procedure my client can send you a icpo

PROCEDURES SPOT with ROLL & EXTENTION OVER in CONTRACT 12x Months

1. Buyer submits ICPO with full banking details and NCND/IMFPA;
2. Seller provides the FCO or CONTRACT
3. Buyer sign and seal the FCO or CONTRACT and sends it back. Within 48 hours from lodging of contract, buyer’s bank submit ( MT799 or MT199) for small Quantity’s, ( MT760 or pre-advice MT103/23 ) for large Quantity’s or (DCL or BG) to seller Bank.
4. Within 8 to 24 hours after the Swift of buyer, seller bank issues the partial POP, consist of tank receipt, tank storage, and dip test authorization, via swift
5. Once verification is completed, buyer issues the MT103/23 for the value of 1st lift, and non-operative ARDLC worth for 1 month shipment value via swift as a deed of performance. The LC shall be effective for 13 month.
6. Seller swifts the performance bond worth of 2 % for 1 month shipment value, and full POP
7. Buyer undertakes the title of product, and instructs the bank to release MT103. A procedure is allowed to delegate through own respective legal counsel
8 Delivery commence


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