Product Description

SPOT AND *2 MONTH CONTRACTS ARE BOTH AVAILABLE. BUYER ISSUES ICPO TO INCLUDE NAME AND ADDRESS OF BANK SELLER ISSUES FCO WITH BANKING COORDINATES AND INSTRUCTIONS FOR SWIFTING MT**9/RWA BUYER SIGNS SEALS AND RETURND FCO AND ISSUES SWIFT TO SELLER'S BANK SELLER'S BANK UPON RECEIVING SWIFT CONFIRMING AVAILABILITY OF FUNDS RELEASES POP (SGS + TANK RECEIPTS) WITHIN TWO TO FOUR BANKING HOURS. BUYER HAS *8 HRS TO SWIFT MT**9 PAYMENT FOR PRODUCT IN FULL (TITLE TRANSFER UPON RECEIPT OF PAYMENT IN FULL). NOTE: PROCEDURE IS FIRM. SELLER DOES NOT WAIVER.