Product Description

Russian D2 TTO-
 
Before Buyer and Seller enter into contract, Buyer and seller need to agree and confirm the following
 

1. Quality Specification
2. Price (Including intermediateries commission and mark up)
3. Quantity
4. Delivery Destination Port
5. Both Parties also agree that Payment Instrument is MT**3/*3 with bank consent and acknowledgement.
6. Both Parties agree to issue a banker cheque amount of USD XXXXXXX as performance Bond for Penalty Agreement

1. Buyer and Seller sign the Penalty Agreement
2. Seller issues Commercial Invoice before *2 PM noon of Day 1
3. Buyer shall sign back CI to Seller before 5pm of Day 1
4. Upon receiving Buyers signed Ci, Seller shall send over POP documents to Buyer before *2 noon of Day 2.
5. POP documents consists of:-
   1.  Q & Q
   2. Certificate of Origin
   3. Tank receipt
   4. Chartered Party Agreement
6. Upon received Seller POP Documents, Buyer shall issue a *0% MT**3/*3 payment instrument to Seller before 5PM of Day 4.
7. When Seller received *0% payment instrument MT**3/*4, Seller will sign NCNDA & IMFPA with ll parties involved on Day 5.
8. When cargo arrived at discharge port, Buyer shall make balance *0% payment via MT**3/TT after CIQ/SGS.
9. Seller shall within *8 hours release all commission to all parties invoved after each successful transaction.