Description

Dear Sir We are next to seller mandate and can offer the following: Upto 5MMT D2 per month x *@********************er issue ICPO + soft probe. 2. Buyer and Seller sign Contract and lodge copies with Respective Banks. 3. The Buyer�s Bank will notify the seller�s bank by SWIFT about the readiness to execute the Contract between the parties. 4. The Seller will within 4 (four) banking days, send the 2% Performance Bond Guarantee. 5. The Buyer acknowledges receipt of the Performance Bond Guarantee to the Seller by email. 6. The Seller on, receiving the acknowledgement from the Buyer, will send the refinery Proof of Product within 4 banking days to the Buyer�s Bank. 7. The Buyer�s Bank on receipt of and verification of the Proof of Product, will send the Operative Irrevocable Transferable or non Transferable Revolving Documentary Letter-of-Credit. 8. Delivery commences as per contract. In step 6 the POP consists of; i. Copy of license to export, issued by the Ministry of Energy. ii. Copy of approval to export, issued by the Ministry of Justice. iii. Copy of statement of avail abi lity of the product. iv. Copy of the refinery commitment to produce the product. v. Copy of Transneft or other transporting company contract to transport the Product to the loading Port and full Deal Passport vi. Copy of the Port Storage agreement. vii. Copy of Port Agreement to load product (including fixed laycan) In this set of procedures the seller is giving the PB and the POP before the buyer issues his LC. Please contact me at nareshpal at yahoo dot com if have any interested buyer. Thanks Naresh