Description

ALL PRODUCTS RUSSIAN / ROTTERDAM / HOUSTON ORIGIN
1. Buyer Company Issues LOI/ICPO to Purchase Products along with Tank Storage Agreement (TSA/ATV) as Proof of Storage Availability.
2. Seller issues CI with ICC Letter for Available quantity in the Storage Tank to Buyer, Buyer signs and return to Seller with Scan Passport Copy/NCNDA/IMFPA signed by all Groups with Commission Structures.
3. Seller issues Dip Test Authorization Letter sign by all Parties including Buyer Tank Farm for Proof of Readiness.
4. Seller Approve the DTA attached with Fresh SGS/Injection Report & Tank Receipt to Buyer Company, Buyer instruct SGS agent to conduct Dip Test of the Product Allocation in the Sellers Tank on Buyer Expense.
5. Upon Successful Dip Test, Buyer Provides Vessel or Tank Terminal Details, Seller shall immediately submit the Full Proof of Product (POP) to the Buyer Company, Injection of the Product Proceed.
6. Buyer Makes **0% Payment by MT**3 / TT wire Transfer within *4hours , after confirmation of Buyers payment;
7. Seller issues Final Agreement to Buyer Company to review Contract on R/E Monthly Deliveries.
8. Buyer review and approves Contract and Issues SBLC/IRDLC Irrevocable, non-transferable, auto revolving for *2 months Shipment Value, Documentary Letter Of Credit for Length of Contract and for each lift-able as schedule.
9 Buyer pays after successful Dip Test by MT**3 Wire Transfer on each Monthly Quantity.
*0. The Subsequent delivery shall commence according to the terms and conditions of the Contract and Mandates /Intermediaries receive their commissions according to Monthly Deliveries