1. The buyer issues his ICPO to seller.
2. Seller issues this agreement for both parties to sign within 24 hours, buyer signs and send back with to fulfil the contractual agreement.
3. Upon signature of this agreement, the buyer issues DLC MT700 for USD 10 million 30 days deferred for as payment shipment/ guarantee
4. Seller issue POP documents as listed in DLC below for acceptance
through bank:
A . Certificate of Origin.
B. Product quality passport (Analysis test Report).
C. Commitment To Supply.
D . Bill of Lading.
E. Cargo Manifest.
F. NOR – Notice of Readiness.
G. Vessel ETA.
H. ATCS – Authorization to collect and sell Vessel
5. Vessel arrives at discharge port. Seller issue MATB for inspection team to board
6. Buyer carry out the CIQ/SGS inspection and upon asuccessful inspection, buyer makes payment for product by MT103 within 72 hours.
7. Seller transfers full set of title documentation to the buyer’s name
2. Seller issues this agreement for both parties to sign within 24 hours, buyer signs and send back with to fulfil the contractual agreement.
3. Upon signature of this agreement, the buyer issues DLC MT700 for USD 10 million 30 days deferred for as payment shipment/ guarantee
4. Seller issue POP documents as listed in DLC below for acceptance
through bank:
A . Certificate of Origin.
B. Product quality passport (Analysis test Report).
C. Commitment To Supply.
D . Bill of Lading.
E. Cargo Manifest.
F. NOR – Notice of Readiness.
G. Vessel ETA.
H. ATCS – Authorization to collect and sell Vessel
5. Vessel arrives at discharge port. Seller issue MATB for inspection team to board
6. Buyer carry out the CIQ/SGS inspection and upon asuccessful inspection, buyer makes payment for product by MT103 within 72 hours.
7. Seller transfers full set of title documentation to the buyer’s name
