Selling N°605238:
18/07/2023 21:16:32
i work only with mandate to buyers or directly with buyers. no intermediaries. no brokers. please.
i only work with mandate to buyer or direct with buyer. no intermediaries. no brokers.
if you can work with the below refinery procedures, feel free to contact me. fob rotterdam/houston ttt/ttv
non negotiable fob rotterdam /houston transaction procedures
1. buyer issues icpo with banking details compliant to seller's terms and procedures including buyer's company registration certificate and company profile (cp).
2. seller issues commercial invoice (c.i.), buyer signs within 24 hours and returns to seller
within its validity.
3. upon receipt and review of the signed c.i., seller issues unconditional dip test authorization (d.t.a) to be completed and signed by buyer and seller's tank farm logistics where the products are stored for dip test to be conducted on the product quality and quantity analysis inside seller's tanks prior to injection of the commodity from seller's tanks to buyer's vessel/tanks.
4. buyer returns the dip test authorization (dta) fully completed and signed within its validity and upon successful review of the completed dta, seller issues the below full pop documents :
a. fresh sgs report (not older than 72 hours)
b. product reservoir receipt
c. accreditation certificate
d. product passport (quantity and quality analysis)
e. authorization to sell and collect certificate (atscc)
f. pre injection report (pir)
g. ncnda/imfpa (to be completed by all intermediaries)
h. certificate of product origin
i. authorization to verify (atv) the product
5. upon receipt and confirmation of the above pop documents, buyer provides its testing officials (sgs or intertek) and the needed test are carried out on the product in seller's tanks.
6. buyer upon successful dip test makes full payment by mt103/tt wire transfer for the total
product and seller pays commission to all intermediaries involved in the transaction within 24 hours after confirmation of buyer's payment and injection commences immediately.
7.seller issues a contract for buyer's desired duration upon successful completion of the trial order.
contract procedure cif to buyer destination port non negotiable
1.) buyer accepts seller working procedure issues an icpo with company profile and full banking coordinates, along with scanned passport copy and ncnd/imfpa completed and signed by buyer and all buyer side group recipients and passed to seller side for completion.
2.) seller acknowledges buyer's icpo and issues contract and cis (client information sheet) to buyer open for amendment, buyer completes and signs and return the contract and cis along with buyer's bank comfort letter/proof of funds (bcl/pof) swift bank to bank to the seller 2 working international days.
3.) seller within five (5) working days, at own expense, notarizes finalizes contract and submits partial pop documents to buyer via email.
• commitment letter to supply product
• product allocation certificate issued by ministry of energy
• export license issued by kazakhstan ministry of energy
• seller certificate of incorporation/registration.
4. buyer’s bank in accordance with seller’s verbiage issue sblc/mt760, irdlc mt700, within 7 working days for first shipment value to seller’s financial bank to enable seller to commence loading of product with the shipping company and release full set of pop documents after loading via bank to bank swift within 7 working days. if buyer fails to issue sblc/mt760 within 7 working days, in alternative, buyer pays via tt usd $350,000 as guarantee performance within 72 hours which will be deducted from the product face value when final payment is made.
5. seller's bank issues 2% pb in favour of buyer's bank account within 3 working days, which is submitted and detailed in the mutually agreed signed contract.
6. upon successful exchange of instrument method with buyers and sellers bank or alternative tt payment of $350,000 paid if buyer failed to issue instrument within the stipulated time frame, seller loads product within 7 working international days and send pop documents in buyer's company
name to buyer via bank to bank and a copy via email to buyer and representative. (8 sets below)
product passport
certificate of corporation
commercial invoice
company tax payer certificate
fresh q&q report
tank receipt
q88 and qualty specification
bill of lading
7. buyer notifies seller by official written notice of his bank receiving seller's pop documents whilst seller sends to buyer the registered hard copy of the contract through courier service within 3 working days.
8. shipment commences as scheduled in the contract and upon arrival of the cargo at the discharge
9. product is discharged after successful inspection into buyer's storage facility, seller transfers title of ownership to buyer, buyer's bank release payment for total value of the product to seller's bank within 72 hours by tt mt103. seller shall pay all parties involved their commission by tt within 2 working days.
10. second and succeeding shipments continues.
11. seller pays commission to all intermediaries involved, monthly, as per ncnd/imfpa
