Selling N°674911:
27/02/2025 14:59:27
npk 17:17:17 fertilizer
origin: kazakhstan
quantity: minimum of 5,000 metric tons per month and maximum of 50,000 metric tons per month
delivery: cif any safe world port
price: gross usd $505/ net $495 per metric ton
commission: usd $5.00 seller side, $5.00 buyer side per metric ton
supplier terms and procedure (cif).
1. the buyer issues an irrevocable corporate purchase order (icpo) along with their company profile.
2. the supplier verifies the icpo and issues a sales & purchase agreement (spa) to the buyer for signature
and seal, incorporating any necessary amendments.
3 the buyer signs and returns the spa to the supplier for final approval.
4. once the spa is sealed by both parties, the supplier provides partial proof of product (pop) to the buyer,
including:
(a) statement of availability of the product
(b) copy of refinery commitment to produce the products
(c) passport certificate of the product
5. the supplier sends the attestation act of transfer agreement to the buyer , who signs and returns it. the
buyer then secures the allocation passport certificate (apc) , which officially transfers ownership from the
seller s name to the buyer s name. this step requires approval from relevant authorities and involves payment
of the product allocation fee as per the spa.
6. the shipping company presents the booking vessel (e.g., q88) to both parties for verification. upon
confirmation, the supplier proceeds with shipping payments to initiate loading upon the vessel's arrival at the
port.
7. after confirming payment, the supplier sends registered hard copies of the contract and partial pop to the
buyer via governmental courier service.
8.upon receiving the hard copies, the buyer submits them to their bank to establish bank to bank communication
between the supplier s and buyer s banks.
9. within three banking days of receiving the contract hard copy, the supplier's bank issues:
full proof of product (pop) documents issued in the buyer s name
a 2% performance bond (pb) to secure the terms of the dlc, irdlc, bg, or sblc mt760, activating the
buyer s corresponding financial instruments.
petrol invest, spol. s.r.o established 13.08.1997
10. the supplier instructs their bank to release the following documents to the buyer , along with the 2% pb:
copy of statement of availability of the product
certificate of origin
certificate of inspection
full packing list
copy of port storage agreement
copy of charter party agreement
passport product and analysis report
sgs report
copy of refinery commitment to supply the product
bill of lading
tank receipt
net weight
vessel details (e.g., q88)
notice of readiness
cargo manifest
11. shipment begins according to the terms and conditions outlined in the contract and adheres to the agreed
delivery schedule.
12.the seller's bank releases commissions to mandates and intermediaries as per the agreed terms.
pour afrique, 50 pour cent de paiement au moment de l'embarquement et le solde a l'arrivee
