PROCEDURES

Seller sends a signed and stamped sales and purchase agreement (SAP) to buyer. Buyer signs, seal and return in PDF format to Seller and both parties deposited signed SPA in their respective banks.

Seller sends soft proof of product (POP) to buyer for verification / confirmation of product.

Upon confirmation of product, buyer’s bank issue Bank Guarantee (BG) in favour of seller.

On confirmation of buyer’s Bank Guarantee (BG) Seller send full POP to buyer’s bank. And thereafter, seller issues 2% performance bond in favour of buyer.

On arrival of product at Cotonou waters, Buyer sends vessel / super cargo details to enable seller issue marine ATB for Q and Q analysis.




On confirmation of product, super cargo remains on board and buyer issues Authority to load (ATL) to seller.

Seller issues marine NOR to buyer’s Vessel and both Vessel lop side for transshipment.

After successful transshipment Seller releases all cargo documents to buyer.

Buyer effect payment to seller and intermediaries as stipulated in the SPA.

Buyer and seller’s vessel disengaged and sails to their respective destination.
Duncan osunde
Contact 08067281692

if you have this product can you please send me the SPA now....mar_adu@yahoo.co.uk 2 buyer's are on my neck please let the buyer's side be fair enough ok..