LAND TANK FARM PMS DELIVERY: N86+3

1.The Buyer and the Seller sign the SPA Contract Agreement listing terms and conditions of transaction and indicating Buyer and Seller banking coordinates with a proof of fund or BCL by swift bank to bank
2.Seller releases the Q88 of Loaded cargo documents with Pro for ma invoice.
3.Buyer confirms Vessel document/SGS report from the port of Loading and issues Bank Guarantee for entire Cargo without disclaimer Bank to Bank.
4.Seller authorizes Vessel Master to issue Marine ATB to the Buyer for Q&Q inspection and release SGS report to both buyer and seller.
5.Buyer provides details of his Port of Discharge (POD) and Harbor Master and their Forwarding Agency to the Seller.
6.Vessel commences discharge into Buyer’s Tank Farm within 6hrs after Q&Q Report is released. Within 12hrs after discharge, Captain releases Discharge Certificate and Master Receipt to Buyer and Seller.
7.Payment for the full Cargo is effected by the Buyer’s Bank via KTT SWIFT WIRE TRANSFER to the Seller’s designated Account and to all commission beneficiaries within 24 hours after Discharge based on out turn and storage Q&Q Report.
8.Above process is repeated for next transaction, until Contract is concluded.
PAYMENTS:
The payment for each cargo delivered shall be secured through Bank to Bank transfer by the Buyer’s Bank immediately after the confirmation of receipt of products by Buyer’s Captain to Sellers Bank and Consultant, including all Agents and Facilitators within 24hrs.
BANK CHARGES:


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PMS/PREMIUM MOTOR SPIRIT( CoTONOU TANK FARM DELIVERY)USD PRICE:USD930 MT + USD20PER MT


1.Buyer and Seller sign Contract (SPA) and return with valid tank farm invoice details, NOR format, phone numbers of the paymaster, seller and buyer deposit with their respective Banks.

2. Buyer give seller FULL BG covering the whole cargo or Buyer’s through his bank or in person issue a DRAFT/MANAGER’S CHEQUE of Ten million Naira and IBPU to seller’s and bring it to seller’s bank and seller give buyer an open cheque of N10m of a well-funded Corporate account cashable if seller fail to give NOR after 72hrs. This DRAFT/MANAGER’S CHEQUE must be presented on or before 12noon.

3.Seller’s Vessel load and issue NOR and ETA to Buyer’s Storage. Buyer’s/ Storage acknowledges and responds to the NOR and Seller cash the N10m draft. If buyer fail to perform after receiving NOR within 72hrs, buyer will forfeit the N10million but will be deducted from total sum if buyer raises BG/IBPU within the time limit of 72hrs, therefore buyers are advised to notify and instruct their banks to start the preparation of the BG on time.

4. Buyer’s Bank issues FULL BANK GUARANTEE within [72} hours of issuance NOR and ETA to buyer’s Storage Assuring Seller that BUYER’S BANK will pay for the Product after delivery to Buyer’s Storage.

5. THE BG/IBPU MUST BE WITH A RED LINE OF 100,000,000 NAIRA RED LINE OF WITHDRAWAL FOR CLEARANCE OF VESSEL TO BERTH AT THE TANK FARM

6. Seller’s Vessel sails to Buyer’s Storage Jetty after seller receives FULL BANK GUARANTEE, Seller’s Vessel Captain issues MATB for Buyer’s Supercargo and Inspectors to board Vessel and conduct Q&Q Inspection Tests on the cargo.

7. Buyer’s Supercargo and Inspectors conduct Q&Q Inspection Tests at Buyer’s Costs, and issue Q&Q Tests Results to Buyer and Seller.

8.Seller regulates and transfers all relevant Cargo Documents to Buyer.

9.Seller’s Vessel discharges to Buyer’s Storage.

10.Within Twenty-Four (24) Hours of Q&Q, Payment for the delivered Cargo is effected as the Bank Guarantee/IBPU is cashed.

11.Next Shipment is scheduled until total volume is delivered.


PLEASE CONTACT ME IF YOU HAVE A RELIABLE BUYER:

ALBERT
billinternationalservices2011@gmail.com
TEL:08138735089