BLCO Needed Urgent - Business To Business - Nairaland
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Blco Needed Urgently / Blco Needed On Cif With POP / Loaded Vessel With Blco Needed Urgently In Cotonu Waters (2) (3) (4)
| BLCO Needed Urgent by truckin: 10:17pm On Nov 04, 2013 |
Current buyer(26 nov 2013) $9 LESS $5 8 M barrel / month 3 years contract. PROCEDURES (C.I.F). 1. Seller issues Sales Purchase Agreement. (S.P.A), Buyer signs and return with port of discharge and NOR detail. 2. Seller’s fiduciary bank confirms to the Buyer's bank via MT-199 that its ready willing and able (RWA) to issue a 2% Performance Bond of the equivalent of the first delivery of 8 million barrels after confirmation of Buyer’s readiness to issue Non Transferable Revolving SBLC. 3. Buyer’s bank contacts Seller's fiduciary bank via pre-advice (SWIFT MT-199) indicating interest to issue a Non Transferable Revolving SBLC value for entire delivering. Also appending agreed SBLC verbiage. 4. Upon receipt of Buyer's MT-199, Seller’s bank will automatically issue a 2% Performance Bond to Buyer’s fiduciary bank. Buyer’s fiduciary bank reciprocates with an Operative Non Transferable Revolving Stand-By Letter of Credit. 5. Seller nominate Laycan (Programming), Loads and commences movement of vessel to Buyer’s discharge port and avails Buyer full set of loading documents. 6. Seller authorizes Vessel Captain to give Notice of Readiness (N.O.R/ETA) to Buyer’s discharge Harbor/Tank. 7. Seller issues Authority to Board (ATB) to enable Buyer’s independent inspector’s board for Quality and Quantity (Q&Q) analysis at agreed designated location. 8. On successful conclusion of Q&Q analysis, all Original Cargo Documents shall be transferred to Buyer's name. 9. Transshipment to Buyer's Storage Tank commences. 10. Payment for product is released to Seller's nominated bank (and commissions as per IMFPA) in 48 hours after transshipment of product at PORT OF ROTTERDAM at out turn barrels upon presentation of the transaction documents at Buyer’s bank. I and my buyers contact will be accommodated on seller side as the buyer wants their side free. cunajservises@gmail.com |
| Re: BLCO Needed Urgent by bejeria101(m): 12:28am On Nov 07, 2013 |
Wll send your procedure to my seller if its ok wll get bak to you,bolaggio@gmail.com |
| Re: BLCO Needed Urgent by truckin: 2:04pm On Nov 26, 2013 |
Can any seller match this procedure? Pls no time wasters. cunajservises@gmail.com |
| Re: BLCO Needed Urgent by truckin: 12:25pm On Nov 27, 2013 |
Two weeks to terminal closure... |
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