Procedure forn barrel
Nominations, Shipment & Procedures

Buyer and Seller sign and seal this Contract including banking coordinates and exchange the signed copy by electronic

mail. The electronic signed copy by both Parties is considered legally binding and enforceable.
seller sends contract with partial proof of products (ref.bulk allocation)

Buyer bank send proof of fund bank to bank to seller bank confirming the capability of the buyer that the buyer have the

money to purchase after confirm the availability of fund.
Buyer’s bank send SBLC / BG MT760 as a Payment Guarantee to the amount of one month’s shipment to the Seller’s bank

revolving for one year one month.
Seller will post a 2% performance bond to the Buyer’s bank.
Within (14) banking days the (Seller issues the confirmable POP and PROVISIONAL LIFTING RIGHT )and NOMINATED VESSEL details

in Buyer’s name for one way voyage charter or full charter to Buyer’s port of dis-charge.
Within the next sixteen (16) banking days, Seller furnishes Buyer with CPA & Q88 and the following documents are provided

to Buyer and/or Buyer’s bank:
Clean – on – Board Ocean Bill of Lading
Certificate of Quantity (SGS or equivalent)
Certificate of Analysis (optional)
Certificate of Origin
Certificate of Quality
Seller’s Commercial
Certificate of Quality
Seller’s Commercial Invoice
Vessel Ullage Report {optional}
Receipt of Samples (optional)
Cargo Manifest

After the vessel has discharged its cargo at Buyer’s designated port outlined above and Buyer has received the Port

Discharge Q & Q Report from SGS Inspectors, including all relevant documents presented by the Seller after the time of

cargo delivery as required by the payment instrument, Buyer must make the payment by MT103 OR SWIFT Wire Transfer to

Seller’s Bank Account for this transaction and to all Payees named herein.
Payments are made by MT103 OR Swift Wire Transfer directly to the Seller’s bank accounts and all parties as stipulated in

this agreement within three (3) international banking days after product delivery and discharge at Buyer’s nominated port

of discharge against presentation of stated shipping documents (non-negotiable copies) at Buyer’s bank.
The signatures on this contract by the Buyer and by Seller mean both parties accept all the contents as for Quantity,

Price and Procedure.

if you are a genuine buyer, contact us:

+234(0)8037877222
+234(0)7040078400
bizzlink22@gmail.com