Looking to Buy JP54

Buy offer Details

Dear Sir
we are ready to Buy JP54
with one of these two Procedures hereby
if it is Possible please be in touch urgently ;
you can chose the Procedures that suits you the best;
the quantity requested is 2M bbls spot + 4 M bbls/ month for 12 months.
1.Procedures OPTION 1
CIF – PORT ROTTERDAM PROCEDURE

1. Seller issue FCO on Letterhead signed and seal, confirming that they are Legal Owner.

2. Buyer countersigns FCO and sends it back with Full Company Details and Banking Details.

3. Seller issue Draft Contract and Buyer accepts Draft Contract (with amendments, if necessary).

4. Buyer and Seller place Contract in their respective Banks

5. Seller issues Pro-forma Invoice (PI)

6. Buyer and Seller sign Invoice

7. All next steps have to be executed through Sellers Bank Officer and Buyers Bank Officer.
Buyer’s and Seller’s Bank will verify each other

8. Sellers Bank issues Partial POP Documents to Buyers Bank (copy to Buyer), via Sellers Bank official email address to Buyers Bank Official Email address the following :
A - Copy of Licence Certificate.
B - Copy of Statement of Availability of the product.
C - Copy of Commercial Invoice.
9. Seller sends :
A - Shipping documents, copy of CPA,
B - Q88
C - SGS Report, Q&Q
D - Report Certificate
E - Bill of Lading documents for verification

10. Buyer verifies POP and Buyer’s Bank sends via SWIFT a Non-Operative, Non Transferable,
Irrevocable, Revolving, Documentary Letter of Credit (IRD/LC) via SWIFT MT700 to Seller’s
nominated Bank, for the monthly’s shipment value, for the length of contract and for each lift-able, quantity. Buyer pays after DIP TEST by MT 103 wire transfer on each monthly quantity.

11. Seller’s Bank issues 2 % PB to Buyer’s Bank for guaranteed monthly shipment and
commence. Seller issues Full POP and shipping documents to Buyer’s Bank.

12. Seller loads Ship and nominates vessel and programs it in Buyer’s name. The CPA marked Pre-Paid is submitted to Buyer for verifi