Trade Lead Description:
EUROPE CIF POF PROCEDURE (No Swift Instrument required – Acct officer to Acct officer)
1. Seller shall issue SPA. 2. Both parties sign and seal contract including banking coordinates
3 Within 24 hours, Buyer’s bank shall send issue Proof of Funds Letter to Seller’s Fiduciary Bank [ HSBC ] via bank email to the Seller’s Account officer. 4 Upon confirmation of Proof of Funds, Seller shall Nominate/ load vessel, Place buyers name as “CONSIGNEE" of loaded cargo per All loading Document Listed: 5 Upon receipt of cargo docx, Buyer shall forward: Gen. ATB, NOR / ETA Format, SC/Inspectors details
6 Seller's Capt. issues an ETA / NOR, Vessel sails to buyers Q&Q location - Rotterdam. 7 Buyer will be given the vessel captain's detail for easy communication. 8. Seller's vessel master issues ATB. Boarding at Buyer’s epenses
9 Q&Q is done n result released. 10 Buyer shall within 24 hours place MT 103/72 based on the Qand Q report
11 Cargo is discharged into Buyer’s tank
12 Buyer make FULL payment for cargo within 24 hours by SWIFT MT 103
13 Title transfers to buyer
Contact me. Real buyers/mandates only!
Type of Offer: |
Offer to Sell |
Quantity: |
2-8MILLION BBL |
Packaging: |
Vessel (Bulk) |
Price / Incoterms Conditions: |
$7/4 CIF ASWP EUROPE |
Posted from Ghana - Greater Accra on 9 March, 2016
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