BLCO | Buyers | BLCO.org 

BLCO



Buyers Published date: December 29, 2014 Modified date: January 2, 2015



PROCEDURE: TTO 2 MILLION BARRELS $17/4 OR N55/4

1. Seller send SPA and ATS.

2. Buyer signs SPA and returns with Marine ATB formant and ICPO bearing details of {LC}

3. instrument already in Access Bank Plc

4. Seller issues Marine ATB and Clearance and boards Buyer Super Cargo. Buyer SC remains on board, Buyer place MT799 to enable Seller move loaded vessel to Cotonu waters for Q and Q.

5. Upon successful Q and Q instrument crystallizes to cash for Seller and all commission agents.



  • Publisher: ADELEGAN T. DANIELS
  • Company Name: ADEMOLA RUFUS & SONS
  • Country: NIGERIA

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