Sellers Published date: May 23, 2014 Modified date: January 2, 2015

GT OIL AND GAS CIF – on $14/10 & $20/15 procedures/terms.
Please procedure is meant for capable buyers and nothing changes. DLC not accepted

DISCOUNT OF Gross $14 and Net $10.
CLAUSE 7 – PAYMENT CONDITIONS, PROCEDURES AND BANKING - CIF
7.1. PAYMENT CONDITIONS
7.1a Seller signs Sales and Purchase Agreement (SPA), and sends to Buyer for execution.
7.1b Buyer signs and returns to seller in PDF format and both parties deposit PDF copies in their respective banks. The signed copies by both parties are considered legally binding and enforceable. NOTE: DLC is not accepted as instrument

GT OIL AND GAS CIF DISCOUNT OF Gross $20 and Net $15

CLAUSE 7 – PAYMENT CONDITIONS, PROCEDURES AND BANKING - CIF
7.1. PAYMENT CONDITIONS
7.1a Seller signs Sales and Purchase Agreement (SPA), and sends to Buyer for execution.
7.1b Buyer signs and returns to seller in PDF format and both parties deposit PDF copies in their respective banks. The signed copies by both parties are considered legally binding and enforceable.

7.1c After the Buyer has concluded arrangements for the issuance of the SBLC or BG on his bank as Proof of Funds (POF), in the name of the Seller Financier to be sent by SWIFT to the Seller Financier’s Bank. Buyer sign Contract Agreement and return with a readiness willing and ability letter issued by the buyers bank letter heading stating within 72 hours sating of receiving the bank coordinate of the seller financial that his bank will send Readiness, Willing and Able (RWA) Pre- Advice MT 799 of Twelve Billion United State Dollar (US$12, 000, 000, 000) upon seller financial Bank confirming the MT799 within three banking days sellers financial bank issue 2% performance bond to nominated account of the Buyer bank after confirmation of the 2% performance bond issue SBLC or BG of Twelve Billion United State Dollar (US$12, 000, 000, 000) to Seller’s Financier Bank and copy Seller email: -

7.1d Buyer issue a letter on his company letter heading acceptance letter to receive seller financial in his bank premises with buyer accounting officer for buyer to give assurance undertaken, stating that MT799 Pre-Advice would be sent to seller financial bank and the seller will also give assurance undertaken 2% performance would be given to buyer to avoid fraud .The seller’s financial would release the full bank detail to buyer in the bank premises before buyer’s Bank issue Readiness, Willing and Able (RWA) Pre- Advice MT 799 of Two Billion Four Hundred Million United State Dollar (US$2, 400, 000, 000) to Seller’s Financier Bank, within seven (7) Banking days of successful Bank to Bank verification of the Pre- Advice MT 799 of Two Billion Four Hundred Million United State Dollar (US$2, 400, 000, 000), the Seller Financier place Two hundred and Forty Million United State Dollar (US$240, 000, 000) of Two percent (2%) Performance Bond into the nominated Account of the Buyer on behalf of the Seller. Within seven (7) banking days, Buyer confirms Seller Financier 2% performance bond, Buyer bank issue SBLC or BG to the Seller Financier’s Bank as stated in the Verbiage

REGARDS
ARINZE EMMANUEL

• 
  
  
• Publisher: Arinze
• Company Name: GT
• Country: Turkey

Contact this Company

You need to login/register to contact this company

               

Important information

• Avoid scams and never pay with Western Union, Moneygram or any other payment services
• We are not responsible for any decisions you make to contact any company. We are not associated with any company listed here.