BLCO AVAILABLE ON CIF TERMS TO ROTTERDAM OR ASWP
2 to 4 million barrels monthly X12 months
Price to be agreed on between buyer and seller
PROCEDURES:
1.Buyer sends LOI, Seller's Sends SCO/FCO
2. Buyer returns ICPO
3. Seller provides draft contract for openly amendable and signing by parties
4. Buyer's bank issues BCL to seller's bank
Seller bank issues an in-operative 2%pb to Buyers bank
5. Buyer's bank issues irrevocable non-transferable LC/BG/SBLC to Seller's nominated bank beneficiary after receipt of 2%pb
6. Seller commence the shipment within 20 working days after LC receipt of buyer
7. Buyer will wire by T/T to seller after CIQ inspection at discharge port
8. Seller refunds commission within 48 hours after receipt of buyer's payment to intermediates
Can arrange a TTM between the end seller and the potential buyer in Nigeria.
-
- Publisher: yemiolad
- Company Name: philad global resources
- Country: nigeria
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.
Contact this Company
You need to login/register to contact this company