Sellers Published date: November 20, 2020 Modified date: November 20, 2020

LOI IS REQUIRED BEFORE SPA CAN BE ISSUED

VESSEL PROCEDURE AND DISCOUNT 12/7

PROCEDURE

1 SPA WITH CIS AND ATB

2 BUYER RECEIVES FULL POP IN BUYER NAME FROM NNPC DOMAIN EMAIL

3 BUYER BANK SWIFT SELLER FUDICIARY ACCOUNT MT799 USD 20M BLOCKED FUND 90 DAYS WITHIN 5 BUSINESS DAYS IF NOT PAYS PENALTY 150K USD AND IF SELLER DOES NOT PERFORMS PAYS PENALTY $150,000 TO THE BUYER UNDER AFFIDAVIT
4-VESSEL SAIL TO POD
5- AGENTS COMMUNICATE
6 -CIQ
7 -MT103
8- SELLER PAYS COMMISSION

TANK FARM PROCEDURE DISCOUNT $8/2

PROCEDURE

1 SPA WITH CIS AND ATB

2.BUYER DEPOSITS $250k CASH IN ESCROW ACCOUNT IN CHINA PROVIDED BY SELLER

3. SELLER PROVIDES VERFIABLE POP WITH TANK FARM MANGER CONFIRMATION
IF SELLER FAILS PAYS PENALTY OF $100,000 TO THE BUYER UNDER AFFIDAVIT
IF BUYER FAILS TO CONDUCT CIQ PAY PENALTY OF $100,000 USD TO THE
SELLER

4 BUYER PERFORMS CIQ

5 BUYER PAYS MT103 WITHIN 5 BUSINESS DAYS MINUS $250k

6 SELLER PAYS COMMISSION

• 
  
  
• Publisher: SAMIM
• Company Name: SWIFTNET INC
• Country: CANADA REP FOR THE SELLER

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