Minimum Quantity: 50,000 Barrels
per Month
Maximum Quantity: 1,000,000
Barrels per Month
Procedures
1. Buyer sends ICPO to seller
2. Seller send FCO and Draft
Contract to buyer
3. Buyer and Seller signs NCNDA
and IMFPA
4. Upon acceptance of draft
contract, Buyer and Seller
execute the contract
5. Seller and Buyer Finalized
Shipment Schedules with the
Shipping Company. 6. Seller’s Bank SWIFT the
registered hard copies contract
and the Full POP to
Buyer’s Bank. 7. Buyer’s bank issue 100%
irrevocable, revolving SBLC or
MT103/23 for
each cargo shipment of monthly
delivery activated 2%PB. 8. Shipment commence as per
contract. 9. Buyer releases payment to the
Seller and all Brokers/Agents
same
time out-turn shipment delivery
per slot via SWIFT fund transfer
within five (05) banking days
after discharge of cargo and
receipt of
all the relevant shipping
documents.
Statistics: Companies: 641,100+, Trade Leads: 160,300+, Products: 104,200+, Contacts / Replies: 8,283,700+ There are currently 42233 users online browsing our B2B network. 20:30 GMT, Thursday, December 26, 2024 Privacy Policy Important Notice! TradeHolding.com B2B Network does not provide an escrow service! Any member who asks you to pay for their products by Western Union to an agent of "TradeHolding.com B2B Network" is fraud and should be immediately reported to us. Do not pay anything to any member who states your money will be added to TradeHolding.com safety deposit account!
All Trade Leads / Offers / Products / Company Profiles / Images and other user-posted contents are posted by the user and Africa.TradeHolding.com and TradeHolding.com B2B Network shall not be held liable for any such content. However, TradeHolding.com B2B Network respects the intellectual property, copyright, trademark, trade secret or any other personal or proprietary third party rights and expects the same from others. For concerns, please contact us.
Trade Leads Directory -> All Trade Leads -> Chemicals -> Petroleum Products: Crude Oil -> BLEND CRUDE GOST 51 858-2002
