Product: JP54
Quantity:1,000,000 BBL per Month 5,000,000 BBL per Month
Port: CIF ASWP
Price BBL: gross$82.00 net$77.00
BANK TO BANK CONTRACT PROCEDURE
1. The BUYER sends an LOI (NEW BUYERS) or ICPO + BUYER PASSPORT COPY, COMPANY LICENSE COPY, BUSINESS LICENSE COPY, COMPANY PROFILE, BANKING DETAILS + NCNDA-IMFPA
2. The SELLER sends FCO, the BUYER sign it and send it back to the SELLER;
3. The BUYER first sends on his letterhead his confirmation of SELLER’s procedure and the payment terms and conditions together with their ICPO for the product he wishes to purchase.
4. After receiving the documents as per clause above from the BUYER, the SELLER will issue the Draft-Contract to the Buyer. The BUYER accepts the terms and conditions and after agreeing to the final version, signs the Contract and sends it back via e-mail to the Seller to be signed. The electronic version of the Contract has complete legal force until an exchange of hard copies of the Contract is comp
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