Payment Terms:
Upon certified SGS quantity and quality approval by the buyer and his bank, the buyer pays 100% of the available product via MT103.
Shipping Terms:
FOB
Looking for suppliers from:
Worldwide
Product Description:
Please provide a quotation to the following requirement from importer -
Product: Diesel
Specifications:
Type: EN590
D6
Qty MOQ
Initial steps (strictly followed. Don’t send offers if your initial steps are different or if you can’t work with those):
1- Seller sends offer, draft NCNDA+IMFPA signed, and seller’s past proof of inspection report of the product.
2- Buyer then sends an ICPO with their Bank information for seller’s Contract Drafts for mutual signature.
Process continues further:
PROCEDURES FOR FOB PORT ROTTERDAM, HOUSTON AND FUJAIRA
1. Buyer issues ICPO with bank details along with passport photocopy according to seller's procedure.
2. The seller issues a "SPA" and commercial invoice to the buyer, valid for 60 months of fixed prices, and the buyer signs and returns the signed commercial invoice.
3. Seller provides buyer with tank storage receipt (TSR) and Immersion Test Authorization (DTA) from a certified tank farm recommended by the refinery for a minimum of " 7 days ". Note: The buyer does not need to pay to rent the tank for more days as it is the seller's responsibility. The buyer will not pay any expenses to the terminal and tank farm for 60 months. The seller has accepted this.
4. The seller gives the buyer partial POPP documents for the products. All parties sign the NCNDA/IMFPA commission protection fee.
5. Buyer contact Tank Farm to perform SGS inspection or immersion test. (The buyer will not pay any costs for entry to the tank farm. The seller will create all permits free of charge.)
6. Seller sends the following POP Documents to the buyer.
A. Certificate of originality
B. Immersion Test Product
C. Passport
D. SGS Q&A Report
to. Authorization to Sell and Collect (ATSC)
F. Verification Authority (PHYSICALLY)
7. Upon certified SGS quantity and quality approval by the buyer and his bank, the buyer pays 100% of the available product via MT103.
8. The seller changes title to the buyer's name, and the buyer pays the buy-side commission, and the seller pays the sell-side commission according to the official prices in the Cl according to the signed NCNDA/IMFPA.
