Services : After the ATV with the Sellerâ??s Bank -WELLS FARGO, USA-, the Buyerâ??s Bank can check with the Sellerâ??s Bank the genuineness of the Seller before signing the contract Established: 2008
Verification Status
Contact Details:
Jasper House 90, Bvd Du 13 Janvier
Lome
20736
Golfe
Togo
Destination:
Europe, Usa And Canada, Other-Not Shown
Looking for suppliers from:
United States, Canada, Europe
Product Description
Please provide a quotation to the following requirement from importer -
Product Name: Nigerian Bonny Light Crude Oil
Inspection: SGS similar export certificate on quality, quantity and weight at loading port will be provided at seller's expenses / SGS certificate will be verified by Buyer through SGS Geneva
Origin: Nigeria
Quantity: 2,000,000.00 Barrels per month
Duration: 1 year contract with rollovers and extensions
Price: CIF Discount to Platt USD 12.00 Gross / USD 8 .00 Net
Insurance: borne by the Seller
PROCEDURES & PAYMENT
After contract signature Seller sends first the following Proof of Product to the Buyer for necessary verification:
Bill of Lading with Q88, SGS or similar report, IMO number with Captain name of the floating cargo with destination.
After successful confirmation Buyer issues NON-TRANSFERABLE, NON-OPERATIVE SBLC in the amount of one monthly cargo.
Instrument not to be monetized and is to be activated by Sellers 2% performance bond.
Transfer fees of the banking instrument (SBLC) to be on beneficiary account.
Both instruments (SBLC and Performance Bond) serve only as a guarantee for both parties and remain active for the duration of the contract.
After successful inspection against Q/Q, SGS report at destination port Buyer release payment within 3 (three) days by SWIFT MT 103 (wire cash transfer).
Please be advised the following procedure is non-negotiable, only after successful presentation of related documents, which follows immediately after contract signature and therefore must be mentioned in the contract at the beginning of the procedure: After contract signature seller has to provide the following documents: B/L with Q88 SGS or similar IMO with Captainâ??s name of the floating cargo with destinations, After careful verifying of all documents Buyer will issue SBL/C non-operative, non-transferable Payment on arrival in Refinery port after successful verification of SGS/Q & Q, payment by TM103, wire cash transfer
Quantity Required : 2000000 Barrel/Barrels
Shipping Terms : CIF
Destination Port : Europe, Usa And Canada, Other-Not Shown
Payment Terms : DLC
Looking for suppliers from : Europe, United States, Canada
