Banking Procedure For Cif Delivery China/aswp PROCEDURE: CIF DELIVERY FOR TRANSACTION VIA SWIFT MT700 DLC GROSS DISCOUNT US$10.00 per Barrel. NET DISCOUNT TO THE BUYER US$6.00 per Barrel THE SELLER'S FACILITATORS US$2.00 PER BARREL. THE BUYER'S FACILITATORS US$2.00 PER BARREL. TRIAL QUANTITY: 2 MILLION BARRELS. 1. Seller releases his signed SPA. 2. Buyer confirms the SPA and signs and seals the Contract with banking coordinates and exchanges the signed copy by electronic mail. The electronic and signed copy by both Parties is considered legally binding and enforceable and must not be changed. 3. The executed SPA is lodged with their respective banks. 4. Buyer issues DLC via MT700 to Sellers Fiduciary Bank Account with Sellers agreed Verbiage. 5. Upon receiving Buyer's DLC, Seller's Fiduciary Bank verify and confirms the DLC. 6. Sellers Fiduciary Bank issues 2% Performance Bond. 7. Seller loads the vessel in Buyers Name and issues full POP bank to bank basis only and NOR/ETA to buyers shipping agent. 8. Seller authorizes vessel Captain to issue MATB/DTA to Buyers Inspectors while Buyer clears the vessel and boards Inspectors who performs timely Q&Q/CIQ analysis/inspection at Buyers expense. 9. Immediately after successful Q&Q analysis, Vessel discharges into buyer tank farm. 10. Seller releases loaded cargo documents in favor of the Buyer and hard copy delivered to Buyer. 11. Buyer makes full Payment via Swift MT103 Wire Transfer for total cargo to Sellerâ??s nominated bank account within 72 hours. Seller shall pay all commissions to agents and facilitators the same day.
Solid Minerals Ore such as: Zinc / Lead Ores, Manganese Ore, Fluoride (Fluorspar) ore, Copper Ore, Lithium ore, Graphite ore, Tin ore ant other minerals. 2. Agricultural products such as: Sesame Seeds, Raw Cashews, Hibiscus, Groundnut, Peanut, Ginger (Dried and Fresh), Shea butter, Cocoa, Charcoal.Buying center, wholesale, retailing, clearing, logistics
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Polarization: 99.80% degrees min Ash by electrical conduct: 0.04% max (on dry weight basis) Ash content: 0.04 max Moisture: 0.04% max ICUMSA 45 RBU: Max (Brazil/Thailand S.G.S scale) Solubility: 100% dry and free flowing Color: Sparkling white ICUMSA Maximum 45 attenuation index units (ICUMSA method #.: 4-1978) Radiation: Within CS-137 of 50 BQ per kg Granulation: Fine crystal Crop: Latest Magnetic particles: Mg/Kg 4 max SO2 mg/kg 20 max Sulfur Dioxide: 20 Mg/Kg min Sediments: None Smell: Typical and specific for sugar Reducing sugar: 0.05% Max by weight HPN Staph Aureus not detected in 1 gram Maximum AS: 1 P.P.M. Maximum PB: 1 P.P.M. Maximum CU: 3 P.P.M. Substance: Solid Crystal Tolerance: 5% (+/-)
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