WE ARE READY TO SUPPLY IN FOB ROTTERDAM/HOUSTON CI DIP PAY
JET A1 - JP54 - VIRGIN FUEL OIL D6 - EN590
- No upfront fees
- Seller will pay Buyer's tank farm lease for 3 days
- Dip test after injecting to Buyer's tank farm
TRANSACTION PROCEDURES FOB CI DIP & PAY
1) Buyer issues ICPO.
2) Seller issues Commercial Invoice (CI). Buyer signs and returns to Seller with his TSA. Seller verifies Buyer's TANK FARM and makes 3 days tank lease payment to the Buyer's tank farm for the Injection Process.
3) Buyer pays his Tank Farm Company for 2 days tank storage costs, (totaling 5 day TSR) after his Tank Farm Company has received the payment from Seller's Company 3 days cost.
4) Seller injects into Buyer's tank and issues ATV and Unconditional DTA.
5) Buyer conducts Dip Test and makes the payment for the total value of product injected into the tanks through the means of MT103-TT.
6) Seller pays all intermediaries involved in the transaction, and subsequently monthly shipment continues as per terms and conditions of the sales and purchase agreement contract between Buyer and Seller.
