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Cif En-590 10Ppm Diesel

Supplier From Netherlands
Mar-05-24

CIF EN-590 10ppm Diesel -12 Month Contract Production Procedures:

Product: EN590 Diesel 10ppm
Origin: Dubai
Delivery: CIF to any safe world port
MOQ: 100mt

CIF Transaction Procedures:
1. Buyer issues LOI/ICPO.
2. Seller issues Draft Sales Purchase Agreement Contract and for Buyer\'s review and signing.
3. Buyer and Seller sign Sales Purchase Agreement Contract and the Buyer will send Draft Banking instrument verbiage for review.
4. Seller sends partial POP to Buyer via email:
(a) Statement of Availability of Product
(b) Seller's Irrevocable Commitment to Supply
(c) Product Passport
(d) Certificate of Product Origin
(e) ATSC (Authorization to Sell and Collect)
5. Buyer sends the Final Draft of LC/SBLC for Sellers approval.
6. Buyer\'s Bank Swift the irrevocable, operative, transferable, divisible, confirmed and fully Funded Documentary Letter of Credit IRDLC to the Seller\'s bank.
7. Seller sends the full POP and 2% Performance Bond to Buyer\'s bank.
8. Shipment commences as scheduled in the contract and upon arrival of the cargo at the discharge port and after SGS/Q&Q, or equivalent inspection, immediately Buyer\'s Bank releases the Total Value of the Shipping to Seller\'s Bank within 48 hours (two banking days) by MT103 against shipping documents specified.
9. Seller pays all intermediaries involved in the transaction as per IMFPA within 48 hours.

Notes:
1) Seller will allow transferable sblc/dlc and non-transferable sblc/dlc as a finance instrument.
2) Buyer must submit Loi/icpo to start engagement with our seller.

Price and Minumum Quantity

Price FOB: USD $ 630 per 100 mt
Minimum Order Qty: 100  

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