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.
We can supply bonny light crude oil from Nigeria
Bonny Light Crude Oil from Nigeria, Min Delivery 2M MTons
Bonny Light Crude Oil from Nigeria (BLCO). We can supply you with BLCO, considering we cooperate with company who has nnpc. Our partner has more experience in international trade.
Nigerian Bonny Light Crude Oil produced from Nigeria Oil-Rich Niger-Delta
Hello we have the best to offer for Bonny light crude oil from Nigeria and Liquified Natural Gas. We can delivery any quantity you want, If you know this product and you're interested, don't hesitate to contact me as your satisfaction is my priority.
Supplier of premium quality Nigerian Bonny Crude Oil, with ability to supply 2M to 20M Barrels per month. The Bonny Light is in high demand specifically by American and European refineries. It is therefore a major source of income for the oil-rich Nation. Bonny Light Crude Oil from Nigeria: The very low sulfur content of Bonny Light crude makes it a highly desired grade for its low corrosiveness to refinery infrastructure and the lower environmental impact of its byproducts in refinery effluent.
We are NNPCS official allocation holder, offer real CIF or FOB bonny light crude oil direct from NNPC We sell bonny light crude oil at off OPEC price and we will offer all commission for the buyer side because we are the seller, no any seller side agent Pls contact me, and I will offer my company BLCO proposal to you (including proof of product and SOP) Minimum order:2 Million barrel/vessel WHAT IS BONNY LIGHT CRUDE OIL OR BLCO Bonny Light Crude Oil is a high grade of Nigerian crude oil with high API gravity (low specific gravity), produced in the Niger Delta basin and named after the prolific region around the city of Bonny. The very low sulfur content of Bonny Light crude makes it a highly desired grade for its low corrosiveness to refinery infrastructure and the lower environmental impact of its byproducts in refinery effluent.
CIF PROCEDURE: BRENT PLATT DISCOUNT: US$8.00 Gross: US$4.00 Net: BELOW BRENT PLATT PRICE. US$4.00 Commission [US$2.00 for Buyer Agents & US$2.00 for Seller Agents - Closed] Buyer sends Letter of Intent [LOI] addressed to the Seller. Seller and Buyer sign and seal Sales/Purchase Agreement and copies sent to both parties bankers, the electronically signed copy considered legally binding and enforceable in international arbitration laws. Buyer's Corresponding bank via MT199 Pre-advice Seller's financier's bank and states its readiness, willingness and ability to swift an operative MT760 SBLC to seller's bank. Also request the seller's bank to confirm to it via MT199 its readiness, willingness and ability to receive MT760 SBLC and swift 2% performance bond (PB) to it. Seller's bank shall confirm via MT199 Pre-advice to Buyer's bank its readiness, willingness and ability to receive MT760 SBLC and swift 2% performance bond (PB) to Buyer's bank. Buyer's Bank shall swift an operative MT760 SBLC for total cargo to Seller financier's bank in Seller financier's acceptable Verbiage
Light bonny crude oil from Nigeria.
