We have offer EN590 ready loaded vessel in singapore, Russia, Malaysia, Indonesia. Bank to Bank procedure. PROCEDURE READY CARGO (OIL IN VESSEL) 1.Buyer issues ICPO must be on buyer company letterhead and with buyer banking information, of top ranking acceptable with company profile and Company Registration copy and Digital copy of passport of signatory or any state ID copy. 2. After DD buyer company , Seller issues Draft Contract (open for any amendments) to Buyer, in 48-72 hours. Buyer sign, seals and returns the Draft Contract in MS word document itself, to Seller for final endorsement. 3. Buyer issue DLC/LC AT SIGHT/ USANCE LC / SBLC MT760 TO Seller bank. 4. Seller give proof of products: -BILL OF LOADING -Certificate of Origin -CARGO MANY FAST -ULLAGE REPORT -NOR / ETA (Notice of Readiness / Estimated time of Arrival). -Product quality passport (Analysis test Report) By Russian standard Gost R. -Q88 5. *Seller's issues the 2% Performance Bond (PB) within 3 banking days upon receiving buyers DLC.* 6. SGS inspection will be borne by the Seller at the loading seaport. SGS inspection will be borne by the Buyer at the discharge port. 7. Buyer releases payment to Seller by TT/MT103 upon receipt of the shipping documents and confirmation of the Q & Q by SGS / CIQ at destination port. 8. Seller pays commission within 48 hours by Swift MT103 to all intermediaries as signed NCNDA / IMPFA
