REFINERY APPROVED PROCEDURES (TANK VESSEL)/SINGAPORE JURONG PORT. 1. Buyer issues official Irrevocable Corporate Purchase Order (ICPO) with full banking information, Company Profile, Buyers Passport copy, company registration certificate, copy of Sellers Transaction Procedure and latest valid POF. 2. Seller issues Commercial Invoice to buyer, Buyer countersigns within 24 hours and returns to seller. 3. Seller issues the following PPOP document to Buyer. A. Authorization to Verify (ATV) via Email/Telephone B. Passport product Analysis. C. Notice of Readiness to inject (NOR) D. Certificate of Origin. E. Tank Storage Receipt (TSR) 4. Within 48 hours of receiving PPOP documents, buyer pays extension cost direct to Seller's Tank Farm Company. 5. Seller issue DTA (authorization to dip test), Access Permit and Buyer Conducts Dip-Test/SGS at sellers Tanks. 6. Buyer provides Seller/Refinery with Buyer's Vessel/Tank information's. 7. Seller commences injection immediately into Buyer's Vessel/Tank within maximum 48 hours Buyer Pays via MT103 /TT and issues all export documents. 8. Both parties sign a one-year contract. 9. Seller pays commissions to mandates and intermediaries within 24 hrs. after confirmation of the Buyers payment.
