Rigwise Standard Cif Procedure
DIP & PAY
SINGAPORE, FUJAIRAH, ROTTERDAM and HOUSTON
1. BUYER issues LOI with full company KYC including: Company Details, Contact Details for Signing Authority, and Passport Facing Page.
2. SELLER issues Soft Corporate Offer (SCO) including: Full Company Details, Contact Details for Signing Authority, Passport Facing Page, and Company Banking Details.
3. Upon Acceptance of SELLER'S SCO/FCO, BUYER issues Irrevocable Corporate Purchase Order ICPO with complete Banking References, Company Profile (CP), Company Registration, Copy of Buyer's Authorized Signatory's Passport and RWA Letter signed by two of buyer's bank officers and issued to seller's name, which stipulates that Buyer is RWA to issue financial instrument (DLC) for payment of goods ordered.
4. On receipt of BUYER'S ICPO and RWA Letter, seller issues (amendable) draft contract (SPA) and NCNDA/IMFPA completed by Seller's Mandate/Broker.
5. BUYER returns to SELLER the signed and sealed SPA along with the IMFPA/NCNDA completed and signed by BUYER, BUYER'S Facilitator/Buyer Mandate Group and all Intermediaries.
6. SELLER issues approved, countersigned and sealed SPA which now incorporates the NCNDA/IMFPA as an Annexure within the SPA document. Both BUYER and SELLER lodge the Legalized SPA contracts in their respective Banks.
7. SELLER issues PPOP, .
8. BUYER Verifies PPOP and is satisfied with the outcome, issues and activates an inoperative, transferable/Non-Transferable DLC as a guarantee instrument. (CHOICE IS BUYERS)
9. SELLER provides FULL PROOF OF PRODUCT,
10. Ship arrives at the destination port and a Q&Q inspection is conducted by a nominated inspection agency such as SGS or equivalent others on the goods and checks through the Bill Of Lading (BL) and Commercial Invoice. Upon Satisfactory Inspection Report, the Buyer Releases Payment via MT103/TT to SELLER'S Bank (100% Payable for Each Shipment) within 3 banking days.
11. Documents from shipping on board Vessel. (To Be Issued after Loading)
12. After Confirmation of Receipt of Payment to SELLER and INTERMEDIARIES (Commissions as per IMFPA) the Seller shall instruct the Ship's Captain to discharge the Cargo.
13. SELLER sends the Title Ownership documents to BUYER.
We currently hold proxy's with over 20 South African mines and operations. We can supply the coal products on the following basis - FOB. We also have payment terms to suit various payment methods and supply a 2% performance bond in favor of the buyer.
MINIMUM monthly order 150,000 MT. Production capacity 1 million metric tons. Sustainable long-term contracts. Access to large quantities of products with consistent quality controls in place. Direct with the mines and back by a 2% performance bond. RB1 102.00 USD per MT - RB3 98 USD (FOB & indicative price)
1cc 25G 1" syringes with safety needles with CE and 510K certificates, 2 millions OTG and ready to ship anywhere in the world.
Please contact me asap, first come first serve.
- via JVA - $605 ICPO price + $40 ($20+$5+$5+$5+$5) - $2,5 open to by side intermediaries
or
- via NCNDA / IMFPA $605 ICPO price + $10 ($6+$1+$1+$1+$1) - $1 open to all buy side intermediaries including me (Rob), markup is possible if the buyer accepts it
Min. 100,000 mt Ã?? 12 (up to 300,000 mt possible)
Initial Verification Steps:
-Buyer submits LOI and CIS only
-Zoom call between buyer and sellerâ??s mandate
-Signing fee protection agreement, after that JVA or NCNDA/IMFPA depending which option the buyer chooses
-ICPO + CIS + BCL + Licenses + Vopak QR code
-CI from the Supplier and so on according to the detailed procedure below
After that Buyers and Seller's Vopak managers will handle (it's in the detailed procedure).
We have a few suppliers and are direct to refinery on Kazakhstan, we offer CIF for en590 as well as tank to tank and vessel to vessel.
Buyer may visit multiple times per month to tank farm.
All documentation provided to buyer once inquired for procedures/product profile/CIS/License
Must have signed ICPO and proof of funds to see if buyer is eligible.
- Rotterdam/Netherlands
- Houston/Texas
- Gurung/Singapore
We can readily supply a wide range of products to your company. We are specialized in the supply of water treatment chemicals, inorganic chemicals, food and beverage chemicals, rubber and plastic chemicals, food additives, PU foam materials, ore and metals, mining chemicals, fertilizers
We can readily supply retail quantities and also in bulk
