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1MMT X12 Soft Pop is issued by seller
Procedures:
i. Upon Buyer request the Seller issues NCNDA/IMFPA and SPA. The Buyer executes these agreements with a Corporate PO number. Parties lodge agreements with their respective Banks.
ii. Soft Pop is issued by seller.
iii. Within four local banking hours Buyer’s Bank issues a Non-Operative IRDLC to Seller’s Bank to cover the estimated invoicable value of Product.
iv. Seller’s issues full Proof of Product for buyer verification within 8 hours.
v. Upon Buyer’s acceptance of Pop the Buyer causes the IRDLC to be operative and issues MT103/23 for the full value of the first lift.
vi. Seller issues 2% Performance Bond to activate the MT103/23 in full.
vii. Seller’s Bank sends clear title to the product and buyer commences lift.
i. Upon Buyer request the Seller issues NCNDA/IMFPA and SPA. The Buyer executes these agreements with a Corporate PO number. Parties lodge agreements with their respective Banks.
ii. Soft Pop is issued by seller.
iii. Within four local banking hours Buyer’s Bank issues a Non-Operative IRDLC to Seller’s Bank to cover the estimated invoicable value of Product.
iv. Seller’s issues full Proof of Product for buyer verification within 8 hours.
v. Upon Buyer’s acceptance of Pop the Buyer causes the IRDLC to be operative and issues MT103/23 for the full value of the first lift.
vi. Seller issues 2% Performance Bond to activate the MT103/23 in full.
vii. Seller’s Bank sends clear title to the product and buyer commences lift.
Replies to This Discussion
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Permalink Reply by Amitesh Bhattacharya on -
can you please contact me on amitesh@live.co.uk
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Permalink Reply by Temitope James Adejubigbe on
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Dear Sir ,
l have a Buyer ready for D2 & JP54 . Buyer is in need of what is avaliable in Tank now and liftable in Houston and rotterdam
Please , send to me a quote and price with a procedure .
Waiting to hear from you .
Thank you ,
James
Giant Incoporation
Tel : 00220 7593994
Skype : apex.products
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