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  • Nigeria Nigeria  
  • Last Updated:
    Posted on: 04 Mar 2021

RFQ Details

BLCO SELLER REQUIRED 2016-11-01 Qty 2mbls x 12 months Price $10/6 Procedures. 1.Buyer and Seller sign SPA. 2. Buyer's Bank issues Pre-Advice DLC to Seller's Bank. 3. Seller issues Non-Operative 2%PB. 4. Buyer issues DLC to activate Seller's PB. 5. Seller nominates vessel in Buyers favor, issues Notice of Readiness (NOR), Expected time of arrival ETA to the buyers port of discharge, Vessel commence voyage to buyers port 6. On arrival, Vessel Tankers Captain issues marine Authorization to Board (ATB) to buyer to conduct Q.Q analysis. 7. Sellers bank send to Buyers bank all valid shipping documents, in Buyers name. 8. Buyers Inspector conduct Inspection and product discharges to buyers tanks 9. Within 5 banking days, Buyers bank TT payment for cargo received with SGS or CIQ Quality & Quantities report.