Offer Details

Enquiry No. : B-108734 Orange (USA)

Description :Dear Sir,
We have a buyer looking to buy large quantities of D2 and JP54
The quantity we need is 120,000,000 metric tons
The price should be between USD 300 and 450 USD
However, buyer would like the procedure below followed.
Please let us know if you are able to accommodate him.
Procedures:
1. Buyer confirms seller soft offer by issuing an ICPO.
2. Seller issues FCO and commercial invoice setting forth the following:
A. Quantity and price of product.
B. Tank farm name and location.
C. Affirmation that title to the product is held in the name of the seller.
D. Exhibit should be attached containing full product specifications
E. Signature of seller.
3. Buyer to review and, upon approval, sign commercial invoice
electronically and return via email to seller.
4. Bank to bank soft probe
(Sellers bank call buyers bank to confirm financial capability).
Bank should be a top 25 world bank
5. Seller issues by email POP documents to buyer, including tank receipts,
SGS reports and dip test authorization.
6. Immediately after verification and confirmation of POP,
buyers Bank issues MT103-23 for the lift able amount of product,
with final payment conditioned upon receipt and verification
of Full POP documentation and transfer of title.
7. Seller issues full POP documents to buyer, including
draft title transfer documentation.
Upon verification of full POP, buyer to remove payment conditions to
MT103-23 with payment to be made at the moment of transfer of title
Buyer has right to place title in any company/party name without protest.
8. Lifting commences by buyer.
Note: The seller and the buyer shall each bear their own respective
banking costs and charges arising from the performance of this agreement.
Please reply by email
Regards