TRANSACTION: TTO INSTRUMENT: PRE-ADVISE SBLC/ DLC/ BG/ BF PRICE: $580/10 TTO PROCEDURE GHANA WATERS. 1. BUYER ISSUE LETTER OF INTENT (LOI) TO RECEIVE SPA. SELLER ISSUES SPA AND BUYER SIGNS AND RETURNS SPA WITH BUYER’S PASSPORT DATA PAGE AND COMPANY REGISTRATION CERTIFICATE. WITH BUYER’S CIS TO ISSUE SBLC/BG/BF/DLC VERBIAGE AND SPECIFICATION VERY IMPORTANT. CIS of […]
TRANSACTION: CIF INSTRUMENT: BLOCKED FUNDS DISCOUNT: $13/4 PROCEDURE FOR CHINA CIF 1) Seller issue SPA ,Buyer sign and return the SPA with details of inspection team 2A) Seller Provide Partial POP to buyer. 2B) Buyer confirm the Partial POP (Q88 excluded) andBLOCK FUND $25million into the NNPC direct account or give SBLC 3) NNPC issues […]
TRANSACTION: CIF INSTRUMENT: SBLC DISCOUNT: $13/4 PROCEDURE FOR Rotterdam CIF 1) Seller issue SPA ,Buyer sign and return the SPA with details of inspection team 2A) Seller Provide Partial POP to buyer. 2B) Buyer confirm the Partial POP (Q88 excluded) andBLOCK FUND $25million into the NNPC direct account or give SBLC 3) NNPC issues ATV […]