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 […]
TRANSACTION: TTO INSTRUMENT: PRE-ADVISE SBLC/ BG/ BF/ DLC PRICE: $610/10 NON-NEGOTIABLE TTO PROCEDURE FOR LOME 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. […]
TRANSACTION: CIF DISCOUNT: $13/4 INSTRUMENT: BLOCKED FUNDS PROCEDURE FOR SPAIN 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 […]