TRANSACTION: CIF INSTRUMENT: SBLC/ BLOCKED FUNDS DISCOUNT: $12/4 PROCEDURE FOR CIF TO U.S, EUROPE/CHINA 1: Buyer sign Contract and Return with ATB/NOR Formats with the CIS/KYC, Certificate of incorporation and data page of Buyer international Passport. 2: Seller acknowledge the signed contract and also provides the Fiduciary details to receive buyer instrument.Also to be included […]
TRANSACTION: TTO DISCOUNT: $12/4 INSTRUMENT: IBPU OR BEC (N1 BILLION). *IBPU MUST BE FROM A PRIME BANK NOT A LOCAL BANK SELLER’S BLCO LOME/GHANA WATERS PROCEDURES FOR TTO DELIVERY WITH IBPU FOR TOTAL CARGO 12/4 DISCOUNT FIRST SELLER NEEDS TO KNOW THE NAME OF THE BANK AND COUNTRY ISSUING THE IBPU
PRICE: $10 / 4 MARINAZ Procedure for CIF to ASWP 3.2) Within 48 hours after signed SPA, Buyer’s BANK issues pre-advice MT705 for $200m in favour to Seller’s nominated bank stating RWA to issue DLC via MT700 while Seller’s nominated Bank responds RWA to receive the DLC. 3.3) Within 48 hours after Seller’s Bank’s response, […]